REG - Cora Gold Limited - Publication of Annual Report

Cora GoldAnnouncement

19/06/2023 15:30

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RNS Number : 2024D  Cora Gold Limited  19 June 2023

 

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.

 

* * ENDS * *

 

For further information, please visit http://www.coragold.com
(http://www.coragold.com/) or contact:

 

 Bert Monro             Cora Gold Limited              info@coragold.com (mailto:info@coragold.com)

 Craig Banfield
 Christopher Raggett    finnCap Ltd                    +44 (0)20 7220 0500

 Charlie Beeson         (Nomad & Joint Broker)
 Susie Geliher          St Brides Partners             pr@coragold.com (mailto:pr@coragold.com)

 Isabelle Morris        (Financial PR)

 Will Turner

 

 

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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