Following on from its 22 April 2021 report of maiden results from its largest-ever drilling campaign at its Sanankoro Gold Project (‘Sanankoro’ or ‘the Project’), in Southern Mali, Cora has today announced further strong drill results from the Selin deposit.
These include 24m @ 2.5 g/t from 16m depth and generally comprise more shallow oxide intersections with good grades. Cora has also updated some preliminary results reported on 22 April 2021 with final results which have also shown increased average grades. Over 11,000m of drilling has now been completed in this programme and later this month management plan to mobilise two further rigs.
A large booster-compressor auxiliary air pack has also recently arrived at site to shortly commence targeted deep reverse circulation (‘RC’) drilling with an initial exploration priority centred on potential down-plunge extensions and further resource definition work. This recognises that the existing inferred resource pit shell (as detailed on 05 December 2019) averaged around only 65m in depth, offering potential for deeper holes to uncover further upside to the current resources.
With the dual focus of targeting resource growth as well as infill drilling to convert existing resources from Inferred to Indicated category, the Company is expected to move rapidly toward updating its mineral resource estimate once the drill programme has been completed around the end of July 2021.
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