Roscan Gold Welcomes Partial Lifting of Mining Title Suspension in Mali
Roscan Gold (RCGCF) announces a significant development as the Malian government partially lifts the suspension on mining title applications processing, effective March 15, 2025. The decision allows resumption of research and exploitation permit renewals, transitions from research to exploitation, and transfer of exploitation permits.
The company's Kandiole Gold Project currently holds an indicated Mineral Resource Estimate (MRE) of 27.4 million tonnes at 1.2 g/t gold (1.02 million ounces) and an inferred MRE of 5.2 million tonnes at 1.2 g/t gold (0.20 million ounces). These estimates use cut-off grades of 0.3 g/t gold for oxide and 0.42 g/t gold for fresh at a $1,500 per ounce gold price.
Additionally, Roscan has identified an exploration target for potential MRE growth between 8Mt at 1.0 g/t Au and 30Mt at 0.8 g/t Au within the MRE areas.
Roscan Gold (RCGCF) annuncia uno sviluppo significativo poiché il governo maliano solleva parzialmente la sospensione sul trattamento delle domande di titoli minerari, con effetto dal 15 marzo 2025. La decisione consente la ripresa del rinnovo dei permessi di ricerca e sfruttamento, il passaggio dalla ricerca allo sfruttamento e il trasferimento dei permessi di sfruttamento.
Il Progetto Oro Kandiole dell'azienda detiene attualmente una stima delle risorse minerarie indicate (MRE) di 27,4 milioni di tonnellate a 1,2 g/t di oro (1,02 milioni di once) e una MRE inferita di 5,2 milioni di tonnellate a 1,2 g/t di oro (0,20 milioni di once). Queste stime utilizzano gradi di cut-off di 0,3 g/t di oro per l'ossido e 0,42 g/t di oro per il fresco a un prezzo dell'oro di $1.500 per oncia.
Inoltre, Roscan ha identificato un obiettivo di esplorazione per una potenziale crescita della MRE compresa tra 8Mt a 1,0 g/t Au e 30Mt a 0,8 g/t Au all'interno delle aree MRE.
Roscan Gold (RCGCF) anuncia un desarrollo significativo, ya que el gobierno de Malí levanta parcialmente la suspensión en el procesamiento de solicitudes de títulos mineros, con efecto a partir del 15 de marzo de 2025. La decisión permite la reanudación de la renovación de permisos de investigación y explotación, transiciones de investigación a explotación y la transferencia de permisos de explotación.
El Proyecto de Oro Kandiole de la compañía tiene actualmente una estimación de recursos minerales indicados (MRE) de 27,4 millones de toneladas a 1,2 g/t de oro (1,02 millones de onzas) y una MRE inferida de 5,2 millones de toneladas a 1,2 g/t de oro (0,20 millones de onzas). Estas estimaciones utilizan grados de corte de 0,3 g/t de oro para óxido y 0,42 g/t de oro para fresco a un precio del oro de $1,500 por onza.
Además, Roscan ha identificado un objetivo de exploración para un potencial crecimiento de la MRE entre 8Mt a 1,0 g/t Au y 30Mt a 0,8 g/t Au dentro de las áreas de MRE.
로스칸 골드 (RCGCF)는 말리 정부가 2025년 3월 15일부터 광산 제목 신청 처리의 일시 중지를 부분적으로 해제한다고 발표하며 중요한 발전을 알립니다. 이 결정은 연구 및 개발 허가 갱신, 연구에서 개발로의 전환, 개발 허가의 이전을 재개할 수 있게 합니다.
회사의 칸디올 금 프로젝트는 현재 1.2g/t 금(102만 온스)에서 2740만 톤의 지시 자원 추정치 (MRE)와 1.2g/t 금(20만 온스)에서 520만 톤의 추정 MRE를 보유하고 있습니다. 이러한 추정치는 산화물에 대해 0.3g/t 금, 신선한 광물에 대해 0.42g/t 금의 컷오프 등급을 사용하며, 금 가격은 온스당 1,500달러입니다.
추가로, 로스칸은 MRE 지역 내에서 8Mt의 1.0g/t Au에서 30Mt의 0.8g/t Au 사이의 잠재적 MRE 성장 탐색 목표를 확인했습니다.
Roscan Gold (RCGCF) annonce un développement significatif, car le gouvernement malien lève partiellement la suspension du traitement des demandes de titres miniers, à compter du 15 mars 2025. Cette décision permet la reprise du renouvellement des permis de recherche et d'exploitation, les transitions de la recherche à l'exploitation et le transfert des permis d'exploitation.
Le Projet d'Or Kandiole de l'entreprise détient actuellement une estimation des ressources minérales indiquées (MRE) de 27,4 millions de tonnes à 1,2 g/t d'or (1,02 million d'onces) et une MRE inférée de 5,2 millions de tonnes à 1,2 g/t d'or (0,20 million d'onces). Ces estimations utilisent des seuils de coupure de 0,3 g/t d'or pour l'oxyde et 0,42 g/t d'or pour le frais à un prix de l'or de 1 500 $ par once.
De plus, Roscan a identifié un objectif d'exploration pour une croissance potentielle de la MRE entre 8Mt à 1,0 g/t Au et 30Mt à 0,8 g/t Au dans les zones MRE.
Roscan Gold (RCGCF) kündigt eine bedeutende Entwicklung an, da die malische Regierung die Aussetzung der Bearbeitung von Anträgen auf Bergbaurechte teilweise aufhebt, die ab dem 15. März 2025 wirksam wird. Die Entscheidung erlaubt die Wiederaufnahme von Erneuerungen von Forschungs- und Ausbeutungsbewilligungen, Übergänge von der Forschung zur Ausbeutung und die Übertragung von Ausbeutungsbewilligungen.
Das Kandiole Goldprojekt des Unternehmens verfügt derzeit über eine angegebene Mineralressourcenschätzung (MRE) von 27,4 Millionen Tonnen bei 1,2 g/t Gold (1,02 Millionen Unzen) und eine vermutete MRE von 5,2 Millionen Tonnen bei 1,2 g/t Gold (0,20 Millionen Unzen). Diese Schätzungen verwenden Cut-off-Gehalte von 0,3 g/t Gold für Oxid und 0,42 g/t Gold für frisches Material bei einem Goldpreis von 1.500 $ pro Unze.
Darüber hinaus hat Roscan ein Erkundungsziel für ein potenzielles MRE-Wachstum zwischen 8Mt bei 1,0 g/t Au und 30Mt bei 0,8 g/t Au innerhalb der MRE-Gebiete identifiziert.
- Partial lifting of mining title suspension in Mali reduces regulatory uncertainty
- Substantial mineral resource base: 1.02M oz indicated and 0.20M oz inferred gold
- Additional exploration potential identified within MRE areas
- Previous suspension of mining titles may have delayed project development
Toronto, Ontario--(Newsfile Corp. - March 10, 2025) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") welcomes the announcement by the Government of Mali regarding the partial lifting of the suspension on processing applications related to mining titles. This decision represents a significant milestone for the country's mining sector and a major de-risking event for Roscan's Kandiole Gold Project.
The Malian Ministry of Mines has confirmed that, effective March 15, 2025, the Mining Administration will resume processing applications for the renewal of research and exploitation permits, as well as applications related to the transition from the research phase to exploitation. Additionally, requests for the direct or indirect transfer of exploitation permits will also be considered. This follows extensive efforts to streamline and enhance governance within Mali's mining sector.
Roscan Gold views this development as a pivotal step that supports the continued advancement of its Kandiole Gold Project, where the Company has delineated an indicated Mineral Resource Estimate ("MRE") of 27.4 million tonnes at 1.2 g/t gold for 1.02 million ounces and an inferred MRE of 5.2 million tonnes at 1.2 g/t gold for 0.20 million ounces. These estimates were reported using a cut-off grade of 0.3 g/t gold (oxide) and 0.42 g/t gold (fresh) at a gold price of
In addition to this resource base, Roscan has identified an exploration target(1) for potential MRE growth estimated between 8Mt at 1.0 g/t Au and 30Mt at 0.8 g/t Au within the MRE areas, alongside extensive positive exploration results outside the MRE areas.
Further details on Roscan's MRE and Exploration Target with their respective disclaimers, please refer to press releases dated June 8, 2022 and titled Roscan Announces Interim Resource of 1.02 Moz at 1.2 g/t Indicated, 0.20 Moz at 1.2g/t Inferred at its Kandiolé Project in Mali and Roscan Outlines Potential Exploration Upside on Areas Within and Outside Current Resources.
"This announcement provides much-needed clarity and stability for the mining industry in Mali, and we appreciate the government's commitment to strengthening the sector's governance," said Nana Sangmuah, President and CEO of Roscan Gold. "I have spent significant time in Mali in the last several months meeting with senior government officials and this step forward represents a significant de-risking of our Kandiole Project. This reinforces our confidence in the project's potential and the positive upward trajectory of Mali's mining sector and the opportunities ahead for Roscan."
Roscan Gold remains committed to working collaboratively with the Malian government and stakeholders to advance its exploration and development activities while creating value for all stakeholders.
Qualified Person
Pascal van Osta, P. Geo., Vice President of Exploration for the Company, is the designated Qualified Person for this news release within the meaning of National Instrument 43-101 ("NI 43-101") and has reviewed and verified that the technical information contained herein is accurate and approves of the written disclosure of same.
About Roscan
Roscan Gold Corporation is a Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa. The Company has assembled a significant land position of
For further information, please contact:
Nana Sangmuah
President & CEO
Tel: (416) 900-1412
Email: info@Roscan.ca
Forward-Looking Statements
This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as "significant", "substantial", "positive trajectory", "exploration success", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. "Exploration Target" as a range of quantities and grades are conceptual in nature and there has not been sufficient exploration to define a mineral resource. It is uncertain if future exploration will result in the target being delineated as a mineral resource. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the mineral exploration and development industry, including those risks set out in the Company's management's discussion and analysis as filed under the Company's profile at www.sedarplus.ca. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
(1) The disclosure of the aforementioned "Exploration Target" as a range of quantities and grades are conceptual in nature and there has not been sufficient exploration to define a mineral resource. It is uncertain if future exploration will result in the target being delineated as a mineral resource.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243889
FAQ
What is the impact of Mali's mining title suspension lifting on Roscan Gold (RCGCF)?
What are the current mineral resources of RCGCF's Kandiole Gold Project?
When will Mali resume processing mining applications for RCGCF and others?
What is the exploration potential for RCGCF's Kandiole Project?
