Modern Mining August 2020

GOLD

Discovery of new gold zones boosts resources at Sanankoro

AIM-quoted Cora Gold Limited has discovered two new gold zones on its two permits close to its flagship Sanankoro Gold Project in Mali. The discoveries, CEO Bert Monro tells Munesu Shoko , are part of the West African focused gold company’s extensive drilling programme this year to test for new zones of potentially near surface economic gold mineralisation in close proximity to the Sanankoro deposits.

A s part of its intensive drilling programme to test possible expansion of resources with a view to increasing the life of mine at its Sanankoro Gold Project beyond the currently projected three years, Cora Gold has announced the discov- ery of two new gold zones in the vicinity of the main Sanankoro deposits. The new discoveries – two separate 1,5 km gold zones at the Bokoro II and Dako II permits – are results of a targeted drilling programme with the objective to identify new, near surface, oxide gold zones within easy haulage distance of the main

Drilling at Cora Gold’s Madina Foulbe permit.

Bert Monro, CEO of Cora Gold.

Sanankoro deposit. The Bokoro II permit borders the Sanankoro to the East, while the Dako II permit lies immediately to the south of Sanankoro. Speaking to Modern Mining , Monro says the com- pany believes that there is a lot of scope to grow the resources on the Sanankoro permit, and having discoveries like these on the neighbouring permits only adds to the already exciting potential. “The next steps are to tighten up the drilling and also add some deeper holes to test the depth of oxides and see what the available sulphides look like,” says Monro, adding that the drilling is widely spaced, at around 320 m fences, which will be reduced down to 80 m on average in time. Bokoro II Cora Gold has finalised a 67-hole (4 818 m) first pass reconnaissance drilling programme at the Bokoro permit which shares a boundary with the Sanankoro permit, and as such forms part of the Sanankoro Gold Project. The reconnaissance programme uti- lised aircore (AC) drilling on two NNE trending zones, both of about 900 m length that are located 400 m apart along the same structure. The structure extends to the north across the

All images courtesy of Cora Gold

22  MODERN MINING  August 2020