Cora Gold pleased with latest assay results at Sanankoro
By Josh White
Date: Monday 04 Jun 2018
(Sharecast News) - West Africa-focussed gold exploration company Cora Gold issued further assay results from its Sanankoro Gold Discovery in southern Mali on Monday, reporting broad zones of shallow gold mineralisation in the weathered zone.
The AIM-traded firm said those included 34m at 2.5 g/t Au including 23m at 3.3 g/t Au; 63m at 0.9 g/t Au including 18m at 1.3 g/t Au hole ending in mineralisation; 19m at 1.2 g/t Au; and 9m at 1.0 g/t Au including 3m at 2.5 g/t Au.
It said confirmation core drilling in Zone A showed good correlation to historical drilling, with drilling north of Zone B further extending the mineralised strike at Sanankoro to more than five kilometres.
"The overall scale and quality of Sanankoro is remarkable," said CEO Dr Jonathan Forster.
"We have received consistently encouraging results from drilling at this project, with today's assay results from core drilling confirming previous work at the Zone A area of the project."
Dr Forster said it was "pleasing" to see confirmation of the higher grades that could be achieved in the types of heterogeneous quartz stockwork systems.
"In addition, our step out reconnaissance drilling north of Zone B continues to demonstrate the large-scale potential of the Sanankoro gold zone, which has now been extended to some 5.2km, and with every potential for it to continue to grow."
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