Sanankoro Gold Project | |
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Location | Yanfolila Gold Belt, south Mali |
Project Area | Five contiguous permits (Bokoro II, Bokoro Est, Dako II, Kodiou & Sanankoro II) encompassing approximately 342 sq km |
Gold Mineralisation | Oxides up to 207m depth and high-grade sulphides identified at depth |
DFS & Optimised Project Economics |
(based on a gold price of US$1,750/oz, announcement 21 November 2022) |
Maiden Probable Reserve | 10.1 Mt at 1.30 g/t Au for 422 koz (based on a gold price of US$1,650/oz, announcement 21 November 2022) |
Mineral Resource Estimate | 24.9 Mt at 1.15 g/t Au for 920 koz, comprising
(cut-off grade 0.4 g/t Au, announcement 19 July 2022) |
Additional Exploration Target | 26.0-35.2 Mt at 0.58-1.21 g/t Au for 490-1,370 koz (announcement 07 November 2022) |
Click here for an overview of the Sanankoro Project Area / Sanankoro Gold Project as at May 2023.

Sanankoro Timeline
Sanankoro Financing
On 13 March 2023, as part of a project financing arrangement with Lionhead Capital Advisors Proprietary Limited ('Lionhead'), Cora closed a subscription for aggregate investments of US$19.803m, comprising US$3.928m equity and US$15.875m convertible loan notes, to primarily fund the development of the Sanankoro Gold Project.
Lionhead | |
The consortium of investors represented by Lionhead comprises highly experienced and successful natural resources investors, including: | |
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