Cora completes stage 2 drilling at Sanankoro gold discovery
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West Africa-focused goldexplorer, Cora Gold (LON:CORA), hasupdated the market on completion of the stage 2 drilling campaign at itsflagship Sanankoro gold discovery in southern Mali.
The recently completed stage 2 drillingcampaign has comprised around 5,600 metres of aircore (AC) and reversecirculation (RC) drilling. This program targeted the connection of, and shortextensions to, the north and south of zones A and B, aiming to extend the mineralisedstrike length to over three kilometres.
To date, shallow reconnaissance drilling hasbeen completed at zone C, a parallel structure west of zones A and B.
Confirmatory drilling fences into each ofzones A and B, including about 500 metres of diamond core into fresh rock.
Furthermore, drilling encountered broad zonesof quartz veining, often within a sandstone and volcanic tuff package of hostrocks, which is consistent with drilling on other parts of the mineralisedstructure. Visible gold was also observed in many panned samples at the drillrig.
Get the latest articles straight to your inboxkeep me postedTest assays have been completed using avariety of techniques in order to both mitigate the risk of sample bias and to maximisethe potential for more representative results.
Full assay results are pending.
Of course, as with all minerals exploration, success is not guaranteed -consider your own personal circumstances before investing, and seekprofessional financial advice.[J1]
CORA CEO, Dr Jonathan Forster, said: "We arewell underway with our exploration programme at Sanankoro with stages 1 and 2drilling now completed and assaying in progress."
"Drilling has continued on a reconnaissancebasis, with the 1 km long gap between zones A and B, and a new area about 500mto the west (zone C) all tested by drilling to depths of up to 10x0m.Orientated core drilling at selective points at zones A and B are designed toconfirm the drill results of Gold Fields, and also enable the company to betterunderstand controls to mineralisation."
"As with our earlier programme, weencountered broad zones of quartz stockwork along the structures tested, as wellas deep levels of weathering. Panning of samples at the rig often encounteredvisible gold, ranging from a few grains to over a hundred grains in the pan,with various levels of coarseness. This is not unusual in Birimian golddeposits and as a result, test assays have been completed using a variety oftechniques to ensure any potential sample bias in the results is managedeffectively."
"Test results have, in general, confirmed thepreference to use an assay procedure with larger sample sizes in order toprovide better correlation of gold grade with observations of visible gold."
