Business
Second Drill Results from 2022 Drill Campaign
Second Drill Results from 2022 Drill Campaign.
About this update from Cora Gold Ltd.
[{"type":"text","content":"\n \n \n \n Cora Gold Limited / EPIC: CORA.L / Market: AIM / Sector: Mining\n \n \n \n 18 May 2022\n \n \n \n Cora Gold Limited ('Cora' or 'the Company')\n \n \n \n \n Second Drill Results from 2022 Drill Campaign\n \n \n \n \n \n \n \n \n Cora Gold Limited, the West African focused gold company, is pleased to announce the second set of drill results from its recently completed 2022 drill programme at the Company's Sanankoro Gold Project ('Sanankoro' or the 'Project') in southern Mali.\n \n \n \n \n \n \n Highlights\n \n \n \n ●\n Reverse Circulation ('RC') drilling highlights from Zone B North:\n \n \n o \n 17m @ 2.85 g/t gold ('Au') from 81m in hole SC0616\n \n \n o \n 11m @ 1.99 g/t Au from 31m in hole SC0608\n \n \n o \n 11m @ 1.35 g/t Au from 53m in hole SC0612\n \n \n o \n 31m @ 0.97 g/t Au from 15m in hole SC0615\n \n \n ▪\n Including 4m @ 2.18 g/t\n \n \n o \n 11m @ 1.29 g/t Au from 10m in hole SC0618\n \n \n ●\n All Zone B North RC holes have now been released and RC assay results from Selin, Fode 1 and Target 6 will be released in the coming weeks\n \n \n ●\n Drill programme consisted of 11 aircore ('AC') shallow holes for 897m and 78 RC holes for a total of 6,992m (4,958m at Zone B North; 1,092m at Selin South, 504m at Fode 1 and 438m at Target 6)\n \n \n ●\n Drilling targeted both converting existing Inferred Mineral Resources to Indicated Mineral Resources, as well as identifying new discoveries at Sanankoro.\n \n \n \n \n \n \n Bert Monro, Chief Executive Officer of Cora, commented,\n \n \n \"The latest results from Zone B North once again show shallow oxide mineralisation of good widths and grade. 17m at 2.85 g/t Au is a very positive drill hole as we target upgrading the Zone B North deposit to Indicated Resources. We look forward to releasing the results from the final phase of the programme, which focussed on Selin and follow-up holes at the new discoveries at Fode 1 and Target 6, in the coming weeks.\"\n \n \n \n \n \n \n To view the RNS with illustrative diagrams and maps, please use the following link:\n \n http://www.rns-pdf.londonstockexchange.com/rns/8314L_1-2022-5-17.pdf\n \n \n \n \n \n \n \n \n Sanankoro Gold Project Map\n \n \n \n \n \n \n \n Figure 1:\n \n Map showing the locations of the deposits and discoveries at the Sanankor...