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Cora Gold Ltd.
Summary
| Project: | Sanankoro | |
|---|---|---|
| Deposit: | Zone A | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 7/29/2019 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-7-2019: Cora Gold Ltd. announces an Exploration/Drilling Update report for its Zone A deposit at the Sanankoro project. Drilling results incl. 36m @ 2.40g/t Au from 75m. Cora Gold Limited (‘Cora Gold’, ‘Cora’, or ‘the Company’), the West African focuse | |
| 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 that recent oxide assay results have demonstrated an extension at depth, of high-grade gold mineralisation at the Zone A prospect at the Sanankoro Gold Discovery, Southern Mali. Jonathan Forster, CEO of Cora Gold, commented: “These two deeper RC holes have demonstrated perfectly the continuity of high grades at Sanankoro that are present along strike and also to depths of over 100m at the Zone A prospect. “The depth of oxidation in this part of Zone A appears to be around 110m, enhancing the prospect’s overall mineability, which would likely consist of an open pit operation with potential for depth extensions. The results of these two holes are then an important step in the objective of identifying potential starter pit areas for any future mining project. “The results highlight the apparent northerly plunge of the higher-grade zone, which remains open to depth and as such remains an attractive exploration target. This latest drill programme has highlighted the inherent potential at Sanankoro that is still to be fully realised and I look forward to updating shareholders with further upcoming results.” | |
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