RE: Last four days20 Aug 2025 10:47
Looks set to blow, just need to light the touch paper, any day now for permit or dfs, think they will be relatively close together now then followed by project finance confirmation
Looking ahead, we are well positioned for a transformative period. With the updated DFS on track for Q3 2025 completion, sterilisation drilling at the plant site completed and FEED preparation underway, we are making the right steps towards building a high-quality, long-life gold mine that can deliver substantial value to our shareholders, stakeholders and the communities in which we operate."
Alongside development at Sanankoro, Cora continues to seek value-accretive opportunities across its portfolio, including the Madina Foulbé exploration permit within the Kenieba Project Area, eastern Senegal, where large-scale gold mineralisation potential has been identified.
Our primary focus continues to lie in Sanankoro's near term production potential. As such, the partial lifting of the Malian government's moratorium on new mining permits in March was a significant event, allowing us to move forward with the permitting process for Sanankoro. We have maintained a constructive dialogue with the mining administration, and securing the mining permit remains our highest priority.