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Cora Gold Ltd - West Africa-focused gold explorer - Reports sixth set of drill results from its largest ever drilling campaign at its Sanankoro gold project in southern Mali. Says results at zones A and C further reinforce the mineable quality of the Sanankoro gold structures, and notes a zone A highlight of 19 metres at 31.56 grams per tonne gold from 65 metres, saying this is "by far the most significant drill hole that Cora has ever drilled." The results to date have been "extremely encouraging", with high-grade results in generally shallow oxides ore, Cora notes.
Chief Executive Bert Monro says: "This hole sits outside the existing inferred resource pit shell, starting 50m deeper than the current resource pit shell, so offers even greater upside to the Sanankoro gold project."
Current stock price: 10.85 pence, up 36% Wednesday
Year-to-date change: up 28%
By Will Paige; willpaige@alliancenews.com
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