Cora Gold Ltd. (GB:CORA) has released an update.
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Cora Gold Ltd. reports a solid first half of 2024, with significant reduction in debt through voluntary conversion of convertible loan notes and repayment of outstanding amounts, enhancing the company’s working capital. Progress on their Sanankoro Gold Project in Mali is paired with the discovery of promising gold mineralisation at the Madina Foulbé permit in Senegal. While navigating a government moratorium on permit issuance in Mali, Cora Gold maintains a positive outlook bolstered by a strong cash position and optimistic market conditions.
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