tiprankstipranks
Trending News
More News >

Cora Gold Advances Sanankoro Project Amid Strong Financial Backing

Story Highlights
Cora Gold Advances Sanankoro Project Amid Strong Financial Backing

Confident Investing Starts Here:

The latest update is out from Cora Gold ( (GB:CORA) ).

Cora Gold Limited has announced its final audited results for 2024 and plans for its 2025 Annual General Meeting. The company is transitioning its Sanankoro Gold Project in Mali into a producing mine, with a significant increase in its mineral resource estimate and ongoing work to update its Definitive Feasibility Study. The company has strengthened its financial position through investor support and a recent fundraise, and has restructured its board to support future development. The partial lifting of a moratorium on mining permits in Mali is expected to aid in obtaining necessary permits for Sanankoro, potentially enhancing the project’s economics amid high gold prices.

More about Cora Gold

Cora Gold Limited is a mining company focused on gold exploration and development in West Africa, specifically in the Yanfolila Gold Belt in Mali and the Kédougou-Kéniéba Inlier gold belt in Senegal. The company aims to discover, delineate, and develop economic ore bodies through systematic exploration, with a management team experienced in making multi-million ounce gold discoveries.

Average Trading Volume: 673,779

Technical Sentiment Signal: Buy

Current Market Cap: £40M

See more data about CORA stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1