Metals & Minerals News

Cora posts high-grade gold intercepts at Sanankoro

Cora Gold Ltd has reported multiple high-grade gold intercepts at Sanankoro gold project in southern Mali.

Scale: the results at Sanakoro provide further confidence in Cora’s ability to enhance materially the resource (Pixabay)

RESULTS

Cora said that results from the programme had been consistently extremely encouraging, with good widths and high-grade results in generally shallow oxide ore.

A total of 328 holes have been drilled totalling over 36,648m from start of the campaign to 12 August 2021.

Today’s published results show:

Zone B:

2m @ 146.43 g/t Au from 160m in hole SC0171

hole ended in this mineralised intercept, significantly below existing pit shell

23m @ 1.88 g/t Au from 103m in hole SC0464

14m @ 2.58 g/t Au from 66m in hole SC0466

Selin

32m @ 6.92 g/t Au from 70m in hole SC0489

66m @ 1.58 g/t Au from 52m in hole SC0490

37m @ 1.40 g/t Au from 50m in hole SC0491

EXCEPTIONAL

Cora chief executive Bert Monro said that the multiple high grade drill intercepts reported from both Zone B and Selin, further underpinned the scope and scale of the Sanankoro project.

“2m @ 146 g/t Au and 32m @ 6.92 g/t Au are exceptional intersections and provide further confidence in our ability to materially enhance our resource inventory later this year. 

“Drilling is ongoing at site with two reverse circulation and a diamond drill rig targeting infill and resource expansion holes and a rotary air blast rig is continuing with a sterilisation drill programme as part of the definitive feasibility study. 

“We look forward to further results from this campaign as we move into the final stages of the drilling.”

DRILL CAMPAIGN

The results are from the company’s tenth set of drill results from its largest drilling campaign to date at the project.

The programme aims to increase resource alongside infill drilling to convert existing inferred resources to measured and indicated.