Jon Forster, CEO of Cora Gold Ltd, talks about IPO

We talk to Jon Forster about the AIM company listing. Cora Gold Limited has raised £3.45 million to develop a portfolio of gold projects focused on two highly productive gold belts in Mali and Senegal in West Africa where historical exploration expenditure totaling >US$10 million has uncovered multiple gold targets with drill intercepts.

The Sanankoro Gold Discovery is the primary focus for Cora Gold as it has the potential to develop into a large standalone mine and is located in close proximity to existing gold mines – it is on the same gold belt as AIM listed Hummingbird Resources’ 2.2Moz Yanfolila Gold Project (which is a 34% shareholder of Cora and is due to commence production by the end of 2017) which provides possible treatment routes for early cash flow.


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