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Stage 1 Drilling Complete, New Targets Identified
Stage 1 Drilling Complete, New Targets Identified.
About this update from Cora Gold Ltd.
[{"type":"text","content":"\n \nRNS Number : 5214B Cora Gold Limited 11 January 2018 \n\nCora Gold Limited / EPIC: CORA.L / Market: AIM / Sector: Mining\n11 January 2018\n Cora Gold Limited (\"Cora Gold\", \"Cora\" or \"the Company\")\nStage 1 Drilling Complete at Sanankoro Gold Discovery and Exciting New Targets Identified\n \nCora Gold Limited, the West African focused gold exploration company, is pleased to announce that, following the mobilisation of the drill rig on 30 November 2017, it has completed the Stage 1 reconnaissance drill programme at its flagship Sanankoro Gold Discovery in Southern Mali (\"Sanankoro\" or the \"Project\") and is awaiting assay results. To view the press release with the illustrative maps and diagrams, please click on the following link: \nhttp://www.rns-pdf.londonstockexchange.com/rns/5214B_-2018-1-10.pdf\n \nHighlights\n· 29 drill holes completed for nearly 2,800m of mixed aircore (\"AC\") and reverse circulation (\"RC\") drilling ranging between 68m and 140m in length\no 27 drill holes completed at Sanankoro Target 1 over a strike length of nearly 3km\no Two drill holes at Sanankoro Zone A \n· Visible gold observed in many holes indicating widespread mineralisation along the structures \n· Assay results expected prior to the end of January 2018\n· New structure (Zone C) located to the west of Zones A and B has been identified through mapping of artisanal sites and surface sampling\n· Stage 2 drilling commencing with 4,000m of combined RC/AC and 500m of diamond core focusing on Sanankoro Zones A, B and C \n· New, highly prospective, drill ready targets identified at Tekeledougou Project (about 60 km south of Sanankoro),located within 8km of Hummingbird Resources plc's ('Hummingbird Resources') producing Yanfolila Plant. Drilling at Tekeledougou is targeted by end of Q1 2018\n \nDr Jonathan Forster, CEO of Cora Gold said, \"We are very pleased with the progress of the drill programme at Sanankoro to date. The presence of visible gold in many of the drill holes along nearly 3km of strike is particularly encouraging as is the visual identification of key lithologies that appear to host gold mineralisation. I look forward ...