Upcoming B2B Gems & Jewellery Exhibition- 19th - 20th - 21st January 2019. Bangalore.

Yaramoko shipped 3564 oz Gold

2016-06-13


Recently Roxgold reported for Yaramoko Gold Mine located in Burkina Faso."Since the start-up of the Yaramoko gold mine, 9,594 ounces of gold have been recovered to inventory, of which 3,564 ounces have been shipped.

The processing plant has operated at an average of 759 tonnes per day, which is above its nameplate rate of 750 tpd." commented John Dorward, Roxgold's President and CEO. "The ramp up has occurred without any major issues and commercial production is expected in the third quarter."

The eastern ventilation shaft has been completed with the fan installed and operational. The second ventilation shaft is nearing completion.Underground development continues to advance well and remains ahead of plan. The ramp has advanced 806 metres from the portal in the East and West declines with workings opened up on four levels, which has enabled development on ore.

Following the maiden resource at Bagassi South, the Company intends to complete a study on the deposit in the fourth quarter of 2016.The Company also intends to complete an updated mine plan for the 55 Zone, prior to the end of the year, based on additional resource drilling currently underway.Roxgold is confident commercial production at Yaramoko will be achieved before the end of the third quarter.

Recently Roxgold reported for Yaramoko Gold Mine located in Burkina Faso."Since the start-up of the Yaramoko gold mine, 9,594 ounces of gold have been recovered to inventory, of which 3,564 ounces have been shipped.

The processing plant has operated at an average of 759 tonnes per day, which is above its nameplate rate of 750 tpd." commented John Dorward, Roxgold's President and CEO. "The ramp up has occurred without any major issues and commercial production is expected in the third quarter."

The eastern ventilation shaft has been completed with the fan installed and operational. The second ventilation shaft is nearing completion.Underground development continues to advance well and remains ahead of plan. The ramp has advanced 806 metres from the portal in the East and West declines with workings opened up on four levels, which has enabled development on ore.

Following the maiden resource at Bagassi South, the Company intends to complete a study on the deposit in the fourth quarter of 2016.The Company also intends to complete an updated mine plan for the 55 Zone, prior to the end of the year, based on additional resource drilling currently underway.Roxgold is confident commercial production at Yaramoko will be achieved before the end of the third quarter.