Roxgold Inc. announced an updated on drilling results from the Company's Séguéla gold project ("Séguéla") located in Côte d'Ivoire. Séguéla Project: Exploration activities have continued to progress with the objective of delineating additional mineral resources within close proximity to Antenna. The current targets, including Agouti, Boulder and Ancien, are within 10 kilometres of the Antenna deposit. Séguéla Satellite ProspectsAncien: At Ancien, approximately 7 kilometres south-east of Antenna, 18 RC/DD drill holes were completed in December, following up 10 successful reconnaissance RC drill holes drilled in November 2019 (refer previous release 2 December 2019, whichincluded the headline hole of 23m at 19.73 g/t from SGRC329). Results from 17 of these holes have been received to date, infilling and extending a well-defined and broad zone of high grade mineralization an additional 60m down plunge to more than 220m where it remains open. Further step-out drilling with two rigs will continue through the quarter, while preparations are underway for the maiden Inferred resource in First Quarter 2020. Highlights include: 42 metres ("m") at 16.97 grams per tonne gold ("g/t Au") in drill hole SGRD456 from 133m including 7m at 32.21 g/t Au from 133m and 8m at 48.47 g/t Au from 145m;5m at 11.61 g/t Au in drill hole SGRD464 from 101m and 10m at 19.70 g/t Au in drill hole SGRC464 from 111m. 6m at 27.56 g/t Au in drill hole SGRD466 from 73m; 23m at 7.79 g/t Au in drill hole SGRD462 from 20m; 16m at 6.52 g/t Au in drill hole SGRD463 from 27m;8m at 9.89 g/t Au in drill hole SGRC451 from 141m; 9m at 8.58 g/t Au in drill hole SGRC460 from 69m; 10m at 7.15 g/t Au in drill hole SGRC453 from 159m; 9m at 5.61 g/t Au in drill hole SGRD467 from 53m, and 12m at 2.13 g/t Au in drill hole SGRC452 from 85m and 6m at 4.06 g/t Au in drill hole SGRC452 from 102m. High grade gold is associated with zones of intense quartz veining and minor sulphides (pyrite-pyrrhotite) within a 30-50m wide envelope of strongly sheared basalt. High grade gold mineralisation remains open down plunge. Additionally, theAncien host structure can be traced in regional aeromagnetics for several kilometres to the north and south of Ancien where, despite encouraging historic regional soil geochemistry, very limited drilling was carried out and presents acompelling target with excellent potential for further high-grade gold discoveries. Based on regional aeromagnetics an apparent post-mineralization fault looks to have truncated the immediate northern extension to the mineralization. Thiswill form an additional high priority exploration target in first half 2020. Boulder Initial geological modelling of the November 2019 data highlighted several areas for further growth with additional drilling in December 2019 delineating and extending several higher grade zones in the Boulder prospect. These results will be included in the maiden Inferred mineral resource estimate due in first quarter 2020. Highlights from the most recent drilling at Boulder include: 3m at 35.41 g/t Au from 50m in SGRC410; 8m at 7.18 g/t Au from 108m in SGRC394; 22m at 2.56 g/t Au from 40m SGRC406; 10m at 3.67 g/t Au from 4m in SGRC411; 5m at 7.16 g/t Au from 126m in SGRC412; 6m at 5.74 g/t Au from 22m in SGRC409; 11m at 2.96 g/t Au from 104m in SGRC413; and 8m at 3.39 g/t Au from 58m in SGRC415. Quality Assurance/Quality Control: Séguéla All drilling data completed by Roxgold utilized the following procedures and methodologies. All drilling was carried outunder the supervision of Roxgold personnel. RC drilling used a 5.25 inch face sampling pneumatic hammer with samples collected into 60 litre plastic bags. Samples were kept dry by maintaining enough air pressure to exclude groundwater inflow. If water ingress exceeded the air pressure, RC drilling was stopped, and drilling converted to diamond core tails. Aircore ("AC") drilling was collected in one metre intervals and sampled in a similar fashion to RC methods. Once collected, RC and AC samples were riffle split through a three-tier splitter to yield a 12.5% representative sample for submission to the analytical laboratory. The residual 87.5% sample were stored at the drill site until assay results were received and validated. Coarse reject samples for all mineralized samples corresponding to significant intervals are retained and stored on-site at the Company controlled core yard.DD drill holes were drilled with HQ sized diamond drill bits. The core was logged, marked up for sampling using standard lengths of one metre. Samples were then cut into equal halves using a diamond saw. One half of the core was left in the original core box and stored in a secure location at the Company core yard at Séguéla. The other half was sampled, catalogued and placed into sealed bags and securely stored at the site until shipment. All RC, AC and DD core samples were shipped to ALS Laboratories preparation laboratory in Yamassoukro for preparation. Samples were dried and crushed by the Lab and a 250-gram split prepared from the coarse crushed material, prior to pulverization and preparation of a 200g sample. Samples are then shipped via commercial courier to ALS's analytical facility in Kumasi, Ghana where routine gold analysis using a 50-gram charge and fire assay with an atomic absorption finish was completed. Quality control procedures included the systematic insertion of blanks, duplicates and sample standards into the sample stream. In addition, the Lab inserted its own quality control samples.