Positive comments from cora CEO8 Mar 2019 08:35
Dr Jonathan Forster, Cora's CEO, commented, "The excellent results from the Selin Prospect, which highlights the opportunity for it to be part of potential future development plans, further fuels our excitement and increasing confidence that Sanankoro could become a significant new gold production asset.
"Today's results justify our programme of focusing on higher grade zones that could become starter pit areas for future development. Such a zone, of approximately 800m length, within the 2,400m long gold zone, has been initially identified by systematic drilling along the Selin structure. These latest results now warrant further exploration to extend along the Selin structure to both the north and the south. This has been facilitated by the recent JV agreement across the adjacent Kodiou permit. In particular, the evidence for higher grades will justify Cora Gold evaluating the sulphide potential in parallel with the extensive oxide mineralisation.
"The team and I are excited by the opportunity presented by the Selin Prospect, and the wider Sanankoro Permit, and I look forward to updating shareholders further with our progress as we continue to realise its full potential."