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Cora Gold Ltd.

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Summary

Project:

Tekeledougou

Deposit:Woyoni, Kouroudian
Location:Mali
Commodities:Gold
Date:9/17/2018
Report Code:(no Code)
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-9-2018: Cora Gold Ltd. announces an Exploration/Drilling Update report for its Woyoni, Kouroudian deposit at the Tekeledougou project. Drilling results incl. 1m @ 24.9g/t Au from 83m. Cora Gold Limited, the West African focused gold exploration company
Resources:x
CP/QP:[Overall Report]: Jon Forster (Internal)
ABSTRACT:Cora Gold Limited, the West African focused gold exploration company, announces the final batch of assay results from the Tekeledougou Project in Southern Mali (“Tekeledougou”). Dr Jonathan Forster, Cora’s CEO commented, “The second phase of drilling which combined both reverse circulation and orientated core at Tekeledougou has been of value as it has successfully identified extensions to the mineralised structures and allowed us to better understand the distribution of gold mineralisation at the two prospects, Kouroudian and Woyoni. “The results suggest that we are dealing with multiple gold mineralised quartz veins set in “enechelon” fashion. The frequency of the veining and its direct association with gold is encouraging. As is often the case in exploration, the controls to gold mineralisation prove to be more complex than envisaged from the first few drill holes. The association with en-echelon zones of quartz veining mean that the Company may elect to consider these as selective rather than bulk mining targets. We will continue to evaluate all of the drilling data before planning the next stage in the programme at Tekeledougou. In the meantime, we look forward to the forthcoming end of the rainy season in Mali and recommencing our drill programme at our Sanankoro Gold Discovery which we believe has significant large-scale potential.”

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