| Sanankoro Project Area | |
|---|---|
| Location | Yanfolila Gold Belt, south Mali |
| Project Area | Five contiguous permits (Bokoro II, Bokoro Est, Dako II, Kodiou & Sanankoro II) covering approximately 342 sq km |
| Gold Mineralisation | Oxides up to 207m depth & high-grade sulphides identified at depth |
| Definitive Feasibility Study (2025) |
(based on a gold price of US$2,750/oz; announcement 3 September 2025) |
| Updated Ore Reserve (2025) | 14.6 Mt at 1.13 g/t Au for 531 koz
(based on a gold price of US$2,200/oz; announcement 3 September 2025) |
| Mineral Resource Estimate (2024) | 31.4 Mt at 1.04 g/t Au for 1,044 koz, comprising:
(based on a gold price of US$2,400/oz; cut-off grade 0.3 g/t Au; announcement 15 January 2025) |
| Additional Exploration Target (2022) | 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 2025.
Sanankoro Timeline
Sanankoro Financing
In April 2026 Cora entered into a binding term sheet with Eagle Eye Asset Holdings Pte. Ltd. ('Eagle Eye'), its largest shareholder, for a US$120 million gold stream (the ‘Stream’) to support the development of the Sanankoro Gold Project through to production. Under the Stream, Eagle Eye will be entitled, for the life of mine, to purchase 30.44% of gold production (reducing to 15.22% if 50% of Stream is drawn) at a price equal to 20% of the prevailing spot gold price. The Company retains the right, for a period of up to 240 days following receipt of all required approvals, to replace 50% of the Stream with traditional senior debt. The binding term sheet remains subject to certain conditions, including the negotiation & execution of definitive documentation, & receipt of any regulatory approvals identified during due diligence.