Cora Gold Ltd has conditionally raised £1,047,999.66 through a subscription of 17,466,661 new ordinary shares of no par value in the company, at a 4% discounted price of six pence per new ordinary share. TVRs Net proceeds will further the permitting process for the Sanankoro gold project in southern Mali, exploration on the company’s licences […]
Tag: Cora Gold Ltd
Cora indicates notable gold systems at Madina Foulbé
Cora Gold Ltd has found “highly encouraging” signs of “significant underlying gold systems” from drilling results at Madina Foulbé located within the Mako gold belt of the Kédougou-Kéniéba Inlier – in eastern Senegal. DEPTH Exploration focused on the four key targets of Tambor, Tombolo South, Madina and Diombalou gold anomalies. Work included reviewing historical data, […]
Cora appoints SENET for Sanankoro DFS
Cora Gold Ltd has appointed New SENET (Pty) Ltd to oversee a revised definitive feasibility study for the Sanankoro gold project in Southern Mali. FINANCING The DFS, along with an updated ore reserves, will include the increased mineral resource estimate reported in January and processing optimisation studies. Cora said it also continued to finalise permitting […]
Cora to apply for Sanankoro mining permit
Cora Gold Ltd aims to apply for a mining permit for its flagship Sanankoro gold project after the Mali Government partially lifted the suspension on allocation of mining titles. OPEN PIT The move is expected to come into effect on 15 March more than two years after its introduction on 28 November 2022. Cora said […]
Cora expands MRE at Sanankoro
Cora Gold Ltd said it had delineated a further million ounces in its revised mineral resource estimate for its flagship Sanankoro project in southern Mali. RESERVES The 26% increase takes the 2022 MRE from 24.9 million tons to 31.4Mt at 1.04 g/t gold for 1,044 koz. The tonnage comprises an indicated 19.0 Mt at 1.13 […]
Cora appoints Adam Davidson as NED
Cora Gold Ltd has appointed Adam Davidson as an independent non-executive director. Board NED David Pelham has stepped down, effective immediately, and will continue as a technical adviser. “On behalf of the company and all our stakeholders, I would like to thank Dave for his years of service,” said chairman Ed Bowie. “He has made […]