Business
Appointments & Construction Tendering
Appointments & Construction Tendering.
About this update from Cora Gold Ltd.
[{"type":"text","content":"\n\nCora Gold Limited / EPIC: CORA.L / Market: AIM / Sector: Mining\n11 July 2023\nCora Gold Limited\n('Cora' or 'the Company')\n \nSenior Management Appointments & Construction Tendering for Sanankoro\n \nCora Gold Limited, the West African focused gold company, is pleased to announce the appointment of key management personnel and the commencement of the construction tender process as it focuses on transitioning its flagship Sanankoro Gold Project in south Mali ('Sanankoro' or the 'Project') into a producing mine.\n \nOverview\n· Key management personnel appointed with experience of moving gold projects through to production:\no Lourens Steenekamp appointed as Project Director - an experienced mining professional with +30 years' experience with gold producers including Gold Fields, Barrick Gold, Resolute Mining and Perseus Mining.\no Frikkie Fourie appointed as Mining Consultant - a senior mining engineer responsible for providing direct technical support to various mines, including Asanko Gold, who will be overseeing the planning process, optimisations, and project execution.\no Murray Paterson appointed as Head of Geology - an accomplished geologist with extensive experience of exploration and mine start-up in West Africa.\n· Commenced tender process - FEED and construction, turn-key hybrid power solution and mine camp, with contract mining tender due to commence in due course.\n· New Minister of Mines Appointed - Amadou Keita has been appointed the new Minister of Mines in Mali.\n \nBert Monro, Chief Executive Officer of Cora, commented, \"Following the recent signing of a US$70m debt mandate letter, I am delighted to welcome Lourens, Frikkie and Murray to the Cora team as we move Sanankoro towards the construction phase. We are fortunate to have found people of their calibre and specific skill sets with experience of moving West African gold projects through the planning phase to construction and production.\n \n\"Additionally, we have been running a series of tenders for various aspects of the construction process and look forward to providing further updates on these in due course.\"\n \nDetails\nKey Management Appointments\nAs part of its strategy to advance the construction of an open pit oxide mine at Sanankoro an...