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.
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...
Egypt targets doubling oil production within five years Government renegotiates contracts to attract foreign investment Plan includes arrears...
Douala port to build 300 MW power plant CFA 628 billion BOT project backed by Chinese firms Plant aims to secure power, ease grid pressure The Port...
Gabon unveils Elobey VI for Libreville–Port-Gentil route Vessel supports river, maritime logistics strategy Route vital amid limited, poorly paved...
In volume terms, Botswana is Africa’s largest diamond producer and the world’s second largest. While Angola is unlikely to challenge that position in the...
Porlahla Festival ends third edition in Kouto, promoting Senufo culture Event draws regional and international participants, boosting cultural...
Essaouira is a coastal city in Morocco, on the Atlantic Ocean, in the Marrakech–Safi region, about two and a half hours by road from Marrakech. It stands...