Bert Monro retweeted
CEO @bertmonro has had a productive visit to Mali this week, catching up with the team, meeting stakeholders and preparing for work programmes on the ground.
#Cora #GoldExploration #GoldMining
Bert Monro retweeted
Welcome to the latest Ticker TV interview. We are joined today by @bertmonro, CEO at Cora Gold (AIM:CORA), the West Africa-focused gold company.
Cora’s flagship gold project is Sanankoro in Southern Mali, where the company have just published a very positive Definitive Feasibility Study which lays out a strong economic case for an open pit gold mine to be built.
- 26% increase in reserves to 530,000 gold ounces
- 10 year mine life (and potentially 15)
- 1.5 million tonne a year open pit oxide gold mine planned
- 65,000 ounces of gold production for first 5 years
- $7M per annum free cash flow at $2,750 gold price
- Life of mine free cash flow of just under $500M
To hear more details of the DFS and the Sanankoro gold project please watch @DonaldLeggatt interview Bert Monro here: youtu.be/BZAWBcn4wzM
@cora_gold @StBridesP @_samdb @conkers3 #CORA #GOLD
Well done to the Cora team and consultants who have delivered an excellent DFS. 10 year Reserve mine life and a 65% IRR at US$2,750 gold!
CEO @bertmonro on the updated DFS and Resource for our Sanankoro #gold project.
2025 DFS economics (post tax, based on a gold price of US$2,750/oz):
• 65% internal rate of return
• 1.1 year payback period
• US$479m free cash flow over life of mine
• US$67m pa average FCF in first 5 years
• US$221m NPV8
• US$948/oz LOM cash cost and US$1,478/oz LOM all-in sustaining costs
• 10.2 years Reserve mine life
• 47 koz pa average production LOM
• 64 koz pa average production in first 5 years
• US$124m pre-production capital cost (including mining pre-production & contingencies)
Bert Monro retweeted
With the DFS nearing completion, @bertmonro is in Mali engaging with the wider Cora team, local stakeholders and the Malian Government as the company continues to make progress across multiple fronts. #CORA #GOLD
Bert Monro retweeted
Cora is pleased to announce its unaudited interim results for the six months ended 30 June 2025, which can be found on the company's website: coragold.com/category/compan… #CORA
Bert Monro retweeted
Cora is pleased to announce its 2024 final results.
🏗Transitioning the flagship Sanankoro #Gold Project into a producing mine.
⚖+1 million ounce MRE – a 26% increase in tonnage and a 13% increase in contained metal compared to 2022.
✅Updated DFS is scheduled for 2025.
🤝 Ongoing active engagement with the mining administration in Mali with a view to being issued a mining permit for Sanankoro.
✅2,018m reconnaissance drill programme at Madina Foulbé (Senegal) confirmed large scale gold mineralisation potential.
🪙 Strengthened working capital position with strong investor support.
Bert Monro retweeted
The #CORA exploration team has just returned from our Madina Fulbe project in Senegal. Soil and grab sampling was conducted around orpaillage sites at new targets, as well as around the best drill intersections at Tambor.
The collected samples will be analysed for multi-element geochemistry, leading towards future drill hole planning.
Bert Monro retweeted
Strong progress at the market gardens that Cora has sponsored near our permit area (Faragouagnian and Sanankoro Villages), with a variety of vegetables coming along nicely.
These gardens are part of our ongoing commitment to making a positive impact on the lives of people living near our project areas.
Bert Monro retweeted
CEO @bertmonro announces the appointment of SENET to oversee an updated DFS at #Cora's flagship Sanankoro #Gold Project.
The previous DFS was based on a US $1,750/oz gold price, so with record highs currently around US$3,000/oz, the update is expected to significantly enhance Sanankoro's already strong cash flow projections.
Enjoyable start to the day waving off the @cora_gold exploration team as they head off for Madina Fulbe, Senegal. Good luck / bonne chance!
Bert Monro retweeted
With Mali’s mining permit moratorium partially lifted, #CORA is focused on securing permitting for Sanankoro’s open-pit oxide mine as swiftly as possible.
Following a permit re-drawing exercise, Cora will submit a mining permit application covering parts of the Bokoro II, Kodiou, and Sanankoro II exploration permits.
londonstockexchange.com/news…
Bert Monro retweeted
#Cora is pleased to announce that the Government of Mali will partially lift the mining title suspension from 15 March 2025. This marks a significant step forward for advancing permitting at our Sanankoro Gold Project in south Mali.
To read more: irtools.co.uk/23/story/b06e2…
Good to be in Mali last week seeing the team, catching up with various stakeholders and taking the chance to present to the @YNetwork22530 in #Bamako
Bert Monro retweeted
Bert Monro retweeted
Cora is delighted to welcome Adam Davidson as an Independent Non-Executive Director. Adam's extensive experience spans a breadth of jurisdictions and commodities across the natural resources sector — which will be advantageous as we seek to commence mine construction at Sanankoro.
#Gold #CORA
Great summary from our Head Geo, Murray Paterson! Thanks for the update and a big thanks to all the exploration team on the positive progress in Senegal so far this year.
#CORA's Head Geo, Murray Paterson, gives a brief explanation of the results from the multi-element analysis conducted at our Madina Foulbé #gold project.
Full RNS: irtools.co.uk/23/story/89c85…
Bert Monro retweeted
#CORA CEO @bertmonro sat down with @proactive_UK to discuss the latest updates on our Sanankoro #gold project and Mali’s new mining code.
proactiveinvestors.co.uk/com… $CORA
