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TORONTO, ONTARIO -- (Marketwire) -- 02/28/13 -- Roxgold Inc. (TSX VENTURE: ROG) ("Roxgold" or the "Company") is pleased to announce results from the current infill drilling program at its 100% owned Yaramoko Concession in Burkina Faso. Today's results continue to demonstrate the continuity of high grade mineralization down plunge within the 55 Zone.
HIGHLIGHTS
-- 16.8 grams per tonne gold ("gpt") over 6.0 meters within a wider intercept of 6.7 gpt over 29.1 meters in drill hole YRM-DD-13-263-- 28.8 gpt gold over 3.8 meters within a wider intercept of 17.1 gpt over 6.9 meters in drill hole YRM-DD-12-242.-- 20.6 gpt gold over 4.6 meters within a wider intercept of 15.6 gpt over 6.9 meters in drill hole YRM-DD-13-264-- 7.9 gpt gold over 3 meters in drill hole YRM-13-DD-259 which tested a cross structure on the western side of the 55 Zone.(i)All intercepts above are reported as core length, estimated true widths are reported in Table 1.
"Today's results continue to add to the growing high grade story of the 55 Zone. Hole 263 is a very strong intercept in terms of both grade and width and in a key part of the deposit," stated John Dorward, President and CEO of Roxgold. "Infill drilling between 400 and 750 meters depth continues to add bulk to the down plunge extension of the 55 Zone. In addition, with mineralization intersected in cross structures higher up in the system, we remain confident in the ability of our deposit to keep growing."
Summary of Results
---------------------------------------------------------------------------- Est. Est. Depth Depth Vertical True From To Depth Value Over WidthHole ID Zone Azimuth Dip (m) (m) (m) (g/t) (m) (m)----------------------------------------------------------------------------YRM-12-DD- 242 55 360 -60 904.8 911.7 760 17.1 6.9 3.3including 904.8 908.6 28.9 3.8 1.8YRM-12-DD- 257 55 350 -58 450 NSRYRM-12-DD- 258 55 X 50 -45 NSRYRM-13-DD- 259 55 X 230 -45 66 69 50 7.9 3.0 NA(ii)YRM-13-DD- 261(i) 55 360 -50 595 602 520 3.0 7.0 3.7YRM-13-DD- 262 55 5 -50 290 NSRYRM-13-DD- 263 55 360 -60 566.9 596 500 6.7 29.1 17.3including 55 566.9 570.8 5.0 3.9 2.3including 55 579 583 12.1 4.0 2.4and 55 587 593 16.8 6.0 3.6including 55 587 591 22.2 4.0 2.4YRM-13-DD- 264 55 360 -62 765.1 772 620 15.6 6.9 3.4including 765.1 769.7 20.6 4.6 2.3YRM-13-DD- 265 55 360 -55 720.1 723.1 580 6.1 3.0 1.9----------------------------------------------------------------------------(i)261 followed up on 260 which was abandoned due to poor ground conditions and was terminated at 286.5m(ii) True width of this zone is unknown at this time
