Cora Gold Advances Sanankoro Development with Financial Momentum and Strategic Shifts

 

Cora Gold Limited (LSE:CORA) has released its audited financial results for 2024 and shared key updates ahead of its 2025 Annual General Meeting. The company is actively progressing the transition of its Sanankoro Gold Project in Mali from exploration to production, underpinned by a notable upgrade to its mineral resource estimate and continued refinement of its Definitive Feasibility Study.

With the support of a recent fundraising round and ongoing investor confidence, Cora has strengthened its financial base. Additionally, the company has restructured its board to better align leadership with its evolving operational goals.

The partial lifting of a mining permit moratorium in Mali marks a favorable regulatory shift, expected to support permitting efforts for Sanankoro and potentially improve project economics, especially amid sustained high gold prices.

About Cora Gold Limited

Cora Gold is a West Africa-focused gold exploration and development company with projects in Mali’s Yanfolila Gold Belt and Senegal’s Kédougou-Kéniéba Inlier. The company’s mission is to identify and advance economically viable gold deposits through methodical exploration and experienced management, which has a proven track record of significant gold discoveries in the region.

• Average Daily Trading Volume: 673,779

• Technical Sentiment: Buy

• Market Capitalization: £40 million

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