More gold at depth rns19 Aug 2019 08:15
Highlights
· Vertical continuity of gold mineralisation at the Selin prospect confirmed to depths of 170m
· Core drill programme at Selin and Zone A, Sanankoro intended to provide information on potential for gold sulphide mineralisation at depths previously untested by the Company
· Intersections reported include:
o 13m @ 1.84 g/t Au
o 17.5m @ 2.70 g/t Au
· Results demonstrate potential to significantly expand scale of discovery at Sanankoro
Jonathan Forster, CEO of Cora Gold, commented, "We continue to improve our understanding of the potential of Sanankoro and the results from these first three core drill holes have provided strong encouragement for the continuity of gold sulphide mineralisation at considerable depth. To have tracked gold mineralisation to a vertical depth of 170m represents a key positive development for the Company that, excitingly, opens up the opportunity to significantly expand the scale of the gold discovery at Sanankoro. In addition, our geological understanding of the style of gold mineralisation at both prospects is expanding with evidence emerging for late stage disruption of gold mineralisation by shearing.
"These core holes were drilled at the end of what has been a highly successful and transformative drill programme for the Company. The findings to date have not only improved our understanding of the gold mineralisation at Sanankoro but have also demonstrated continuity of the gold mineralisation over some 2.2 km of the Selin structure, with potential for extension at depth. We are looking forward to reporting the final set of drill results, as well as an initial Mineral Resource and delivering a Scoping Study on the Project before the end of this year."
Sign In
Follow the stocks
