RosCan Minerals Corporation announced that the company continues to make progress in assembling a sizeable contiguous land package in the prolific gold prospective Birimian rocks of west Mali. To establish its initial foothold, RosCan has entered into a Letter of Intent with Touba Mining SAR to acquire a 100% interest in the 56 sq. km. Kandiole-North permit, a very prospective gold exploration property located in an area hosting a number of producing gold mines. In addition, RosCan is currently in negotiations to acquire additional properties in Mali and anticipates completing these transactions in the coming months.