Business
Impressive High Grades at Sanankoro Gold Discovery
Impressive High Grades at Sanankoro Gold Discovery.
About this update from Cora Gold Ltd.
[{"type":"text","content":"\n \nRNS Number : 7914V Cora Gold Limited 26 July 2018 \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\n26 July 2018\n Cora Gold Limited (\"Cora Gold\", \"Cora\" or \"the Company\")\nFurther Impressive High Grades at Sanankoro Enhance the Potential Large-Scale of Cora's Gold Discovery in Mali\n \nCora Gold Limited, the West African focused gold exploration company, is pleased to provide further assay results indicating shallow, broad zones of high grade gold mineralisation from its Sanankoro Gold Discovery (\"Sanankoro\" or \"the Project\") in southern Mali. Furthermore, with the onset of the wet season (June-October), the successful 2017/2018 drilling campaign has now been completed and the Company awaits approximately 900 assays, primarily relating to the Tekeledougou Project in southern Mali (\"Tekeledougou\"), which will be released once available. To view the announcement with the illustrative maps and diagrams, please click on the following link: \n\nhttp://www.rns-pdf.londonstockexchange.com/rns/7914V_1-2018-7-25.pdf\n \nHighlights\n· Further drilling indicates broad zones of shallow, high-grade mineralisation in the weathered zone including:\no 52m at 2.41 g/t Au including 25m at 3.91 g/t Au from14m;\no 32m at 3.54 g/t Au including 1m at 72.9 g/t Au; \no 15m at 1.93 g/t Au including 6m at 3.46 g/t Au from 24m;\no 32m at 1.1 g/t Au including 10m at 1.9 g/t Au from 27m; and\no 17m at 1.5 g/t Au from 15m; \n· Sanankoro confirmed strike length now extended to approximately 8km indicating its large-scale potential\n· Drilling campaigns at both Sanankoro and Tekeledougou projects now completed with ~18,000m completed across both projects and assays pending\n \nDr Jonathan Forster, Cora's CEO commented, \"We are continuing to identify new zones of gold mineralisation, enhancing the large-scale potential of the Sanankoro gold discovery. We have now delineated approximately 8km of drill defined gold mineralized structures, forming the basis of future drill programmes focusing on mineral resour...