Cora said results from the recently completed drill programme confirmed the presence of oxide gold mineralisation of potentially economic grades and widths was continuously developed along the entire Selin prospect length.

Highlighted results were 5.10g/t gold over 17m from 37m depth; 4.48g/t gold over 46m from 49m depth; 1.91g/t gold over 48m from 17m depth; and 2.33g/t gold over 13m from 43m depth.

The latter three highlights results ended in mineralisation.

Cora said aircore and reverse circulation drilling at Selin fitted with previous reconnaissance drilling done at the prospect and the results would be used to identify higher-grade zones that could become starter pits.

The Selin prospect currently extends over 2.4km of known strike and remains open in both directions and at depth. It is one of multiple gold zones at Sanankoro which has a combined drill defined mineralised footprint of over 8km.

CEO Jon Forster said the results highlighted the opportunity for Selin to be part of potential future development plans.

"Today's results justify our programme of focusing on higher-grade zones that could become starter pit areas for future development. Such a zone, of approximately 800m length, within the 2,400m-long gold zone, has been initially identified by systematic drilling along the Selin structure. 

"These latest results now warrant further exploration to extend along the Selin structure to both the north and the south," he said.

Cora previously entered into a joint venture agreement with Maifa Mining Corporation across the adjacent Kodiou permit, which will allow the company to extend exploration of the Selin gold zone to the north.

Forster said in particular, the evidence for higher-grades would justify Cora evaluating the sulphide potential in parallel with the extensive oxide mineralisation.