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Pin to quick picksCora Gold Share News (CORA)

Share Price Information for Cora Gold (CORA)

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Share Price: 2.30
Bid: 2.20
Ask: 2.40
Change: 0.08 (3.60%)
Spread: 0.20 (9.091%)
Open: 2.30
High: 2.30
Low: 2.30
Prev. Close: 2.22
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Cora Gold shares down despite positive test work data

Mon, 18th Mar 2019 11:38

(Sharecast News) - West-Africa focussed exploration company Cora Gold was upbeat on the release of interim results from the preliminary metallurgical test work programme for oxide samples, taken from the zone A and Selin prospects at the Sanankoro Gold Discovery in the Yanfolila Gold Belt, Southern Mali on Monday.The AIM-traded firm said the objective of the programme was to establish a preliminary indication of the response of the oxide mineralisation to gold extraction by cyanide leach, to test both heap leach and carbon-in-leach methodology and provide guidance on potential future development scenarios.It reported "excellent" gold recovery characteristics, with similar test work response observed across both oxide ore samples.Preliminary results reportedly demonstrated coarse ore gold recoveries of up to 97%, depending on crush size, would be achievable through cyanide leach extraction.The results were indicative of the potential for industry standard process methodology for the extraction of gold, the board said.It explained that the results would be to inform the next stage of the metallurgical test work programme which would be focused on providing further information on both the heap leach potential and gravity-carbon-in-leach process routes."These results indicate the clear potential to be able to use heap leach or carbon-in-leach as a process methodology in the future and, as such, are highly encouraging," said Cora Gold chief executive officer Dr Jonathan Forster."The results have demonstrated that, with minimal crushing of the oxide sample, we can achieve excellent gold recoveries of potentially up to 97% and that an industry standard and cost-effective processing route can be utilised on the oxide mineralisation."Dr Forster said looking ahead, those results would inform the next step in the programme which would further assess the potential for gold recovery from the alternatives of either heap leach or gravity-carbon-in-leach process routes."Upon completion of the full programme, we will have a good indication of the appropriate process methodology and can then begin planning for a more detailed metallurgical programme that will support and progress the Sanankoro project towards potential development scenarios."As at 1124 GMT, shares in Cora Gold were down 10% at 4.5p.
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7 Mar 2023 17:02

Cora Gold to develop Sanakoro gold project after fundraising

(Alliance News) - Cora Gold Ltd on Tuesday said it is still awaiting receipt of consideration from one counterparty in relation to recent financing, due to an administrative delay.

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21 Feb 2023 15:54

UK shareholder meetings calendar - next 7 days

Wednesday 22 February 
Barkby Group PLCAGM
Gooch & Housego PLCAGM
Itaconix PLCGM re open offer shares
RWS Holdings PLCAGM
Tharisa PLCAGM
Thursday 23 February 
Bankers Investment Trust PLCAGM
Foresight Sustainable Forestry Co PLCAGM
IntegraFin Holdings PLCAGM
Friday 24 February 
Caledonian Trust PLCAGM
Ediston Property Investment Co PLCAGM
Monday 27 February 
Bonhill Group PLCGM re proposed capital reduction
Carr's Group PLCAGM
Diversified Energy Co PLCGM re capital raise and proposed acquisition
Oncimmune Holdings PLCAGM
Ramsdens Holdings PLCAGM
Tuesday 28 February 
Aberdeen Diversified Income & Growth Trust PLCAGM
Aquila Energy Efficiency Trust PLCGM re initial public offering vote
Cora Gold LtdGM re equity fundraising
Edge Performance VCT PLCGM re voluntary liquidation
Hambro Perks Acquisition Co LtdEGM business combination extension
Image Scan Holdings PLCAGM
Kavango Resources PLCGM re approving the issue of the Warrants 
Ncondezi Energy LtdEGM re change of name
Newmark Security PLCAGM
Reabold Resources PLCGM re capital reduction
Watkin Jones PLCAGM
  
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6 Feb 2023 19:15

TRADING UPDATES: DeepVerge wins contract; Cora Gold plans fundraise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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21 Nov 2022 12:34

Cora Gold announces maiden reserves from Sanankoro

(Sharecast News) - West Africa-focussed Cora Gold announced the maiden reserves and the results of a definitive feasibility study for its flagship Sanankoro gold project in southern Mali on Monday.

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21 Nov 2022 12:19

Cora Gold touts potential of Sanankoro licence following study results

(Alliance News) - Cora Gold Ltd on Monday said it would be able to deliver an economically "robust" project at its flagship licence following the completion of a definitive feasibility study at the site.

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7 Nov 2022 14:12

Cora Gold emphasises potential of Sanankoro following test results

(Alliance News) - Cora Gold Ltd on Monday said that there was potential for gold expansion at Sanankoro, following recent test results from an exploration target at the site.

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7 Nov 2022 13:33

Cora Gold announces Sanankoro exploration target estimate

(Sharecast News) - West Africa-focussed Cora Gold announced the results of an exploration target estimate for its wider Sanankoro Gold Project in southern Mali on Monday.

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18 Oct 2022 17:07

TRADING UPDATES: Chaarat enters takeover discussions with Shanta Gold

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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18 Oct 2022 11:55

Cora Gold awarded environmental permit for Sanankoro

(Sharecast News) - West Africa-focussed Cora Gold has been awarded an environmental permit for the Sanankoro gold project in southern Mali, it announced on Tuesday.

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27 Sep 2022 22:07

TRADING UPDATES: Goldstone Resources hails results; PCF moves deadline

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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27 Sep 2022 15:57

Cora Gold working through 'aspects' of Sanankoro study

(Sharecast News) - West Africa-focussed Cora Gold updated the market on the definitive feasibility study for the Sanankoro Gold Project in southern Mali on Tuesday.

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5 Sep 2022 15:29

IN BRIEF: Cora Gold loss widens, awaits Sanankoro feasibility study

Cora Gold Ltd - West Africa-focused gold explorer - In the first half of 2022, interim loss widens to USD954,000 from USD716,000 a year before. Records no revenue. Notes ongoing progress at its flagship Sanankoro gold project, expecting its definitive feasibility study to be completed in the third quarter of the year. Finishes the period with USD2.0 million cash, compared to USD5.4 million at the end of December.

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19 Jul 2022 20:01

TRADING UPDATES: Capital backs outlook; Northcoders trades well

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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19 Jul 2022 16:09

Cora Gold updates its resource estimate for Sanankoro

(Sharecast News) - West Africa-focussed Cora Gold announced an updated mineral resource estimate for its Sanankoro project in southern Mali on Tuesday.

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6 Jul 2022 19:32

IN BRIEF: Cora Gold completes environmental assessment for Sanankoro

Cora Gold Ltd - West Africa-focused gold explorer - Completes and submits Environmental & Social Impact Assessment for the Sanankoro gold project in Mali.

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