Critical Mineral Resources plc has confirmed continuation new “laterally extensive, near-surface copper-silver mineralisation” from its drilling programme at Agadir Melloul in central Morocco. ANALOGUE The project has potential for “favourable development economics” due to the “shallow and gently dipping nature of the mineralisation”, said the company. New results include 9.7 metres at 0.74% copper and […]
Tag: definitive feasibility study (DFS)
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 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 completes DFS and optimised economics
Cora Gold Ltd has completed the definitive feasibility study (DFS) alongside its inaugural reserves and optimised project economics for its flagship Sanankoro gold project in southern Mali. RESERVES The inaugural probable reserves are 422koz @ 1.3 g/t Au with 6.8 years reserve mine life and average annual production of 56,000 oz. A total of 121koz […]
Cora defers DFS to enhance Sanankoro economics
Cora Gold Ltd said it would need more time to produce the definitive feasibility study (DFS) for the Sanankoro gold project in southern Mali. OPTIMISATION The company had aimed to complete the DFS in Q3 2022 but now expects to report on progress during Q4 2022 as it “optimises various aspects of the study”. Chief […]