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.
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