Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Cora Gold swung to a full-year loss as it continued to prove up its Sanankoro gold discovery in southern Mali.
Pre-tax losses for the year through December amounted to $837k, compared to losses of $3.6m on-year.
'Work undertaken in 2018 has enabled the Company to continue to advance the Sanankoro gold discovery and we are looking forward to commencing a 6,000m drilling campaign with the objective of establishing a maiden gold oxide mineral resource estimate by the fourth quarter of 2019 ahead of the delivery of a scoping study,' chief executive chief executive Jonathan Forster said. said.
'Following our recent fundraise of £1.35m, which was supported by existing shareholders and various board members, we are well funded to complete this work.'
At 1:24pm: (LON:CORA) Cora Gold Limited Ord Npv Di share price was 0p at 3.9p