Roxgold (TSE:ROXG) is a gold mining company with its key asset, the high grade Yaramoko Gold Mine, located on the Houndé greenstone belt in Burkina Faso, West Africa. The Company declared commercial production on October 1, 2016.
The 55 Zone mine is currently in production and is expected to produce 120,000 to 130,000 ounces of gold in 2018.
Bagassi South, the Company’s first growth project is currently in development with first ore expected in the fourth quarter of 2018. The Feasibility Study outlines an after-tax IRR of 53.2% with a 1.8 year payback on initial capital, based on a gold price of $1,300 per ounce.
Roxgold trades on the Toronto Stock Exchange under the ticker symbol ROXG and as ROGFF on the OTC.
Roxgold Inc (TSE:ROXG) will be presenting their mining projects to prospective investors at the International Mining and Resources Conference. Claim your complimentary investor pass now.