Cora Gold Advances Sanankoro Project with Resource Upgrade and Strategic Milestones

Cora Gold Limited (LSE:CORA) has released its unaudited interim results for the first half of 2025, reporting notable progress at its flagship Sanankoro Gold Project in Mali. The company’s Mineral Resource Estimate increased by 13%, now exceeding 1 million ounces of gold. The partial lifting of Mali’s moratorium on new mining permits has also enabled Cora to push forward with the project’s permitting process.

Further momentum has been provided by the appointment of SENET to lead an updated Definitive Feasibility Study (DFS). Recent optimization test work indicates opportunities for improved gold recovery rates and lower operating costs. Cora also reinforced its board with the appointment of Adam Davidson and secured new funding to support development plans.

With continued engagement with Mali’s mining authorities and the updated DFS scheduled for completion, the company believes it is entering a pivotal phase, with the goal of establishing a long-life, high-quality open-pit gold mine.

About Cora Gold Limited

Cora Gold Limited is a gold development company focused on West Africa, with exploration and development projects in Mali and Senegal. Its main priority is advancing the Sanankoro Gold Project in southern Mali. The company is led by a management team with a strong track record of turning multi-million-ounce discoveries into producing mines.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *