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Zone A Drill Results including 29m @ 3.32 g/t Au
Zone A Drill Results including 29m @ 3.32 g/t Au.
About this update from Cora Gold Ltd.
[{"type":"text","content":"\n \n \n \n RNS Number : 0179C\n Cora Gold Limited\n 16 June 2021\n \n \n \n \n Cora Gold Limited / EPIC: CORA.L / Market: AIM / Sector: Mining\n \n \n 16 June 2021 \n \n \n Cora Gold Limited ('Cora' or 'the Company')\n \n \n First drill results from Zone A at Sanankoro Gold Project including 29m @ 3.32 g/t Au\n \n \n \n \n \n Cora Gold Limited, the West African focused gold company, is pleased to announce the fifth set of drill results, and first from Zone A, from its largest ever drilling campaign, which commenced in March 2021 at its Sanankoro Gold Project ('Sanankoro' or 'the Project'), in Southern Mali. The Company plans to have drilled up to a total 35,000m by end of July 2021, with a dual focus on targeting resource growth as well as infill drilling to convert existing Inferred resources to Indicated.\n \n \n \n \n \n HIGHLIGHTS\n \n \n New drill results at Zone A confirm good widths and grade in oxide ore\n \n \n ● \n 29m @ 3.23 g/t Au from 66m in hole SC0365\n \n \n ● \n 32m @ 1.63 g/t Au from 32m in hole SC0366\n \n \n ● \n 14m @ 2.70 g/t Au from 63m and 12m @ 1.57 from 46m in hole SC0362\n \n \n ● \n 24m @ 1.64 g/t Au from 17m in hole SC0364\n \n \n ● \n 4m @ 8.51 g/t Au from 40m in hole SC0368\n \n \n \n \n \n Update on drill programme progress\n \n \n ● \n 174 holes drilled totalling over 18,340m from start of the campaign to the 14\n \n June 2021\n \n \n ● \n All three rigs are currently drilling at Selin in Phase 2 ('P2') drill programme targeting deeper holes to deepen existing shallow, average 65m depth, pit shells\n \n \n ● \n Targeted completion of up to 35,000m drilling is due in July 2021\n \n \n \n \n \n \n Bert Monro, CEO of Cora, commented,\n \n \n \"The first set of results in this drill campaign at Zone A have followed on strongly from Selin and confirmed more holes of good widths and grade in oxide ore, including 29m @ 3.23 g/t Au from 66m depth. While we await further results from this target over the coming weeks, three rigs are now drilling back at Selin for the follow-up deeper Phase 2 programme and a fourth rotary air blast ('RAB') rig owned by Cora is completing sterilisation drilling on potential process plant and tailings storage facility sites.\"\n \n \n \n \n \n \n To view the RNS with illustrative diagrams and maps, please use the followi...