Funding dependent on positive DFS.
UK junior looking to replicate model of main shareholder Hummingbird Resources
Company says it's on track with scoping study
Cora Gold is set to release a scoping study and maiden MRE for its Sanankoro discovery in Q4.
Finds raised through subscription and placing of 35.1M shares
Preliminary metallurgical test work programme indicates up to 97% gold recovery
AC and RC drilling shows correlation with previous reconnaissance drilling
Drill programme results show good correlation to historical drilling
Junior mining sector looking for options as spotlight sticks to gold mid-tiers and majors
Funds to be used for 2018-19 dry season exploration programme at Sanankoro
RC and core drilling successfully identified extensions to mineralised structures
Drilling campaign for the year completed before start of rainy season