Cora Gold Ltd announced some “impressive” results among strong grades and widths in the initial results from Zone B at the Sanankoro gold project in southern Mali.
The company said that it might extend the drill campaign from 35,000m – its largest to date – to follow up some of the “excellent results”.
A total of 243 holes have been drilled for 27,212.4m from the start of the campaign to 21 July 2021.
Cora is targeting resource growth as well as infill drilling to convert existing inferred resources to indicated in its largest drill campaign to date of 35,000m.
The results to date have been “extremely encouraging with good widths and high-grade results in generally shallow oxide ore.”
ZONE B
Zone B is split into three zones of B1, B2 and B3.
The latest holes represent the complete Zone B3 Phase 1 results and first six of 17 holes from the Zone B1 Phase 1 programme.
Zone B1 is the third largest open pit resource at Sanankoro with today’s results showing:
8m @ 19.11 g/t Au from 90m in hole SC0459 at B1
32m @ 4.43 g/t Au from 29m in hole SC0453 on the northernmost tested section at B3
28m @ 2.85 g/t Au from 32m in hole SC0443 at B3
13m @ 3.03 g/t Au from 77m in hole SC0462 at B1
25m @ 1.35 g/t Au from 65m in hole SC0436 at B3 down-dip of SC0453
The results at Zone B represented a Phase 1 programme targeting the mineralisation along the previously defined 1.75km strike length of the deposit.
The company said that the results demonstrated further mineralisation beyond the existing pit boundaries, both at depth and along strike in both directions, offering further encouragement for a revised resource later in 2021.
Cora currently has two reverse circulation rigs and a diamond rig at site drilling out the final metres of the campaign.