"Flag of Burkina Faso." Licensed under public domain via Wikimedia Commons.
Investors who have kept an eye on the gold space this past summer are likely well aware of Roxgold (TSXV:ROG), an exploration and development company whose flagship Yaramoko gold project is located in Burkina Faso's Hounde greenstone belt. In just the past few months, the company has executed a $75-million project finance mandate with Credit Suisse (NYSE:CS) and Societe Generale Corporate & Investment Banking, announced the approval of the Environmental and Social Impact Assessment (ESIA) for Yaramoko and, most recently, released the results of a regional exploration program. To get a better sense of Yaramoko's potential, Gold Investing News (GIN) sat down with John Dorward, the company's president, CEO and director, and Ben Pullinger, vice president of exploration. Here's what they had to say. GIN: Can you start by giving me a quick overview of what Roxgold is all about?JD: In a nutshell, we're focused on the development of the Yaramoko gold project, specifically the 55 Zone. The interesting thing about the project is that it's very high grade in nature. We have a combined total resource of over 1.1 million ounces now, and the indicated portion, which forms the basis of our mine plan, is just over 800,000 ounces at 15.8 grams per tonne. We published a feasibility study for the 55 Zone in April after completing a preliminary economic assessment in September 2013, and we think it highlights that the project is very strong. It's quite small in terms of its physical size, but when you've got the grades that we have you don't need to move a lot of rock to produce a reasonable amount of gold. The mine plan averages 100,000 ounces per annum on an eight-year mine life, but we think there's plenty of room to grow.