Exploration - West Africa - RosCan on the acquisition path

Canadian company RosCan Minerals is assembling a sizeable contiguous land package in the Birimian rocks of western Mali. The company is also exploring for gold at the Dormaa Project in Ghana. According to Greg Isenor, CEO of RosCan, the company has entered into a letter of intent with Touba Mining to acquire a 100% interest in the 56km² Kandiole-North permit in Mali at a cost of about USD64 000.

Location: Mali
Resource: Gold

Furthermore, Isenor says that the exploration company is also in negotiations to acquire additional properties in Mali and anticipates completing such transactions in the coming months.

“We are continuing with our strategy to acquire high-potential permits in an area of multimillion-ounce gold producers and existing deposits of west Mali. The objective is to assemble a substantial land package,” says Isenor.


Click below to read the March/April 2018 issue of African Mining



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