Cora Gold discovers two new gold zones at Tekeledougou
Source - SMW
West African focused gold exploration company Cora Gold said Tuesday it discovered two new gold zones at Woyni and Kouroudian with high-grade gold intercepts following its maiden drill programme at the Tekeledougou project in southern Mali.
Cora gold completed three drill fences over a strike length of approximately 250m at Woyoni. The drilling, which tested to a vertical depth of between 80m to 100m, identified a broad zone of quartz veining in excess of 30m in true width.
At Kouroudian, drilling was completed on four fences approximately 120m to 160m apart and identified a gold zone over a distance of approximately 500m.
'These are exciting new gold discoveries and hold great promise for further development. Some excellent grades and widths, a deep weathering profile which signifies the potential for lower cost mining, and both discoveries' proximity to an operational processing plant underpin the outstanding potential which we see at Tekeledougou,' said Dr Jonathan Forster, Cora's CEO.
At 9:24am: (LON:CORA) Cora Gold Limited Ord Npv Di share price was +1p at 12.75p