West Africa-focused gold company Cora Gold has started a new field programme and is busy mobilising field teams and drill contractors at the Sanankoro gold project, in the Yanfolila goldbelt, in Mali.
The initial focus of the 18-hole, 1 520 m aircore drill programme work will be to follow up on a discovery made at the Dako II deposit, which contains the “Fie Shear Zone” as a new regional-scale generative resource corridor trending 4 km north-eastward from existing intercepts into the Bokoro and Bokoro East permits.
During prior drill work, the company intersected 6 m grading 1.48 g/t gold, 12 m grading 1.52 g/t gold and 11 m grading 1.28 g/t gold from its Sanakoro resource growth programme.
Cora aims to deliver a definitive feasibility study on the project before the end of next year.
“Drilling out a larger resource at Sanankoro is the key focus of our strategy as we target the delivery of a new resource statement in 2021,” says CEO Bert Monro.
The defined exploration target for the five contiguous permits encompassing the 388 km2 Sanankoro area is between one-million ounces and two-million ounces to a depth of 100 m.