Cora Gold Ltd has been awarded an environmental permit for its flagship Sanankoro gold project in southern Mali. STANDARDS The grant follows the completion and submission in July 2022 of the environmental and social impact assessment (ESIA) for Sanankoro to the Mali authorities. “The award of this permit recognises the high standards that we have […]
Tag: Cora Gold Ltd
Cora defers DFS to enhance Sanankoro economics
Cora Gold Ltd said it would need more time to produce the definitive feasibility study (DFS) for the Sanankoro gold project in southern Mali. OPTIMISATION The company had aimed to complete the DFS in Q3 2022 but now expects to report on progress during Q4 2022 as it “optimises various aspects of the study”. Chief […]
Cora Gold increases losses
Cora Gold Ltd recorded an increase in losses as it progressed its Sanankoro project in the Yanfolila gold belt, southern Mali. FINANCES The company’s interim results for the six months ended 30 June 2022 showed losses of US$954,000 (H1 2021: $716,000). Cash and equivalents fell to $2,022,000 (H1 2021: $5,676,000). OPERATIONS During H1 2022, Cora completed a […]
Cora Gold increases MRE by 14% for Sanankoro
Cora Gold Ltd announced a total increase of 14% for its revised mineral resource estimate (MRE) at the Sanankoro gold project in southern Mali. MRE The company also reported a 22% increase in oxide indicated mineral resources from 419koz to 509koz. Cora Gold added that the MRE, at a cut-off grade of 0.4 g/t Au, […]
Cora Gold submits completed ESIA for Sanankoro
Cora Gold Ltd said it had completed and submitted an environmental and social impact assessment (ESIA) for the company’s flagship Sanankoro gold project in southern Mali. ESIA ESIA work included stakeholder engagement, specialist baseline and impact assessment studies (including biodiversity, water and social studies), an integrated environmental and social management programme, a conceptual closure and […]
Cora Gold retains Lionhead support for Sanankoro
Cora Gold Ltd said that its lead investor would continue its support even if the company missed the deadline for a definitive feasibility study (DFS) at the Sanankoro gold project in southern Mali. LIONHEAD In September 2021, Lionhead Capital Advisors Proprietary Ltd and Cora entered a US$25m mandate and term sheet to fund the development […]