Cora Gold Ltd said it was making excellent progress with the definitive feasibility study (DFS) ahead of £25 million funding for the Sanankoro gold project in southern Mali. WORK PROGRAMME Cora added that hydrogeological and geotechnical drilling programmes, as well as geotechnical test pits, have begun on site which lies in the Yanfolila gold belt. […]
Tag: Cora Gold Ltd
Cora Gold raises £4.25m via placing-subscription
Cora Gold Ltd has conditionally raised £4,250,000 before expenses through a placing and subscription. The fundraise was of 42,500,000 new ordinary shares of no par value at a price of 10 pence per ordinary share.
Cora Gold ends Zone B drill results on a high note
Cora Gold Ltd said the final set of results included some of the best to date from its largest ever 40,000m+ drill campaign in Zone B at its Sanankoro gold project in southern Mali. RESULTS The fourteenth set of results include: 17m @ 17.13g/t Au from 89m in hole SC0561 19m @ 6.14 g/t Au from […]
Cora Gold final drill shows 3.4km ore body at Sanankoro
Cora Gold Ltd said that the final set of drill results from its largest ever 40,000m+ drill campaign showed continuous 3.4km long ore body in the Selin deposit at the Sanankoro gold project in southern Mali. RESULTS Intercepts from the results include: 18m @ 2.32 g/t Au from 86m in hole SC1051 18m @ 2.29 g/t […]
Cora nears new MRE with 11th set of drill results
Cora Gold Ltd is nearing a revised mineral resource estimate as it announced the eleventh set of drill results from its largest ever drilling campaign at its Sanankoro gold project in southern Mali. RESULTS The company is targeting resource growth as well as infill drilling to convert existing inferred resources to the indicated category. SELIN […]
Cora Gold signs new $25m term sheet for Sanankoro
Cora Gold Ltd has signed a new US$25 million mandate and term sheet with investment firm, Lionhead Capital Advisors Proprietary Ltd, to develop the Sanankoro gold project in southern Mali. MINE ECONOMICS The agreement is conditional on, among other matters, the completion of a definitive feasibility study before the end of June 2022. The term […]