Exploration & Mining News

Further positive results for Cora Gold at Sanankoro

Cora Gold Ltd announced the seventh set of drill results from its largest ever drilling campaign at the Sanankoro gold project in Southern Mali.

Final phases: each new set of intercepts strengthens Cora’s belief in the significant oxide potential of the Sanankoro gold project (Pixabay)

The 35,000m programme is due to finish in the near future after which the company is expected to revise the mineral resource estimate.

Today’s figures follow last week’s world class intersection at Sanankoro with 19m @ 31.56 g/t Au from 65m at Zone A.

RESULTS

Cora said that results at Zone A continued to reinforce the “excellent” grade of oxide ore from surface and include:
17m @ 5.54 g/t Au from 117m and 19m at 3.03 g/t Au from 26m in hole SC0422 on section 1296125N
15m @ 5.56 g/t Au from 123m in hole SC0427
15m @ 5.43 g/t Au from 46m in hole SC413
20m @ 3.20 g/t Au from 110m in hole SC0428
13m @ 4.03 g/t Au from 26m in hole SC0410
16m @ 3.25 g/t Au from 20m in hole SC0419
10m @ 5.22 g/t Au from 63m in hole SC0425

“With each new set of exciting intercepts, we re-enforce our belief in the significant oxide potential of the Sanankoro gold project and the potential increase in resource size over time,” said chief executive Bert Monro.

“We are now moving into the final phases of the drill programme. 

“Following the completion of the Phase 2 deeper drilling at Selin, targeting the deeper extension of the shallow 65m pit shells, with assay results pending, the rigs have returned to Zone A and C to follow up some better-than-expected higher grade intercepts from the Phase 1 programme in this area.”