Cora Gold Ltd has made key appointments related to the definitive feasibility study (DFS) it is carrying out on the Sanankoro gold project in southern Mali, bringing SENET, CSA Global and Epoch Resources into the study team, as well as naming Russell Bradford as Project Manager.
SENET, a DRA Global group company, has been appointed as independent project manager to oversee the critical elements of the DFS, while CSA Global, a member of the ERM group of companies, will be the geological and mining consultant, tasked with managing the updated mineral resource estimate and mining study. Epoch Resources has been appointed to oversee the tailings storage facility of the DFS.
The DFS will build upon the January 2020 scoping study, which outlined average annual production from Sanankoro of 45,632 oz.
Following positive metallurgical test work results in the second half of 2020, in addition to more recent positive drilling results, the company says it is likely it will look to focus on a conventional gravity/carbon in leach processing route at Sanankoro to allow higher recoveries.
Bert Monro, CEO of Cora Gold, said: “2021 has seen significant activity at Sanankoro with exceptional results reported from our largest ever drill campaign at the project. These results will support an updated mineral resource estimate in the coming months, which, in turn, will be used as the basis for our DFS aimed at outlining the optimum route to develop Sanankoro into a new gold mine in Mali.
“Last year’s scoping study highlighted the potential high returns for Sanankoro and fuelled our confidence in Sanankoro’s strong fundamentals, and the company looks forward to publishing the DFS in the first half of 2022.”