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19 Jul 2019 | 09:53

Cora Gold identifies high-grade mineralisation at Sanankoro project in Mali

Cora Gold said it had identified high-grade gold mineralisation at depth at the Sanankoro gold project in Mali.

The mineralisation was found beneath the shallow oxide gold at the poroject, located in the Yanfolila gold belt.

Highlights included intersecting 22 metres at 2.68 grams per tonne of gold from 51 metres.

'I am pleased to report that Cora's exploration drill programme, which has progressed on schedule and on budget, intersected gold mineralisation on each deeper drill hole at the Selin prospect, often at grades of more than 3 grams per tonne gold,' chief executive Jonathan Forster said.

'Such promising results support earlier indications that the sulphide potential at Selin could be significant, providing justification for a future drill programme that would aim to extend the gold mineralisation at depth.'

At 9:53am: (LON:CORA) Cora Gold Limited Ord Npv Di share price was +1.25p at 5.25p

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