Modern Mining December 2024

and grades at Madina Foulbé, it will be looking to refine future exploration plans to follow up on the positive results. “Up until this point Madina Foulbé has been largely

its flagship asset firming up the resource with an eye to growing the project in the future. “Although we were not able to advance development of the Sanankoro Gold Project during 2024, we shifted focus towards showing the wider potential of expanding success at Sanankoro, where we discovered an additional 20 exploration targets in and around our existing deposits, which is really exciting.” Gearing for construction on Sanankoro gold “As a result of the moratorium, the commencement of the project was delayed, which is frustrating. However, we have used the time wisely and engaged in resource drilling to take the assets up the value curve and have also built a much stronger team and firmed up relationships with our lenders and potential debt financiers, the resource to deliver a much larger project in the future. The highlight of 2024 is the positive exploration

untested, so with six of our ten high priority targets confirming gold mineralisation, we are pleased with the results received from what was a first pass reconnaissance programme. We have been able to identify multiple broad zones with elevated gold and some economic intercepts, including 10m @ 4.41g.t au,

Cora Gold is looking forward to taking its flagship asset into construction phase before the end of next year.

with over half the holes ending in mineralisation from a shallow

programme designed to test a wider area. This gives us confidence that, with further exploration, we could define

resources in the future. In support of this, the project is close to several operating mines and is serviced by excellent infrastructure within a mining friendly jurisdiction.” Sanankoro Gold The AIM-listed precious metals explorer has continued to expand

DECEMBER 2024 | www.modernminingmagazine.co.za  MODERN MINING  15