By: Energy capital & power

Mining firm Cora Gold Limited has announced the results of its latest exploration program at the Madina Foulbé Exploration Project in Senegal, confirming large-scale gold mineralization. The company was targeting the Tambor, Tombolo South, Madina and Diombalou deposits, with results assisting in refining and identifying new targets.

Under the exploration program, four key zones at the Tambor prospect have been identified and two high-grade zones at the Tombolo South prospect. The company also discovered surface gold mineralization at the Madina and Diombalou targets.

“Work at Madina Foulbé continues to show the promising potential of a large gold rich system. The results received to date are even more significant due to the project’s location in a geological province proven to be elephant country as evidenced by the presence of multiple world-class gold deposits,” stated Bert Monro, CEO, Cora Gold.

The ongoing exploration program builds on drilling activities conducted in 2024 and aims to unlock new deposits for future development.

“With four strong gold anomalies identified at Madina Foulbé – all of which have yielded encouraging results from early-stage exploration – we are seeing highly encouraging signs of significant underlying gold systems. This is an exciting drill target in an easy to explore area, and we are eager to pursue further exploration activities with a view to expanding our global resource inventory,” added Murray Paterson, Head of Geology at Cora Gold.