Cora Gold Limited / EPIC: CORA.L / Market: AIM / Sector: Mining
19 June 2023
Cora Gold Limited
('Cora' or 'the Company')
Publication of Annual Report
Cora Gold Limited, the West African focused gold company, confirms that further to the announcement of 22 May 2023, the Company's Annual Report 2022, including the consolidated financial statements for the year ended 31 December 2022 and the Notice of 2023 Annual General Meeting as approved by the board of directors on 19 May 2023, was notified and mailed to shareholders on 22 May 2023.
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For further information, please visit http://www.coragold.com or contact:
| Bert Monro Craig Banfield | Cora Gold Limited | |
| Christopher Raggett Charlie Beeson | finnCap Ltd (Nomad & Joint Broker) | +44 (0)20 7220 0500 |
| Susie Geliher Isabelle Morris Will Turner | St Brides Partners (Financial PR) |
Notes
Cora is a West African gold developer with two de-risked project areas within two known gold belts in Mali and Senegal. Led by a team with a proven track record in making multi-million ounce gold discoveries that have been developed into operating mines, its primary focus is on developing the Sanankoro Gold Project in the Yanfolila Gold Belt, southern Mali, into an open pit oxide mine. Based on a gold price of US$1,750/oz and a Maiden Probable Reserve of 422 koz at 1.3 g/t Au the project has strong economic fundamentals, including 52% IRR, US$234 million Free Cash Flow over life of mine and all-in sustaining costs of US$997/oz.
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