Metals & Minerals News

Cora Gold results shed light on Selin’s less known areas

Cora Gold Ltd said its third set of drill results showed strong findings in areas with little historic data at Selin prospect of the Sanankoro gold project, southern Mali.

Drill campaign: the Sanankoro gold project showing Selin with principal structure and prospects (Cora Gold)

In March 2021, the junior miner began its largest drilling campaign to date of up to 35,000m, which it aims to complete by the end of July 2021.

The programme is targeting resource growth as well as infill drilling to convert existing inferred resources to measured and indicated resources.

The new results announced today show:

19m @ 4.0 g/t Au from 13m including 7m @ 8.86 g/t Au in hole SC0333

17m @ 2.82 g/t Au from 47m including 1m @ 27.77 g/t Au in hole SC0342

11m @ 2.29 g/t Au from 44m in hole SC0339

11m @ 2.02 g/t Au from 13m in hole SC0347

15m @ 1.96 g/t Au from 31m in hole SC0340

13m @ 1.49 g/t Au from 18m in hole SC0316

18m @ 1.46 g/t Au from 68m in hole SC0341

Cora has so far drilled 132 holes drilled for more than 13,000m from start of the campaign to 19 May 2021.

Capital Drilling’s diamond core rig has also started a 2,000-metre geotechnical programme.

Cora said it expected the second reverse circulation (RC) rig from Geodrill to arrive in early June 2021.

“It is extremely pleasing to be reporting further strong results from Sanankoro, including 19m @ 4 g/t Au from 13m depth – our best hole of the campaign to date in more shallow oxides,” added chief executive Bert Monro.

“These results are also in areas of limited historical drilling, offering further significant encouragement.”