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Transaction Announcement Reports
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Project: | Sanankoro | |
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Deposit: | Selin, Bokoro North | |
Location: | Mali | |
Commodities: | Gold | |
Date: | 8/7/2019 | |
Report Code: | (no Code) | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 7-8-2019: Cora Gold Ltd. announces an Exploration/Drilling Update report for its Selin, Bokoro North deposit at the Sanankoro project. Drilling results incl. 25m @ 2.81g/t Au from 28m. Cora Gold Limited (‘Cora Gold’, ‘Cora’, or ‘the Company’), the West Af | |
Resources: | x | |
CP/QP: | [Overall Report]: Jonathan Forster (Internal) | |
ABSTRACT: | Cora Gold Limited (‘Cora Gold’, ‘Cora’, or ‘the Company’), the West African focused gold exploration company, is pleased to announce results of a selective infill drill programme undertaken at the Selin Prospect at the Sanankoro Gold Discovery, Southern Mali, in addition to results from its ongoing reconnaissance regional exploration programme. Jonathan Forster, CEO of Cora Gold, commented: “We are extremely pleased with the results of the infill drilling, which continues to demonstrate potentially economic mineralisation in the near surface oxide portion of the Selin prospect. Infill drilling has provided a good measure of the continuity of gold mineralisation at the Selin prospect with the zone now totalling approximately 2,250m in length with oxide mineralisation extending locally up to 90m at depth. The Selin prospect demonstrates good potential for future extraction through low cost open pit mining and the enhanced knowledge of the continuity of oxide mineralisation significantly justifies a further exploration programme to investigate the deeper sulphide mineralisation. “Reconnaissance exploration drilling has confirmed that primary, potentially economic gold structures exist in areas extending away from the Selin prospect and provides guidance for future drilling in these areas. Our regional exploration work is demonstrating that there is still significant further potential available across Sanankoro and Cora’s portfolio.” | |
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