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Last C$0.75 CAD
Change Today +0.05 / 7.14%
Volume 435.3K
ROG On Other Exchanges
As of 3:59 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

roxgold inc (ROG) Snapshot

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07/30/14 - C$0.93
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10/31/14 - C$0.39
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roxgold inc (ROG) Details

Roxgold Inc. operates as a gold exploration and development company. Its principal asset is the 100% owned Yaramoko gold project that covers an area of approximately 196 square kilometers located in the Houndé greenstone region of Burkina Faso, West Africa. The company is headquartered in Toronto, Canada.

roxgold inc (ROG) Top Compensated Officers

Chief Executive Officer, President, Non Indep...
Total Annual Compensation: C$300.0K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$210.0K
Chief Operating Officer
Total Annual Compensation: C$288.8K
Vice President of Exploration
Total Annual Compensation: C$182.0K
Compensation as of Fiscal Year 2014.

roxgold inc (ROG) Key Developments

Roxgold Inc. Announces Additional Results from its Development Infill Drilling on the 55 Zone

Roxgold Inc. announced the latest results from development infill drilling program at the 55 Zone, as well as further results from its Bagassi South regional exploration target. 55 Zone Infill Drilling Highlights: 200.7 grams per tonne ("gpt") gold over 5.9 metres (4.8 metres estimated true width) including 460.0 gpt gold over 2.5 metres (2.0 metres estimated true width) in diamond drill hole YRM-15-DD-316; 135.3 gpt gold over 5.7 metres  (4.8 metres estimated true width) including 290.6 gpt gold over 2.6 metres (2.2 metres estimated true width) in diamond drill hole YRM-15-DD-313; 123.0 gpt gold over 4.2 metres (3.1 metres estimated true width) including 324.0 gpt gold over 2.0 metres (1.5 metres estimated true width)  in diamond drill hole YRM-15-DD-307; 48.3 gpt gold over 6.9 metres (6.0 metres estimated true width) including 248.0 gpt over 0.9 metres (0.8 metres true width) and including 66.0 gpt over 0.9 metres (0.8 metres estimated true width) in diamond drill hole YRM-15-DD-314; and 30.0 gpt gold over 9.2 metres (7.5 metres true width) including 116.7 gpt over 2.0 metres (1.6 metres true width) in diamond drill hole YRM-15-DD-323.BAGASSI SOUTH DRILLING HIGHLIGHTS: 8.9 gpt gold over 9.4 metres including 36.1 gpt over 1.2 metres in diamond drill hole YRM-15-DD-BGS-087. 55 Zone Program Summary: The 21 holes released are a part of the company's continuing infill drilling program at the 55 Zone, which commenced in First Quarter 2015. The program consists of a planned 67 holes for a total of approximately 6,000 metres of diamond drilling, to depths of up to 90 metres.  Roxgold has so far completed 50 holes in the program for approximately 5,600 metres drilled.  The program is estimated to continue through to June 2015. These results, incorporated with the results for the six previously released holes (See company disclosure April 14, 2015), represent infill drilling over approximately 300 metres of the strike along the 55 Zone. The continuity and the high grade nature of the results overall continues to support the feasibility resource model with intersections in core being largely consistent with the company's expectations. In places, the additional resolution from the tighter spaced drilling around the edges of the high grade domain will allow improved definition of this domain and could lead to potential improvements in the model. Drilling at the 55 Zone is designed to increase drill density in the first year's production areas from 25 metres to 12.5 metre centres. Upgrading the drill density in these key early areas will allow for optimization of the mine plan and provide additional information for advanced design and short term planning for the first year's production.

Roxgold Inc. Reports Earnings Results for the Three Months Ended March 31, 2015

Roxgold Inc. reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported operating loss for the period of $1,376,000 against $1,465,000 a year ago. Net income for the period was $1,506,000 against $1,271,000 a year ago. Basic and diluted loss per share was $0.01 against $0.01 a year ago.

Roxgold Inc. Announces Production Results At Bagassi South

Roxgold Inc. announced the results from its regional exploration drilling program on the QV1 target at Bagassi South, located approximately 1.8 kilometres south of the 55 Zone, as well as initial results from drilling at the 109 Zone target. Bagassi south program summary: The results are from the first six holes of a ten hole, 2,400 metre program designed with the purpose of extending the strike length of the QV1 structure at Bagassi South to the south east of the high grade mineralization previously encountered in the QV Prime target. Diamond drill holes 078 to 085 extend the known limits of mineralization by approximately 200 metres along strike. The width of mineralization intersected in these holes is wider than have been typically seen at the QV1 structure. In previous drilling at the QV1 target, gold has been intersected in a discreet vein while in this current round of drilling, gold mineralization has been intersected in a broader brecciated structure. This structure, located below a shallowly dipping and plunging mafic volcanic unit, has been intersected a further 30 metres to the south east where the structure intersects a dyke. Hole 084 is approximately 50 metres down dip of hole 083, while holes 085 and 086 are drilled approximately 50 metres along strike to the south east of hole 083 and are approximately 50 metres apart on section. Hole 087 is approximately 30 meters further to the south east of holes 085 and 086. Results for holes 086 and 087 are pending. Diamond hole 082 targeted the QV Prime structure in the hanging wall and intersected veining and shearing with anomalous mineralization approximately 60 metres along strike from hole 056 which intersected 39.6 gpt gold over 4.5 metres. 109 ZONE: At the 109 Zone, 1.1 kilometres to the north of the 55 Zone and the most active artisanal site on the permit, the company has completed two drill holes totaling 155 metres of diamond drilling to follow up on prospective grab samples taken from the workings of up to 15.6 grams per tonne. The holes intersected the target north-north west trending shear zone with abundant alteration, quartz veining and pyrite mineralization. Anomalous gold grades were returned within this alteration and shearing and follow up work is planned for later in the year.


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