Saprolite

DGAP-News: Roscan Gold Enters into Binding LOI to Make Strategic Acquisition of Adjoining Dabia Sud Property from Komet Resources

Retrieved on: 
Monday, May 11, 2020
Geology, Physical sciences, Heap leaching, Saprolite, Planetary science

The Company is in an excellent financial position to capitalize on this opportunity and unlock value with increased financial flexibility.

Key Points: 
  • The Company is in an excellent financial position to capitalize on this opportunity and unlock value with increased financial flexibility.
  • To view an enhanced version of this graphic, please visit:
    Based on the binding LOI, the terms of the transaction are as follow:
    Cdn $1,600,000 cash payment to Komet;
    Cdn $1,600,000 in Roscan shares.
  • This provides an opportunity for Roscan to achieve new discoveries and delineate new resources in the Dabia Project.
  • The Dabia Sub Property Contains 3 main areas of focus:
    The historical estimate is based on optimized pit shells using a gold price of US$1,350 and a presumed heap leach gold recovery of saprolite material.

Endeavour Announces a 1Moz Increase in Indicated Resources at Houndé

Retrieved on: 
Monday, November 25, 2019
Geology, Physical sciences, Earth, Soil science, Economic geology, Weathering, Mineral economics, Pedology, Mineral resource estimation, Saprolite, Mineralization, Bedrock

The weathered bedrock and saprolite thickness vary between 25 meters and 75 meters with thicker zones noted to the south.

Key Points: 
  • The weathered bedrock and saprolite thickness vary between 25 meters and 75 meters with thicker zones noted to the south.
  • Follow up RC and DD drill programs in 2018 confirmed mineralized trends and significantly extended the continuity towards the southwest.
  • The whole area covers almost 4km and is composed of two main areas, Kari Center Main and Kari Center South.
  • The mineralization was classified as Indicated and Inferred Mineral Resources depending on the sample spacing, number samples, confidence in mineralized zone continuity and geostatistical analysis.