Roxgold Drill Program Underway, Results Starting to Come In

April 3, 2012

Roxgold (OTC Other: ROGFF; TSX-V: ROG) resumed drilling at its Yaramoko property in Burkina Faso in mid-January 2012, since which time the Company has completed 49 holes with an additional 3 holes in progress.  From these holes, 6,605 core samples were submitted to the assay facility in Burkina Faso for processing.  To date, complete results have been received for only 2 holes and their significant gold intercepts are set out below.

  • YRM-12-DDH-070 reported 9.96 g/t gold from 85.0 m to 87.4 m (1.92 m estimated true width)
  • YRM-12-DDH-074 reported 7.58 g/t gold from 90.5 m to 93.6 m (2.48 m estimated true width)

Discussions with the local assay lab have indicated a large backlog of samples at that facility and no assurance of timely delivery of additional results. As a result, Roxgold has removed 530 selected samples from this facility and with those on hand has begun the process to ship the 636 samples by air to TSL Laboratories in Saskatoon, Saskatchewan. This process was employed by the Company during Phase 1 of its drilling campaign last year to avoid the excessive delays associated with assaying in Burkina Faso and results were generally received within 3-4 weeks of the date of shipping.

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Roxgold Named Top Overall Performer of TSX Venture 50 for 2012

February 20, 2012

Roxgold Inc. (TSX-V: ROG; OTC Other: ROGFF) was recently named the top overall performing company on the TSX Venture Exchange Inc. in their listing of the TSX Venture 50® for 2012. The TSX Venture 50® are the top 10 companies listed on the TSX Venture Exchange, in each of five major industry sectors – mining, oil & gas, technology & life sciences, diversified industries, and clean technology based on a ranking formula with equal weighting given to return on investment, market cap growth, trading volume and analyst coverage. All data was as of December 31, 2011.

The recognition of Roxgold as a TSX Venture 50® company for 2012 complements the Company’s earlier achievement of being named to the S&P/TSX Venture 30 Index on February 10, 2012. The S&P/TSX Venture 30 Index, which is calculated and managed by Standard & Poor’s is designed to measure the performance of 30 of the largest and most liquid securities in the S&P/TSX Venture Composite Index.

To learn more about Roxgold, Inc. go to the Company’s Babybulls.com profile at: http://www.babybulls.com/clients/Roxgold.html

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