Roxgold Announces New High Grade Discovery at Boussoura, Burkina Faso - Seite 3

Drill highlights include:

• 14 metres (“m”) at 10.5 grams per tonne gold (“g/t Au”) in drill hole BSR-19-RD-GAL-002 from 134m
• 1.21m at 79.7 g/t Au in drill hole BSR-19-RD-GAL-004 from 177.4m
• 9m at 8.2 g/t Au in drill hole BSR-19-RC-GAL-007 from 204m including
  • 1m at 65.8 g/t Au from 204m,

• 2m at 20.8 g/t Au in drill hole BSR-19-RC-GAL-008 from 226m (hole abandoned in mineralization)
• 10m at 8.7 g/t Au in drill hole BSR-19-RC-GAL-011 from 158m including
  • 1m at 81.5 g/t Au from166m
• 3m at 13.7 g/t Au in drill hole BSR-20-RC-GAL-017 from 187m and
  • 1m at 8.1 g/t Au from 215m and
  • 2m at 6.2 g/t Au from 230m, and
• 3m at 15.8 g/t Au in drill hole BSR-20-RC-GAL-021 from 175m

Mineralization remains open along strike and at depth, with drilling continuing to infill and extend the strike extent where artisanal workings are indicative of further high grade extensions.

Figure 2. Galgouli long section view showing approximate extent of artisanal workings and projected mineralization

Figure 3. Galgouli drill plan view showing extent of artisanal workings and projected mineralization

Fofora

At Fofora, 13 RC and DD holes have intersected high grade mineralization along a 500m zone of artisanal workings (Figures 4 and 5), which remains open at depth and along strike. Mineralization is associated with several quartz-chlorite-carbonate-pyrite veins hosted by sheared and altered porphyritic andesites, commonly with coarse gold (1-3mm) associated with vein margins and selvedges, with broad (up to 40m) alteration zones hosting low grade (<1.5g/t) halos. Drilling is continuing, testing for depth and strike extents to the currently defined mineralization.

Drill highlights include:

• 10.7m at 18.1 g/t Au in drill hole BSR-19-DD-FFR-001 from 77.4m, including
  • 0.86m at 98.1 g/t Au from 81.2m and
  • 2m at 47.1 g/t Au from 84.9m
• 25.58m at 2.5 g/t Au in drill hole BSR-19-RD-FFR-003 from 62m
• 12.0m at 2.0 g/t Au in drill hole BSR-19-DD-FFR-005 from 14.7m
• 1.7m at 24.7 g/t Au in drill hole BSR-19-DD-FFR-006 from 117.1m and
  • 4.1m at 2.9 g/t Au from 149.3m and
  • 2.6m at 3.9 g/t Au from 159.4m
• 5.8m at 11.1 g/t Au in drill hole BSR-20-DD-FFR-013 from 69.7m, including
  • 0.43m at 78 g/t Au from 70.4m, and
  • 0.37m at 76.7g/t Au from 73.8m

Historic reconnaissance RC drilling by Volta Exploration prior to 2012 initially confirmed high grade mineralization at depth, with the recent program designed to validate and extend the limits of the previous work. Fofora is one of several elongate vein sets associated with an extensive 3km x 3km artisanal field which remain untested at depth or along strike, and which will be the focus of ongoing exploration in H1.