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Drilling Commences at Sanankoro Gold Discovery
Drilling Commences at Sanankoro Gold Discovery.
About this update from Cora Gold Ltd.
[{"type":"text","content":"\n \nRNS Number : 1784Y Cora Gold Limited 04 December 2017 \n\nCora Gold Limited / EPIC: CORA.L / Market: AIM / Sector: Mining\n4 December 2017 \n Cora Gold Limited (\"Cora Gold\", \"Cora\" or \"the Company\")\nDrilling Commences at Sanankoro Gold Discovery\n \nCora Gold Limited, the West African focused gold exploration company, is pleased to announce that, following the mobilisation of the rigs on 30 November 2017, a six-month drill programme commenced at its flagship Sanankoro Gold Discovery in Southern Mali (\"Sanankoro\" or \"the Project\"). To view the press release with the illustrative maps and diagrams, please click on the following link:\nhttp://www.rns-pdf.londonstockexchange.com/rns/1784Y_-2017-12-1.pdf\n \nHighlights\n· Multi-purpose drill rig mobilised and drilling commenced for the first phase of a 15,000m drill programme \n· Targeting 3,000m of mixed aircore (\"AC\") and reverse circulation (\"RC\") drilling prior to year end\n· Priority targets identified:\no Drilling will first target the 1.5km long \"Target 1\" (see Figure 2), located towards the north of Sanankoro and identified in part by shallow historical drilling which returned values including 6m at 2.7g/t Au, 3m at 5.9 g/t Au and 15m at 1.0 g/t Au\no Infill and confirmatory drill holes at Zones A and B, where the drill azimuth will be changed to the NW (rather than the historical E-W), to better test all quartz veins\n· Testing Zones A and B for extensions along strike\n· Entire drill programme to be completed during Q2 2018\n \nDr Jonathan Forster, CEO of Cora Gold said, \"We are very excited to have commenced the drilling programme at Sanankoro, building on Gold Fields' positive historical results from Zones A and B. The programme is designed, in the first instance, to further highlight the potential scale of Sanankoro which we believe could be a +1 million ounce standalone mining operation. The first phase of the campaign, to be completed by YE 2017, will focus on an initial target of 1.5km strike length, which lies within a broader target of >4km in length. In addition, we will be looking to both confirm and start extending the previous drilling at Zones A and B. I look for...