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26 Feb 2019 | 14:18

Cora Gold reports encouraging drilling results at Sanankoro project in Mali

Cora Gold said it had recorded 'particularly encouraging' initial results from drilling at the Sanankoro gold discovery in Mali.

Highlights included encountering 8 metres at 3.17 grams per tonne of gold from 69 metres.

'These initial results from our latest drill programme are particularly encouraging,' chief executive Jonathan Forster said.

'The results reported from the Zone A prospect vindicate our strategy of focusing on oxide deposit areas that have the potential to become higher grade starter pits for a future development opportunity.'

'The continuity of the widths, grades and near surface location of the gold mineralisation is potentially indicative of a zone that is in the 'sweet spot' with potential for future economic extraction.'

At 2:18pm: (LON:CORA) Cora Gold Limited Ord Npv Di share price was 0p at 6.05p

Story provided by StockMarketWire.com
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