Mining

Mali: Cora Gold to soon launch another drilling campaign at its Sanankoro gold project

Thursday, 19 October 2017 17:12

Mining company, Cora Gold, through its subsidiary Cora Gold Mali, has inked a contract with Target Drilling, for drilling services at its flagship Sanankoro gold project, in the Southern part of Mali.

The agreement plans for the launch of a drilling programme which is to begin at the end of November 2017 and end in the second quarter of 2018. This campaign will include 15,000m of aircore (AC) and reverse circulation (RC) drilling and 1,000m of diamond core drilling.

I am delighted that we have been able to progress the appointment of our drilling contractor ahead of schedule and so rapidly after our admission to Aim earlier this month. Target Drilling has a record of working in partnership with exploration teams and we look forward to a productive relationship,” CEO Cora Gold, Jon Vorster, said.

Cora Gold is held at 33.85% by Hummingbird Resources and according to the firm, Sanankoro could hold a million ounces of gold.

On the same topic
• Mercedes Trucks signs agreement with Senegal to build a truck and commercial vehicle assembly plant.• The project will create hundreds of jobs...
• Ghana launches NAIMOS as the central authority to combat illegal mining activities nationwide.• The secretariat’s mandate includes environmental...
• India’s NMDC launches a strategic center in Dubai to boost mining acquisitions in Africa.• A three-year copper and cobalt exploration campaign starts in...
ITSCI resumes 3T mineral traceability in Walikale, DRC, after March 2025 suspension Risks persist from illegal taxes and armed group involvement...
Most Read
01

Lebara Group is now bringing its affordable and reliable mobile services to Africa, starting with Ni...

Telecoms: Lebara Enters Nigerian Market with Strong Competitive Ambitions
02

• Gates Foundation commits $1.6 billion over five years to Gavi.• Bill Gates warns of rising ch...

Gates Foundation Pledges $1.6 Billion to Gavi to Boost Global Child Vaccination
03

Transport and food prices have been climbing steadily across Africa in recent years. In Côte d’Ivoir...

Côte d’Ivoire’s Fuel Price Cuts Haven’t Slashed Transport Costs–Yet
04

In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...

In Five Years, Francophone Africa Will be A Major Force in African Tech –Régis Bamba
05

• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...

Israel-Iran conflict raises new threats for global shipping and oil trade
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.