Business
Update on Scoping Study
Update on Scoping Study.
About this update from Cora Gold Ltd.
[{"type":"text","content":"\n \nRNS Number : 2325X Cora Gold Limited 18 December 2019 \n\nCora Gold Limited / EPIC: CORA.L / Market: AIM / Sector: Mining\n18 December 2019\nCora Gold Limited \nUpdate on Scoping Study\n \nCora Gold Limited ('Cora Gold', 'Cora', or 'the Company'), the West African focused gold exploration company, announces an update regarding the initial Scoping Study on the Sanankoro Gold Project ('the Project' or 'Sanankoro') in Southern Mali.\n \nThe initial Scoping Study is being overseen by Wardell Armstrong International ('WAI') on Sanankoro to understand the project's potential to be a standalone oxide mining operation. Accordingly, the various work streams have been completed and are currently under final review by WAI. The Company therefore anticipates finalising the document and announcing the results of the Scoping Study in early January 2020. \n \nJonathan Forster, CEO of Cora Gold, commented, \"We remain confident that the initial Scoping Study will demonstrate Sanankoro's potential to be a profitable standalone oxide mining operation and look forward to announcing the results in early 2020.\"\n \nIn addition, further to the announcement of 5 December 2019 the Mineral Resource Estimate prepared by SRK Consulting (UK) Limited is now available on the Company's website here: www.coragold.com/category/company-reports\n \n**ENDS**\n \nFor further information, please visit http://www.coragold.com or contact:\n \n\n\n\nJon Forster / Bert Monro\n\n\nCora Gold Limited\n\n\n+44 (0) 20 3239 0010\n\n\n\n\nEwan Leggat / Charlie Bouverat\n\n\nSP Angel \n(Nomad & Joint Broker)\n\n\n+44 (0) 20 3470 0470\n\n\n\n\nAndy Thacker / Zoe Alexander\n\n\nTurner Pope Investments\n(Joint Broker)\n\n\n+44 (0) 20 3657 0050\n\n\n\n\nIsabel de Salis / Megan Dennison\n\n\nSt Brides Partners \n(Financial PR)\n\n\n+44 (0) 20 7236 1177\n\n\n\n \n \nNotes to the Editors\n Cora Gold is a gold exploration company focused on two world class gold regions in Mali and Senegal in West Africa. Historical exploration has resulted in the highly prospective Sanankoro Gold Discovery, in addition to multiple, high potential, drill ready gold targets within its broader portfolio. Cora Gold's primary focus is on further developing Sanankoro in the Yanfolila Gold Belt (Southern Mali), which ...