Portfolio of prospective gold assets
within Mali & Senegal.
Located amongst multiple operational mines.
Three principal de-risked project areas within two known gold belts in Mali and Senegal covering c.900 sq km.
Cora’s highly experienced management team has a proven track record in making multi-million-ounce gold discoveries across Africa which have been developed into operating mines.
Advancing proven gold deposits
Developing the Sanankoro Gold Project in Southern Mali as well as continued regional exploration across a portfolio of exploration permits in Mali and Senegal.
Attractive economic fundamentals
Sanankoro´s DFS and Optimised Project Economics show a 52.3% IRR and LOM free cash flow of US$234m at a gold price of US$1,750/oz.
In March 2023, as part of an up to US$30m term sheet with Lionhead, Cora closed a subscription for aggregate investments of US$19.803m principally to fund the development of Sanankoro.
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