Roscan Gold : Further Expands Footprint at Mankouke South Intersects 16.0 gpt gold over 8m and 11.88 gpt gold over 6m at MS3

Roscan Gold Corporation

161 Bay Street, Suite 2700

Toronto∙ ON ∙ M5J 2S1 ∙ Canada

NEWS RELEASE

Roscan Gold Further Expands Footprint at Mankouke South

Intersects 16.0 gpt gold over 8m and 11.88 gpt gold over 6m at MS3

Toronto, Ontario. - January 10, 2022 - Roscan Gold Corporation ("Roscan" or the "Company") (TSX‐V: ROS; FSE:2OJ; OTCQB:RCGCF) is pleased to announce positive results (Figure 1) from an additional 2 Air Core (AC) and 14 Reverse Circulation ("RC") and Diamond Drilling ("DD") holes totaling 2,456 meters (m) at our Southern Mankouke Zone (MS3 targets). MS3 shows potential of a high‐grade extension to the East and South, open at depth and to the North and South.

We have also begun to receive assay results from the 9,000m RC and 2,500m DD drill campaign on the Mankouke South (MS1) and Kandiole resources targets, which was concluded the end of December 2021 with those results pending assays.

These results are in addition to the outstanding pre‐rainy season results, which have identified new anomalous targets coincident with our completed interpretation of the Versatile Time‐domain Electromagnetic System ("VTEM") geophysical survey. Such interpretation points to the expansion of our previously known regional footprint and potential for significant resource growth beyond the current footprint of existing discoveries.

Drilling Highlights:

Mankouke Discovery Zone (MS3)

• 16.01 gpt gold over 8m from drill hole DDMAN21‐118from 54m
• • Including 26.66 gpt gold over 4m from 54m
• 11.88 gpt gold over 6 m from drill hole RCMan21‐0058from 19m
• • Including 48.27 gpt gold over 1m, from 20m
• 8.89 gpt gold over 4m from drill hole RCDDMan21‐123from 175.5m
• 3.29 gpt gold over 10m from drill hole RCMan21‐0056from 18m
• • Including 8.01 gpt gold over 1m from 19m and 11.76 gpt gold over 1m from 24m
• 2.85 gpt gold over 8m from drill hole RCDDMan21‐122from 41m
• • Including 4.5 gpt gold over 5m from 41m
  • 7.61 gpt gold over 2m from 194.4m

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.

Roscan Gold Corporation News Release January 10, 2022

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Nana Sangmuah, President and CEO, stated, "Our flagship discovery, Mankouke South, continues to deliver results that not only confirms continuity of known mineralized areas with consistency of grades and widths, but also adds new extensions of mineralization as outlined by the results at MS3, which indicate a high‐grade extension to the East, open at depth and to the North and South. We will follow up such extensions with additional drilling toward the South to explore the possibility that MS3 might be linked to main MS1.

As we previously reported, Roscan is in discussions with strategic partners for additional investment of up to 19.9% of the Company to fast‐track unlocking the value proposition on the broader land package and fund our 2022 drill campaign. These discussions continue to progress well.

As a result of delays encountered at the assay lab, we are now anticipating our maiden resources to be delivered in the first half of 2022, which will encompass results of the pre‐rainy season campaign in addition to the ongoing drilling campaign, for approximately 21,000 meters. This reinforces our confidence that the Kandiole project is on track to confirm a stand‐alone project status."

Mankouke Discovery Zone (MS3) - Potential High‐Grade Extension to the East and South

At the MS3 Discovery Zone, RCDDMan21‐118 with 16.01 gpt gold over 8m from 54m and RCDDMan21‐ 122 and 123 with 2.85 gpt gold over 8m from 41m and 8.89 gpt gold over 4m from 175.5m indicate the potential for a high‐grade mineralization extension to the East and the South (Figure 2).

The gold mineralization trend is now recognized over 250 meters north to south and over 150 meters vertical depth, ending in fresh rock. Additional follow‐up drilling has been completed and results are pending.

With the continuity of the MS3 extension toward the South, some additional holes are necessary to explore the possibility to link MS1 and MS3.

Roscan Gold Corporation News Release January 10, 2022

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MS3

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

Roscan Gold Corporation News Release January 10, 2022

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Figure 2: Cross Section Depicting Depth Extension with DDMan21‐118 at MS3

Section 1376175

Roscan Gold Corporation News Release January 10, 2022

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Figure 3: Cross Section Depicting East Extension at MS3 - DDMan21‐122 Section 1376400

Geology

The gold mineralization at Mankouke South is located approximately 25km east of the Fekola mine (B2Gold Corp.), but also along a prospective major NE‐SW structural corridor from Siribaya‐Diaka (IAMGOLD Corporation) to Seko (Oklo Resources Limited). Gold mineralization in Mankouke South occurs within hydrothermally altered and sheared metasediments of the Kofi formation which include greywacke, limestone and diamictite but also in the edge of a felsic intrusive cross cutting the sedimentary package.

The Mankouke South mineralization is located within the sheared eastern limb of a fold directly above a footwall unit of finely banded and alternating graphitic shale and limestone referred to as the dirty limestone. The gold mineralization is associated with a strong alteration over several lithologies, mainly albite, silicification, ankerite and chlorite, with the sulfite occurrences (pyrite, arsenopyrite) but also fracturing and quartz veins and veinlets. In MS1, as well as MS3, the gold mineralization is often associated at the felsic intrusion and located in the vicinity of the contact with the clastic meta‐sediment layers (greywacke‐sandstone‐breccia).

Roscan Gold Corporation News Release January 10, 2022