Share Prices & Company Research

Market News

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

Story provided by StockMarketWire.com
Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.