Roscan Gold : Continues to Expand and Upgrade the Kandiole North Discovery with a 2,000m Strike Length and 92m Depth that Remains Open. Intersects 4.13gpt over 10m and 5.43gpt over 7m.

Roscan Gold Corporation

161 Bay Street, Suite 2700

Toronto∙ ON ∙ M5J 2S1 ∙ Canada

NEWS RELEASE

Roscan Gold Continues to Expand and Upgrade the Kandiole North Discovery with a

2,000m Strike Length and 92m Depth that Remains Open.

Intersects 4.13gpt over 10m and 5.43gpt over 7m.

Toronto, Ontario. - March 11, 2021 - Roscan Gold Corporation ("Roscan" or the "Company") (TSX-V: ROS; FSE:2OJ; OTC:RCGCF) is pleased to announce the positive drill results at the Kandiole North discovery where the mineralized zone is expanding in size. (Figure 1 and Figure 2). We continue to increase depth extension and strike length at Kandiole North with high grade intercepts and the mineralized zones remain open. We have extended gold mineralization down to 92m depth at Kandiole North (Figure 3 and Figure 4).

The Kandiole North (KN1) gold mineralization trend appears to extend for 8km to Moussala (MO1) (Figures 1 & 2) and Kandiole North (KN2) gold mineralization trend appears to extend for 6km to Kabaya (Figures 1 & 2). Drilling at Kabaya is ongoing with the aim to connect these targets and expand its current dimensions. Both Kabaya, Kandiole North and Moussala remains open along strike and depth.

The mineralized corridor trends N020 with steep easterly dips but within the corridor, there are E-W domains with steep north dipping quartz veins that carry the best gold grades (Figure 6). On the section (Figure 3), the mineralization appears to dip 45° NE but if these intersections correspond to E-W domains (Figure 7), then true widths are in the order of 20m and 10m for the two zones interpreted and dips are about 65°N.

Drilling Highlights:

KANDIOLE NORTH - DD AND RC Holes

• 6.67 gpt gold over 4m from drill hole RCKAN21-010 from 116m (End of hole)
• • Including 21.9 gpt gold over 1m from 117m
• 5.43 gpt gold over 7m from drill hole RCKAN21-003 from 69m
• • Including 21.9 gpt gold over 1m from 73m
• 4.13 gpt gold over 10m from drill hole RCKAN21-002 from 90m
• • Including 25.8 gpt gold over 1m from 92m

• 1. And 3.13 gpt gold over 7m from drill hole RCKAN21-002 from 50m
  2. • Including 12.0 gpt gold over 1m from 52 m
• 2.60 gpt gold over 9m from drill hole RCKAN21-011 from 27m
• 1. And 1.91 gpt gold over 11m from drill hole RCKAN21-011 from 65m
  2. • Including 10.0 gpt gold over 1m from 72m

Roscan Gold Corporation News Release March 11, 2021

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KANDIOLE NORTH (KN1) AC

• 9.30 gpt gold over 4m from drill hole ACKAN20-1223 from 14m
• • Including 18.0 gpt gold over 2m from 16m
• 4.28 gpt gold over 6m from drill hole ACKAN20-1233 from 8m
• 3.37 gpt gold over 8m from drill hole ACKAN20-842 from 30m
• • Including 15.7 gpt gold over 1m from 31m

KANDIOLE NORTH (KN4) - AC Holes

• 4.91 gpt gold over 4m from drill hole ACKAN20-1380 from 10m (End of hole)

KANDIOLE NORTH (Regional)

• 9.79 gpt gold over 2m from drill hole ACKAN20-1105 from 10m

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

2m internal dilution, 4: No top-cut.

Nana Sangmuah, President and CEO, stated, " Kandiole North has been returning some great results and shaping up to be a key deposit for resource definition with 2km strike length and 92m depth and remains open for further expansion along strike and at depth. Numerous holes ended in mineralization clearly showing the potential at depth. We are confident that this resource will play a crucial role in adding significant value to our company building on top of our flagship discoveries of Mankouke South and Kabaya.

The continued drilling success on our numerous regional targets is proving the potential to add ounces from multiple targets on our large land package. We are also seeing encouraging results from our other regional discoveries made in late 2020 including Walia and Moussala North and we look forward to providing updates on those in the near future as more assays become available.

The potential for numerous mineralized corridors on the property over long strike lengths is being further validated by our recent regional exploration success and step out drilling outside of Mankouke South with hole 89 released earlier this week, we are looking forward to sharing the full results of our extensive geophysics survey in the coming weeks which will further show the clear regional potential for a multi million oz mining camp at Kandiole.

Roscan Gold Corporation News Release March 11, 2021

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Figure 1: Plan View of the Regional Targets

Roscan Gold Corporation News Release March 11, 2021

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Figure 2: Plan View of the Major Trends on our Regional Targets

Roscan Gold Corporation News Release March 11, 2021

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Figure 2a: Plan View showing high grades at Kandiole North with Strike Length 2km

Roscan Gold Corporation News Release March 11, 2021