GOLD: Roxgold declares commercial production at Yaramoko mine

BURKINA FASO – Roxgold, a Canadian company headquartered in Toronto, has declared commercial production at its Yaramoko gold mine in this west […]

Topics

Commodities

Regions

Tags

Companies

BURKINA FASO – Roxgold, a Canadian company headquartered in Toronto, has declared commercial production at its Yaramoko gold mine in this west African country. Gold production totaled 32,987 oz in Q3 2016. Yaramoko is a high grade, low cost underground mine with an indicated resource grade of 15.80 g/t Au. At a gold price of US$1,200 per ounce, the all-in sustaining cost will be US$590 over the life of the project. The deposit remains open down plunge and along strike, and a high grade satellite  resource has been identified 1.8 km to the south. The property was estimated to contain proven and probable reserves of 2.0 million tonnes averaging 11.83 g/t Au included in measured and indicated resources of 1.6 million tonnes grading 15.80 g/t. There is also an inferred resource of 830,000 tonnes at 10.26 g/t Au. (Editor’s note: The foregoing numbers were found in the 43-101 technical report dated June 4, 2014, posted on Roxgold’s website.) Readers can enjoy the Yaramoko photo gallery at www.Roxgold.com.

Comments

Your email address will not be published. Required fields are marked *

Apr 08 2024 - Apr 09 2024
Apr 15 2024 - Apr 16 2024
Apr 16 2024 - Apr 16 2024
Apr 17 2024 - Apr 18 2024