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Cora Gold Ltd.
Summary
| Project: | Sanankoro | |
|---|---|---|
| Deposit: | Sanankoro | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 2/25/2020 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-2-2020: Cora Gold Ltd. announces an Exploration/Drilling Update report for its Sanankoro deposit at the Sanankoro project. Drilling results incl. 25m @ 0.94g/t Au from 55m. Cora Gold Limited, the West African focused gold company, is pleased to announc | |
| Resources: | (Resource, Inf.): 5.0Mt @ 1.6g/t Au | |
| CP/QP: | [Overall Report]: Jonathan Forster (Internal) | |
| ABSTRACT: | Cora Gold Limited, the West African focused gold company, is pleased to announce further drill results at its Sanankoro Gold Project ("Sanankoro" or "the Project") in the Yanfolila Gold Belt, Southern Mali. The primary focus of this set of drill results was targeting shallow oxide extensions beyond the footprint of the Maiden pit constrained JORC Inferred Mineral Resource of 5.0 million tonnes (Mt) at 1.6 g/t Au for 265,000 ounces of gold. Bert Monro, CEO of Cora Gold, commented, "This latest round of drill results has identified a new +1,500m long gold structure representing a continuation of Zone B North. This is particularly encouraging given that the shallow drilling undertaken is only designed to provide a guide to the location of the structures. This has similarities to early results from Selin before deeper holes were drilled, and a maiden Resource was declared. Additionally, a further 500m of strike to the west of Zone C was also identified as a new mineralised zone. I look forward to releasing the remaining results from this programme once they are received." | |
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