Over Two Km Of Mineralised Strike Identified In Mali
West African focused gold company Cora Gold Limited (AIM:CORA:L) has received further drill results in Mali.
The company is successfully drilling at both the Dako II permit, contiguous with its flagship Sanankoro Gold Project and the Tagan permit, adjacent to the north of the Hummingbird Resources Plc Yanfolila Mine, in southern Mali
The Dako II drilling, which lies immediately to the south of Sanankoro, builds on the discovery made there last year. The Tagan drilling is the follow-up of a small rotary air blast (RAB) programme drilled June 2019.
Highlights:
Dako II preliminary results include:
- 9m @ 2.74 g/t Au in hole DC0035
- 21m @ 1.48 g/t Au in hole DC0030
- 21m @ 0.75 g/t Au in hole DC0031
CEO, Bert Monro, said the style of mineralisation at Dako II is similar to Zone A at Sanankoro, being fold and high angle, reverse, thrust faulting within high angle dipping fine grained pelitic and psammitic sediments
The campaign has1,834 m of drilling completed over 22 holes, with +2 km of mineralised strike length now identified at Dako II
More than three km of surface mineralisation remains untested by drilling
Upon completion of Dako II, the rig moved to drill a short RAB-style air core (‘AC’) programme on the Tagan Permit in our Yanfolila North Project.
Tagan results include:
- 9m @ 1.23 g/t Au in hole TAC0014
- 24m @ 0.51 g/t Au in hole TAC0015
Multiple parallel +1 km mineralised structures have now identified at the Tagan No. 1 Prospect as the NW strike extension of Sanioumale West Shear on the Yanfolila Mine permit.
“We are delighted to have followed up last year’s discovery at Dako II with further promising results. Seeing the footprint of the Dako II continuing to grow is exciting and having over +3 km of surface mineralisation still to be drilled offers the potential for even more,” Mr Monro said.
“Dako II is 7km south of our resources at Sanankoro and we would hope to see this discovery turn into part of the future resources and mine plan for the Project.”
