Business

Drill Results from the Selin Prospect

Drill Results from the Selin Prospect.

articleCora Gold Ltd.March 7, 20194/company/cora-gold-limited/news/drill-results-from-the-selin-prospect
Drill Results from the Selin Prospect

About this update from Cora Gold Ltd.

[{"type":"text","content":"\n \nRNS Number : 1954S Cora Gold Limited 07 March 2019  \n\nThe information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (\"MAR\")\n \nCora Gold Limited / EPIC: CORA.L / Market: AIM / Sector: Mining\n7 March 2019\nCora Gold Limited (\"Cora Gold\", \"Cora\" or \"the Company\")\nDrill Results from the Selin Prospect Indicate Potential for Future Development\n \nCora Gold Limited, the West African focused gold exploration company, is pleased to provide results from the recently completed drill programme from the Selin Prospect at the Sanankoro Gold Discovery (\"Sanankoro\" or \"the Project\") in the Yanfolila Gold Belt, Southern Mali where the focus has been on outlining higher grade areas in order to fast track the identification of starter pits.  The Selin Prospect, which currently extends over 2.4km of known strike and remains open in both directions and at depth, is one of multiple gold zones at Sanankoro which has a combined drill defined mineralised footprint of over 8km. \n \nTo view the announcement with illustrative maps and diagrams, please use the following link:  http://www.rns-pdf.londonstockexchange.com/rns/1954S_1-2019-3-7.pdf. \n \nHighlights\n·     Results confirm the presence of oxide gold mineralisation of potentially economic grades and widths is continuously developed along the entire Selin Prospect length.  \n·     Results include: \no  4.48 g/t Au over 46m* from 49m depth\no  5.10 g/t Au over 17m from 37m depth\no  1.91 g/t Au over 48m* from 17m depth \no  2.33 g/t Au over 13m* from 43m depth\n(* = hole ended in mineralisation)\n·     Results from aircore (\"AC\") / reverse circulation (\"RC\") drilling at the Selin Prospect show correlation with previous reconnaissance drilling undertaken by the Company at the prospect \n·     Results to be utilised for the continued identification of higher-grade zones that could become starter pits \n·     Joint Venture agreement entered into with Maifa Mining Corporation SARL to enable Cora Gold to extend its exploration of the Selin gold zone to the north.   \n \n \nDr J...

More updates from Cora Gold Ltd.