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SRK Exploration Services (SRK EX) produced a Competent Persons report for Cora Gold’s projects in Mali and Senegal, West Africa. The purpose of the report was to support the company’s listing on the London Stock Exchange Alternative Investment Market (AIM).
Reports for stock exchange listings are required to be written by geologists independent of the issuer and to comply with international reporting requirements, such as the JORC Code or the CIM NI 43-101. This independence and compliance is required to ensure that the technical details disclosed to the public are accurate.
Cora has eight gold properties, seven in Mali and one in Senegal. Together they encompass a total area of 1,700 km2. Several of the properties occur within the highly prospective Yanfolila Gold Belt and Kenieba Window regions of southern and western Mali. Sanankoro is Cora’s flagship project and is characterised by some good historical exploration results and extensive surficial artisanal workings.
SRK EX visited the Sanankoro project in March 2017 to make first-hand observations of the geological setting and gold mineralisation and to verify some of the exploration activities. The visit was followed by the integration and reporting of historical exploration data and the contemporary field visit observations.
Cora Gold had a successful capital raising and listed on AIM in October 2017. Since then, Cora has undertaken an extensive drilling programme at Sanankoro to help delineate the continuity of gold mineralisation. In October 2018, SRK EX determined an initial exploration target of between 30 and 50 million tonnes of gold ore at a grade of between 1.0 and 1.3 g/t Au.
A copy of the report can be downloaded from here:
http://www.coragold.com/category/company-reports/
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