AIM-listed Cora Gold has announced promising results from its largest ever drilling campaign at its Sanankoro gold project in southern Mali.
Sanankoro represents Cora Gold’s flagship project and includes five contiguous permits Sanankoro, Bokoro Est, Bokoro II, Dako II and Kodiou that encompass a total area of approximately 341 km2.
Drilling commenced in March this year and in total, 174 holes were drilled totalling over 18 340 m from the start of the campaign to 14 June. Cora Gold plans to have drilled up to a total of 35 000 m by end of July, with a dual focus on targeting resource growth as well as infill drilling to convert existing inferred resources to indicated.
New drill results at Zone A confirm good widths and grade in oxide ore including:
- 29m @ 3.23 g/t Au from 66 m in hole SC0365
- 32m @ 1.63 g/t Au from 32 m in hole SC0366
- 14m @ 2.70 g/t Au from 63 m and 12 m @ 1.57 from 46 m in hole SC0362
- 24m @ 1.64 g/t Au from 17 m in hole SC0364
- 4m @ 8.51 g/t Au from 40 m in hole SC0368
Bert Monro, CEO of Cora Gold commented, “The first set of results in this drill campaign at Zone A have confirmed more holes of good widths and grade in oxide ore, including 29m @ 3.23 g/t Au from 66 m depth. While we await further results from this target over the coming weeks, three rigs are now drilling back at Selin for the follow-up deeper Phase 2 programme and a fourth rotary air blast rig owned by Cora is completing sterilisation drilling on potential process plant and tailings storage facility sites.”