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Drilling Commences at Tekeledougou Project
Drilling Commences at Tekeledougou Project.
About this update from Cora Gold Ltd.
[{"type":"text","content":"\n \nRNS Number : 5719H Cora Gold Limited 14 March 2018 \n\nCora Gold Limited / EPIC: CORA.L / Market: AIM / Sector: Mining\n14 March 2018 \n Cora Gold Limited (\"Cora Gold\", \"Cora\" or \"the Company\")\nDrilling Commences at Tekeledougou Project\n \nCora Gold, the West African focused gold exploration company, is pleased to announce the commencement of drilling at the Company's Tekeledougou project in southern Mali (\"Tekeledougou\" or \"the Project\"). To view the announcement with the illustrative maps and diagrams, please click on the following link: http://www.rns-pdf.londonstockexchange.com/rns/5719H_-2018-3-13.pdf\n \nHighlights:\n· Multi-purpose drill rig mobilised and drilling commenced for a maiden 2,000m drill programme;\n· Located within 8km of Hummingbird Resources plc's (\"Hummingbird\") operational Yanfolila Gold Mine (Hummingbird is a 33.85% shareholder in Cora) and 60km south of the Company's flagship Sanankoro Gold Discovery;\n· Two promising targets identified at Tekeledougou which are now being prioritised for drilling (see announcement dated 11 January 2018);\n· Significant artisanal workings have exposed two extensive intense quartz structures; and\n· Potential to extend footprint to over 1km with exploration work.\n \nDr Jonathan Forster, CEO of Cora Gold said, \"Tekeledougou is an exciting prospect with two separate structures exposed; one with over 600m of strike of an intensely veined quartz shear structure and the other approximately 200m of strike. Based on our findings so far, these structures may carry significant gold mineralisation. The initial reconnaissance programme will seek to test and confirm the mineralisation of the structures and also to extend them along the strike where possible. Due to the close proximity of these targets to our ~34% shareholder Hummingbird's producing Yanfolila mine, in the event of a significant discovery there is potential for early cash-flow by utilising the Yanfolila treatment plant. I look forward to providing assay results from Tekeledougou as they become available as we look to unlock the potential of this exciting project. \n \n\"In addition, we look forward to reporting on the re...