Cora Gold Ltd has completed the definitive feasibility study (DFS) alongside its inaugural reserves and optimised project economics for its flagship Sanankoro gold project in southern Mali. RESERVES The inaugural probable reserves are 422koz @ 1.3 g/t Au with 6.8 years reserve mine life and average annual production of 56,000 oz. A total of 121koz […]
Tag: Sanankoro – southern Mali
Cora exploration target estimate adds 1.3Moz gold
Cora Gold Ltd reported an exploration target estimate of 26.0 Mt to 35.2 Mt indicating a possible increase in resource at its flagship Sanankoro project in southern Mali. ESTIMATE Chief executive Bert Monro said that the exploration target showed the potential for an additional 1.37 Moz of gold above the company’s existing 920 koz mineral […]
Cora Gold receives environmental permit for Sanankoro
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 […]
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 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 […]