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07 Aug 2019 | 13:56

Cora Gold encouraged by drilling results at prospect in Mali

Cora Gold said results of a recent drilling programme confirmed that gold mineralisation extended to depths of up to 90 metres at the southern part of the Selin prospect at the Sanankoro project in Mali.

Results included intersecting 25 metres at 2.81 grams per tonne of gold.

'We are extremely pleased with the results of the infill drilling, which continues to demonstrate potentially economic mineralisation in the near surface oxide portion of the Selin prospect,' chief executive Jonathan Forster said.

'Infill drilling has provided a good measure of the continuity of gold mineralisation at the Selin prospect with the zone now totalling approximately 2,250m in length with oxide mineralisation extending locally up to 90m at depth.'

'The Selin prospect demonstrates good potential for future extraction through low cost open pit mining and the enhanced knowledge of the continuity of oxide mineralisation significantly justifies a further exploration programme to investigate the deeper sulphide mineralisation.'

At 1:56pm: (LON:CORA) Cora Gold Limited Ord Npv Di share price was -0.13p at 5.75p

Story provided by StockMarketWire.com
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