Roscan Expands Gold Mineralization at Kabaya Drilling highlights include 1.62 gpt gold over 24m and 2.27 gpt gold over 7m

TORONTO, ON / ACCESSWIRE / May 30, 2023 / Roscan Gold Corporation ("Roscan" or the "Company") (TSXV:ROS)(FSE:2OJ)(OTCQB:RCGCF) is pleased to announce additional exploration results from 12 Reverse Circulation ("RC") holes totaling 1,963 meters at Kabaya (KB3).

These step-out RC holes have expanded the strike length of mineralization at KB3 to 600 meters from 300m (Figure 1), with a width of 100 meters. It remains open at depth and laterally with a plunging angle of approximately 10° towards south. Additionally, these results indicate an increase in mineralization of about 70 meters below the existing 1,500-dollar pit shell. To fully capture the potential of the KB3 extensions of the gold mineralization, further infill and deeper drilling is required to enhance the resource estimation.

The cumulative gold strike length at KB1-KB2 and KB3 currently spans 1,800 meters, with a width ranging from 150 meters (KB1-2) to 100 meters (KB3). The mineralization extends to a depth of 150 meters to 250 meters at KB2.

A 500-meter gap exists between KB3 and KB1-2, and the primary gold mineralization in this area has not been thoroughly explored or tested to its full extent.

Drilling Highlights: KB3 Reverse Circulation Drill Holes

• 1.62 gpt gold over 24 m from drill hole RCDBS22-0134b from 26m
  • Including 3.36 gpt gold over 5m from 28m
• 2.27 gpt gold over 7m from drill hole RCDBS22-0136 from 27m
  • Including 7.12 gpt gold over 1m from 32m
• And 1.47 got gold over 15m from 160m.
  • Including 3.96 gpt gold over 1m from 161m
  • Including 3.18 gpt gold over 1m from 169m
• 1.13 gpt gold over 7m from drill hole RCDBS23- 0146 from 133m
• 31.37 gpt gold over 1m from drill hole RCDBS23-0147 from 137m

Notes: 1: True width yet to be determined; 2: Table 1 - Assay Highlights, 3: 0.5gpt used as cut-off with 2m internal dilution, 4: No top-cut.

Nana Sangmuah, President and CEO, stated, "As part of our 2023 work program, we have completed approximately 17,000 meters of drilling in the main resource areas, as well as tested new targets outside the current resource footprint. These results should be available in the coming weeks.

Drilling at Kabaya continues to expand the footprint of the gold mineralization, which bodes well for further resource growth. The positive results obtained beneath the existing K3 pit shell, within the fresh rock, are particularly encouraging as they suggest the presence of a larger mineralized system. This development strengthens our confidence in the untapped potential of the area."