Extractive Industries

Cora intersects ‘extremely strong’ mineralisation at Selin

Cora Gold Ltd has intersected “extremely strong” mineralisation in grades and widths at the Selin deposit in the Sanankoro gold project, southern Mali.

Significant: the initial results provide a great deal of encouragement (Pixabay)

NEW ZONE

The company said that many of the intercepts were outside existing pit shells and that an additional new mineral zone had been intercepted within the existing pit shell.

The results are the first from the phase II programme, and the ninth set overall, in the company’s aim to increase resource growth and infill drilling to convert existing inferred resources to indicated. 

“The results to date have been extremely encouraging with good widths and high-grade results in generally shallow oxide ore,” said the company in a statement. 

Chief executive Bert Monro added: “The objective of this drilling has been to extend the existing 65m average depth pit shells at Selin deeper, and these initial results provide a great deal of encouragement as we target an updated resource at the end of this programme.”

The phase II programme is targeting drilling below the existing pit shell, which has a 65m average depth, into the transitional and fresh rock. 

RIGS

A total 277 holes for 30,923m have been drilled since the start of the campaign to 31 July 2021.

The Capital Drilling deep RC rig has moved, following completion of the P2 deeper holes, to target follow-up on the high-grade intercepts at Zones A, B1 and C, and to complete P2 resource consolidation.

The GEODRILL KL600 RC rig will complete the southward progression of the Selin P2 shallow resource consolidation drilling.

The Capital diamond drill rig has moved south to complete geotech-metallurgical programmes at Zones A, B and C prospects.

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