Current Work Program
Ongoing exploration includes:
-- Approximately 6,000 meters of RC drilling is planned for the current quarter-- The balance of 3,000 meters in the current regional diamond drill program will be completed during the current quarter-- An additional 7,000m of auger drilling-- Systematic mapping and sampling of artisanal mining sites throughout the permit area.-- Extension of the IP test survey to the west and north of the existing survey
Figure 1: 2013 Auger Program Results: http://www.roxgold.com/i/pdf/Nr-Apr8-2013-Fig1.pdf
Figure 2: 2013 Test IP Survey grid: http://www.roxgold.com/i/pdf/Nr-Apr8-2013-Fig2.pdf
Pierre Desautels, P.Geo, of AGP Mining Consultants Inc., a Qualified Person within the meaning of National Instrument 43-101 who is an independent consultant to the company, has verified and approved the data disclosed in this release. This includes the sampling, analytical and test data underlying the information.
Quality Assurance/Quality Control
RC and auger holes reported in this press release were drilled using RC and auger drill rigs. Contractors and employees of Roxgold conducted all logging and sampling of both RC chips and auger soil samples. The soil and rock chips were logged, catalogued and bagged by Roxgold employees and contractors working for Roxgold. RC samples were shipped to ALS Chemex in Ouagadougou or Act Labs in Ouagadougou and in some cases TSL Lab in Saskatoon ("The Labs"). Auger samples were collected at the drill site and sent for analysis at Act Labs in Ouagadougou. Quality control procedures included the systematic insertion of blanks, duplicates and sample standards into the sample stream. In addition, The Labs inserted their own quality control samples.
Roxgold is a TSX.V listed exploration and development company with its key asset, the 167 Km2 Yaramoko concession, located to the south of and contiguous to SEMAFO's Mana Project in the Hounde region of Burkina Faso, West Africa. Roxgold is focused on further exploring the Company's 100% owned Yaramoko permit and advancing the 55 Zone.
Forward Looking Statements
This news release may contain forward-looking statements. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements in this news release include statements that describe the Company's future plans for the exploration and development of the 55 Zone and permit wide exploration in 2013, the disclosure under the heading Current Work Program, potential of the 55 Zone including its prospectivity at depth and the extensions of the mineralized area at depth, the objectives or goals of exploration programs, and timing of future announcements, and include words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "anticipates", "believes", "could", "estimates", "expects", "may", "shall", "will", or "would". Forward-looking statements are based on assumptions and address future events and conditions; by their very nature they involve inherent risks and uncertainties. The assumptions upon which forward looking statements in this news release are made include the reasonable assumptions of management with respect to the geologic model, that third party labs will continue to process assays at the current pace, results of exploration will warrant further work, and current macro-economic conditions will continue to prevail .Actual results relating to such future events and conditions could differ materially from those currently anticipated in such statements for many reasons such as: changes in management, changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments, equipment availability or failure, availability of qualified personnel to conduct work programs, and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except where required by applicable securities laws.
Neither 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.
President and CEO