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.
Live News
-
Egypt Licenses Tpay to Enable Mobile Payments for Government Services
06:44
-
Botswana Grants New Copper License to Reduce Reliance on Diamonds
06:41
-
Tunisia Targets Sharp Rise in Orange Exports to France in 2025/2026
06:39
-
Kenya Raises $311 Million to Upgrade Power Transmission Network
06:36
-
Cameroon risks CFA165bn in tax losses from illegal gold exports
16:29
-
Togo Advances Creation Of National Land Agency
16:25
-
Togo Nears Access To China’s Soybean Market
16:21
-
Cameroon nears deal for long-delayed Ngaoundéré solar power plant
16:18
-
Lomé International Fair 2025 Sees Record Turnout, Stronger B2B Activity
13:35
-
Togo: World Bank Approve $150M to Support Private Investment, Job Creation
13:32
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...
This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...
Investment bank BCID-AES established in Bamako Bank aims to fund infrastructure, agricultur...
Standard Bank extended a USD 138 million facility to STEP, acting as sole arranger and advisor to ...
Egypt licenses fintech Tpay as the country’s approved Direct Carrier Billing provider for government payments Citizens can pay electricity bills,...
Tunisia plans to export 15,000 tonnes of Maltese oranges to France in the 2025/2026 season Projected shipments exceed the previous season’s...
In Nigeria, as in much of Africa, weaknesses in the seed sector remain a major constraint on the productivity of staple crops such as rice and maize. As...
Guinea suspended demurrage fees at the Port of Conakry from December 15 to January 31. The move aims to limit the impact of port costs on consumer...
(FEZ–MEKNES REGION) - As AFCON 2025 approaches: the Fez-Meknes region is emerging as one of Morocco’s most strategic tourism hubs, offering strong...
In line with a broad movement acknowledging colonial-era spoliations and seeking to rebalance cultural relations between Africa and Europe, countries such...