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Cora Gold Ltd.
Summary
| Project: | Madina Foulbe | |
|---|---|---|
| Deposit: | Madina Foulbe | |
| Location: | Senegal | |
| Commodities: | Gold | |
| Date: | 5/7/2020 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-5-2020: Cora Gold Ltd. announces an Exploration/Drilling Update report for its Madina Foulbe deposit at the Madina Foulbe project. Drilling results incl. 47m @ 0.63g/t Au from 27m. The Company holds three permits encompassing 317 sq km within the Diango | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Johnathan Forster (Internal) | |
| ABSTRACT: | The Company holds three permits encompassing 317 sq km within the Diangounte Project Area in western Mali / eastern Senegal, within the Kedougou-Kenieba Inlier (also known as the "Kenieba Window"), which historically has seen over 50 million ounces of gold discovered. The Madina Foulbé Permit in eastern Senegal, one of the three permits, encompasses an area of 260 sq km and has been subject to early stage exploraon by its former owners, including regional soil geochemistry and approximately 1,750m of shallow, reconnaissance, Rotary Air Blast ("RAB") drilling using a lightweight drill rig. The results of that work have led Cora to idenfy two priority targets, Tambor and Madina. The Tambor prospect is underlain by an altered granite with intensely developed sheeted quartz veins, over which a large soil geochemical anomaly extends 2,500m by 400m (threshold >50 ppb Au) (see RNS dated 30 March 2018). | |
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