JOHANNESBURG (miningweekly.com) – West Africa-focused gold exploration company Cora Gold’s wholly owned subsidiary Cora Gold Mali has entered into a contract with Target Drilling for the supply of aircore (AC), reverse circulation (RC) and diamond core drilling services at its flagship Sanankoro gold discovery in South Mali.
The drilling programme, which will include 15 000 m of AC and RC drilling and up to a further 1 000 m of diamond core drilling, is expected to begin at the end of November.
The use of a multipurpose drill rig provides flexibility, enabling the geological team to switch from AC and RC, and to diamond core, as and when required.
"I am delighted that we have been able to progress the appointment of our drilling contractor ahead of schedule and so rapidly after our admission to Aim earlier this month. Target Drilling has a record of working in partnership with exploration teams and we look forward to a productive relationship.
“We are eager to commence exploration at the exciting Sanankoro gold discovery as soon as is practical as we believe it has the potential for a standalone mine development," CEO Jon Vorster said in a statement on Tuesday.
The drilling programme will have a phased approach, allowing assay results to be received and evaluated, before progressing to the next stage. Drilling is expected to conclude towards the end of the second quarter of 2018.