logo-loader
viewCora Gold Limited

Cora Gold - Refilling the Development Pipeline for Producers in West Africa

Fast-track gold projects are few and far between and projects with relatively low capital expenditures are rarer still. While nothing is guaranteed it looks as if Cora Gold, on the basis of exploration work at Sanankoro that is already done and is to be reported shortly, could be in a position to pursue a smaller scale operation in the fairly short term, moving up to a larger operation in the medium term at its Sanankoro project. Management is targeting completion of a scoping study for a smaller scale development by the end of the fourth quarter of 2019.

Meanwhile at Tekeledougou the synergies from establishing a satellite pit to Hummingbird's Yanfolila mine look evident.

Beyond the projects with short term production potential, the company has some second-string projects close to other major mines along the Guinea/Senegal/Mali border regions.

Quick facts: Cora Gold Limited

Price: 5.875 GBX

AIM:CORA
Market: AIM
Market Cap: £7.62 m
Follow

What's in the report?

Financial results and forecasts
Growth drivers
Management
Market conditions
Milestones & inflection points

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Cora Gold Limited named herein, including the promotion by the Company of Cora Gold Limited in any Content on the Site, the Company receives...

FOR OUR FULL DISCLAIMER CLICK HERE

LEGAL NOTICE – IMPORTANT – PLEASE READ:

Proactive Research is a trading name of Proactive Investors Limited which is regulated and authorised by the Financial Conduct Authority (FCA) under firm registration...

FOR OUR FULL DISCLAIMER CLICK HERE

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

Watch

Full interview: "Promising project" for Cora Gold

Cora Gold (LON:CORA) CEO Bert Monro talks Proactive London through the latest scoping study and explains for investors what the payback period will be on the capital expenditure earmarked for the Mali asset. Monro says, “We have the start of a really promising project”. Cora is focussed on two...

1 week, 1 day ago

19 min read