RNS - Final Drill results Sanankoro22 Oct 2021 08:16
Excellent - MRE over coming weeks!
HIGHLIGHTS
· 17m @ 17.13g/t Au from 89m in hole SC0561
· 19m @ 6.14 g/t Au from 59m in hole SC0565
· 22m @ 3.28 g/t Au from 88m in hole SC0559
· 28m @ 2.26 g/t Au from 71m in hole SC0560
· 73m @ 0.71 g/t Au from 95m in hole SC0557
· 54m @ 0.83 g/t Au from 120m in hole SC0558
· 32m @ 1.36 g/t Au from 16m in hole SC0563
· Oxide mineralisation has been defined continuously to +190m vertically in recent metallurgical core drilling and density determinations
· Zone B1 resource remains open in all directions
Bert Monro, CEO of Cora, commented, "This drill campaign has delivered consistently positive results and this last set of samples means that we finish on a high note, reporting some of our best drill hole results to date. 17m @ 17.13 g/t Au and 19m @ 6.14 g/t Au are not only two further excellent drill holes in isolation, but in the context of our full campaign we have had 15 holes of +100 gramme metre which is a fantastic achievement for the exploration team on the ground. Additionally, the additional depth of oxidisation, to greater than 190m, has potentially positive implications as we look towards mining in the future. There has been a lot of hard work gone into this drill campaign from our team and contractors and I would like to thank them publicly for all their hard work.
"The next steps for the Company is the delivery of an updated MRE over the coming weeks. There have also been a number of DFS site visits over the last month with numerous concurrent work streams ongoing and I look forward to sharing more on our DFS and development plans in due course."