Cora Gold (CORA) published a very positive MRE or Mineral Resource Estimate in November, added 200% to the Sanankoro Gold Project resource with 809,000 ounces (both indicated and inferred) at 1.15 grammes per tonne.
Cora Gold have been exploring and developing the Sanankoro Gold Project in Southern Mali for some years now, and have been hitting their milestones with great regularity.
A Definitive Feasibility Study comes in the first half of next year, and the open pit mine project is underpinned by a substantial $25M US dollar term sheet from Lionhead Capital which will support the development of Sanankoro following the Definitive Feasibility Study (DFS).
Bert Monro CEO presented at 00:50 and took Q&A at 18:13 during the London South East webinar on 7 December.
Cora Gold (CORA)