Cora Gold Limited (LSE:CORA) has reported additional drilling results from its 2026 mineral resource growth programme at the Sanankoro Gold Project in southern Mali, identifying gold mineralisation beyond the boundaries of the existing resource model at the Selin deposit.
The latest results cover 21 reverse circulation (RC) drill holes targeting extensions to the main mineralised zone and a separate western zone. The company reported multiple gold intercepts across both areas, with drilling indicating continuity of mineralisation outside the currently modelled resource.
Cora said the results suggest that gold mineralisation remains open at depth, providing additional targets for resource evaluation as the company continues its exploration programme.
The Sanankoro project currently has a reported mineral resource of 1.044 million ounces of gold and a projected mine life of 10.2 years.
Drilling Identifies Extensions to Selin Gold Mineralisation
The latest drilling programme focused on extending the known mineralised areas at Selin, one of the deposits within the wider Sanankoro Gold Project.
Cora completed 21 RC drill holes, with results identifying mineralisation in both the main Selin zone and an underexplored western area described as a blind zone.
The western zone contains mineralisation that had not previously been incorporated into the existing resource model, while drilling in the main zone identified additional mineralised intervals at greater depths.
According to the company, the results indicate continuity of gold mineralisation and suggest that further extensions may be present below the currently defined resource boundaries.
The newly identified intervals will be assessed as part of the company’s ongoing geological modelling and mineral resource evaluation.
Additional Mineralisation May Contribute to Resource Update
Cora expects the results from the Selin drilling programme to contribute to potential additions to the project’s inferred mineral resources following further modelling.
The company is evaluating mineralisation in the western zone alongside deeper extensions to the main Selin deposit to determine their potential inclusion in future resource estimates.
Any additional resources could be considered in subsequent open-pit optimisation studies, although the impact on mine design, project economics and mine life has not yet been established.
The latest results follow previously reported high-grade gold intercepts from Zone B, another target within the Sanankoro project.
Assay results from several additional exploration zones remain outstanding and are expected to provide further information for the company’s resource growth programme.
Sanankoro Resource Currently Stands at 1.044 Million Ounces
The Sanankoro Gold Project has a reported mineral resource of 1.044 million ounces of gold, with a projected mine life of 10.2 years based on existing development plans.
Cora’s 2026 drilling programme is designed to investigate extensions to established deposits and assess additional exploration targets near the existing resource areas.
The company is seeking to increase the defined mineral resource through drilling, geological interpretation and subsequent resource modelling.
The Selin results form part of this work, with mineralisation identified beyond the current model requiring further assessment before any additional ounces can be incorporated into an updated resource estimate.
Further Assay Results and Resource Modelling Planned
Cora is continuing its assessment of the 2026 exploration results, including the newly identified mineralisation at Selin and previously reported drilling from Zone B.
Outstanding assay results from other exploration zones will also be considered as the company evaluates potential additions to the Sanankoro resource base.
The programme is focused on defining the extent of gold mineralisation within and around existing deposits, with particular attention to extensions that could be incorporated into future mine planning.
Cora has not provided a quantified estimate of additional gold resources arising from the latest 21 drill holes.
Further geological modelling and resource estimation work will be required to determine whether the newly identified mineralised zones can contribute to an updated resource statement or changes to the project’s existing 10.2-year mine life.
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