Cora Gold Ltd. said March 14 that initial drilling is underway at its Tekeledougou gold project in Mali. The program is expected to total 2,000 meters.
Drilling will focus on confirming and extending mineralization at two prioritized targets, one of which covers more than 600 meters of strike of a veined shear structure and the other with about 200 meters of strike. Both areas have been subject to artisanal mining.
According to Cora Gold, any significant discovery at Tekeledougou could provide early cash flow by using the treatment plant at the nearby Yanfolila gold mine. Yanfolila is operated by Hummingbird Resources Plc, which has a 33.85% stake in the company.
