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
-
Guinea-focused Asara Resources adds Matthew Sharples to board
20:54
-
Africa Drives Global Air Freight Growth in March Despite Sharply Slower Expansion
20:37
-
Cameroon taps youth input for new migration policy at Yaoundé forum
20:26
-
ECOWAS ministers endorse draft legal framework to tackle maritime crime
20:03
-
Togo employers, unions sign new interprofessional collective agreement
20:00
-
South Sudan Declines to Renew Oranto’s B3 License After Senegal Precedent
19:12
-
Record Tungsten Prices Put Rwanda Ahead of DRC and on U.S. Supply Radar
18:55
-
Yaoundé Dialogue Reframes Migration as Economic System, Puts Youth at the Centre
19:12
-
Togo plans tighter checks, digital tools to tackle uninsured vehicles
06:02
-
Spiro Partners Yango Operator to Roll Out Electric Motorbikes in Douala
05:56
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
Matthew Sharples, who has served as Asara Resources’ managing director for over a year, had not until now been directly involved in board deliberations....
South Sudan declines to renew Oranto’s oil block B3 contract Audit cites failure on seismic surveys and drilling commitments Block reopened to...
Tungsten prices surpass $3,000/tonne amid supply disruptions, China curbs Rwanda, DRC gain opportunities; Rwanda leads with higher output US...
Program targets 15,000 km roads, improving access to services Aims to boost connectivity, cut travel times, support rural economy The technical...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....