ROS.V · 2023-01-10 12:00:00

Roscan Gold Intersects 3.43 gpt Gold over 23m in Mankouke Central and 1.55 gpt Gold over 31 Meters in Mankouke South Gold Mineralization Continuity Confirmed Between MS1 and MS3

Drill Results

Roscan Gold Intersects 3.43 gpt Gold over

23m in Mankouke Central and 1.55 gpt Gold

over 31 Meters in Mankouke South Gold

Mineralization Continuity Confirmed Between

MS1 and MS3

Toronto, Ontario--(Newsfile Corp. - January 10, 2023) -

Roscan Gold Corporation

(TSXV: ROS)

(FSE: 2OJ) (OTCQB: RCGCF)

("Roscan" or the "Company")

is pleased to announce positive

drilling results (Figures 1 and 4) from an additional program consisting of 41 Reverse Circulation ("RC"),

14 Air Core (AC) and 2 Diamond Drilling ("DD") holes totaling 6,153 meters (m) at our Southern

Mankouke Zone.

The results confirm additional mineralization and the continuity of mineralization between the main

mineral resources of MS1 and its satellite at MS3. In addition, significant mineralization near the surface

and in the fresh rock at depth, allows for a southern pit shell extension with the capturing of these

potential additional ounces.

Drilling Highlights:

Mankouke South

1.1

gpt gold over

29m

from drill hole

RCMan22-0094

from 8m

including

5.15

gpt gold over 1m from 32 m

and

1.55

gpt gold over 31m from 103m

including

5.36

gpt over 4m from 107m

1.07

gpt gold over

29m

from drill hole

DDMan22-140

from 0m

including

3.8

gpt gold over 3m from 0m

1.39

gpt gold over

16m

from drill hole

DDMan22-139

from 80m

and

1.64

gpt gold over 10m from 328.5m

1.27

gpt gold over

15m

from drill hole

RCMan22-0089

from 69m

ncluding

4.87 gpt

gold over 2m from 72m

1.23

gpt gold over

from drill hole

RCMan22-0091

from 10m

and

1.94

gpt

gold over 4m from 115m

including

4.05 gpt

over 1m from 118m

1.42

gpt over

from drill hole

RCMan22-0085

from 163m

Including

5.03 gpt

gold over 1m from 167m

1.02

gpt gold over

from drill hole

RCMan22-0090

from 155m

1.13

gpt gold over

from drill hole

RCMan22-0082

from 138m

including

4.41

gpt gold over 1m from 142m

and

1.82

gpt gold over 6m from 160m

including 4.08 gpt gold over 2m from 160m

Mankouke Central

3.43

gpt gold over

23m

from drill hole

RCMan22-0107

Including 5.19 gpt gold over 13m from 7m

1.76

gpt gold over

from drill hole

RCMan22-0108

from 33m

1.4

gpt gold over

10m

from drill hole

ACMan21-1253

from 0m

1.46

gpt gold over

from drill hole

RCMan22-0104

from 0m

1.11

gpt gold over

10m

from drill hole

ACMan21-1255

from 22m

Notes: 1: True width yet to be determined, 2: Table 1 - Assay Highlights, 3: 0.5gpt used as cut-off with

4m internal dilution for drill holes, and 4: No top-cut.

Nana Sangmuah, President and CEO, stated,

"These additional infill drill results and step out drill

results point to further growth in our resource footprint declared in our maiden Mineral Resource

Estimate (MRE). We are encouraged by the continuity and high-grade mineralization

at our flagship

Mankouke South target, which should be the core for establishing an economic stand-alone project at

Kandiole. The

~ 30Mt of the resource estimation established so far at

Kandiole, indicates that this

project is on track to be a potential low strip high-margin oxide operation with potential for significant

sulphide feed at depth, which should bolster project economics".

Mankouke South (MS1-MS3)

The last drilling campaign at Mankouke South confirmed a strike length of gold mineralization of 1.1 km,

with 150m in

the thickest portion, and with 360m vertical depth. The gold mineralized body of Mankouke

South represents 66% of the total resource estimates of the Kandiole project with an average gold grade

of 1.6g/t at 0.5 g/t cut-off

(June 8, 2022, Press Release)

within a pit of 315m for the deepest part and

with an average strip ratio of 2.7:1.

These gold intercepts add to the upside potential of current mineral resources within applied $1,500

USD pit shell design

(June 8, 2022, Press Release),

as well as in the MS1-MS3 connection in the

Southern part. The next drilling program goal will be the development of these gold extensions to include

them into the next resource estimation update.

The gold results, along with the felsic intrusive occurrence carrying the mineralization, support the thesis

of continuity of the model at depth, bringing together MS1 and MS3 into one mineralized body, which

remains open. The gold is also associated with a brittle structure, yielding a strongly altered brecciation

visible, for example in the DDMan22-139.

The North-West fence exploration indicates a possible extension of gold mineralization in the NW

direction at MS3.

The structural and airborne geophysics interpretations, in addition to the

extrapolation of the Siribaya

mineralized parallel zones (Zone A and B) in the southern permit, suggest a possible gold mineralization

duplication in the unexplored zone at East of MS1. Several reconnaissance holes are planned.

Mankouke Central

The Mankouke Center gold mineralization, located 4km North from Mankouke South, occurs as the thick

gold enrichment at the surface (35m width) and a possible continuity of the mineralization root of this to

the East.

At Mankouke Central the gold mineralization strike length reached 420m. The root is pinching around 90

m vertical depth. The mineralization could pinch, as in Mankouke South, in the base of the clastic

sediment package, and resumes at depth, around the felsic intrusion, where the fractured to the

brecciated zone is mineralized.

Figure 1: Plan View of the Mankouke South Drilling (MS1, MS2 and MS3)