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Cora Gold Ltd.
Summary
| Project: | Sanankoro | |
|---|---|---|
| Deposit: | Sanankoro | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 4/24/2017 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-4-2017: Cora Gold Ltd. announces an Exploration/Drilling Update report for its Sanankoro deposit at the Sanankoro project. Drilling results incl. 1m @ 35.7g/t Au from 56m. Cora Gold Limited, the West African focused gold exploration company, is pleased | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Johnathan Forster (Internal) | |
| ABSTRACT: | Cora Gold Limited, the West African focused gold exploration company, is pleased to provide highly encouraging assay results from the 5,600m aircore (“AC”) and reverse circulation (“RC”) Stage 2 reconnaissance drilling campaign at its flagship Sanankoro Gold Discovery (“Sanankoro” or “the Project”) in southern Mali. Dr Jonathan Forster, CEO of Cora Gold, said, “The demonstration of a 3,600m long continuous gold structure highlights Sanankoro’s position as a new gold discovery with the potential to become a significant development asset. We have also identified a 900m long zone of continuous gold mineralisation on the previously untested Bokoro Structure to the west. Having defined the gold zones, the next step will be to target the higher-grade areas. “Bearing in mind that we have previously reported a new discovery to the north of Zone A-B, “Target 1”, and there remains every chance of identifying additional new zones on both the Sanankoro and Bokoro structures with future drilling, we are excited to see the inventory of targets is expanding for prioritisation at the resource drilling stage. In the meantime, as we continue our active drill programme in Mali I look forward to reporting the initial assay results from our Tekeledougou project in the near-term.” The Sanankoro Structure The Sanankoro Structure can be clearly traced on ground geophysics (resistivity) and has now been drilled on a reconnaissance basis over a length of 3,600m. Through the completion of the Stage 2 drill programme, Cora has now been able to join together the previous Zone A and Zone B mineralised areas defined by historical drilling and extend to both the south and north. A full summary of results can be found in Appendix 1. | |
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