Feb 2 2015
Roxgold Inc. ("Roxgold" or "the Company") is pleased to announce that it has received its final permitting approval for the Yaramoko Gold Project from the government of Burkina Faso.
The issuance of the Exploitation (Mining) Permit, which was previously approved by Burkina Faso's Council of Ministers, has now been finalized through the endorsement of the Mining Decree by the President of Burkina Faso, and other governmental authorities. The Mining Decree formally grants the Company rights to develop and operate the Yaramoko Gold Project.
"We are delighted to announce the formal conclusion of our permitting process, and to move our focus to the development of the Yaramoko Gold Project, one of the highest grade undeveloped deposits in the world," said John Dorward, President and CEO. "We thank the government of Burkina Faso for its demonstrated support, and look forward to a lasting and mutually beneficial partnership."
The Company expects to commence initial site works in the coming weeks and looks forward to providing further updates as development progresses.
About Roxgold
Roxgold is a gold exploration and development company with its key asset, the high grade Yaramoko Gold Project, located in the Houndé greenstone region of Burkina Faso, West Africa. The Company is currently advancing Yaramoko's 55 Zone and subject to making a positive construction decision expects to commence development in Q1 2015. Roxgold trades on the TSX Venture Exchange under the symbol ROG.