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Cora Gold Ltd.
Summary
| Project: | Sanankoro | |
|---|---|---|
| Deposit: | Zone B North | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 9/30/2019 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-9-2019: Cora Gold Ltd. announces an Exploration/Drilling Update report for its Zone B North deposit at the Sanankoro project. Drilling results incl. 21m @ 3.13g/t Au from 27m. Cora Gold Limited (‘Cora Gold’, ‘Cora’, or ‘the Company’), the West African | |
| 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 results from a 771m aircore and reverse circulation drill programme has confirmed continuity of gold oxide mineralisation at Zone B North, a direct extension of the 1,500 metre long Zone B prospect, one of the three main prospects that are currently known that lie on the 14 km long Sanankoro Gold Discovery, Southern Mali. Jonathan Forster, CEO of Cora Gold, commented, “These drill results mark the final tranche of results from our Q1-Q2 2019 drill programme and, in keeping with the calibre of results already announced, the results have provided great encouragement regarding the extent of gold mineralisation at length across the Sanankoro Gold Discovery. “Zone B North appears to be the extension of the Zone B prospect, giving a total potential mineralised strike length of 3,500 metres. Moreover, evidence from artisanal exploitation and surface anomalies suggest that further extension to the north could be possible giving a total potential strike length of more than 5,000 metres. “Factoring in the along strike mineralisation at the Zone A and Selin prospects, then the scale of the gold structure at Sanankoro is substantial. With the depth of oxides typically ranging from 50-100 metres, the potential for near surface exploitation is high. With the wet season coming to an end, our exploration teams will remobilise to site as soon as is practical and I look forward to updating shareholders with details of upcoming work programmes in due course.” | |
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