Cora Gold Ltd. · LSE:CORA
Cora Gold — Investor Presentation (November 2019)
17 slides from Cora Gold's investor presentation, November 2019
Slide 1: Discovering Gold in West Africa
AIM:CORA Discovering Gold in West Africa Corporate Presentation Q4 2019
Slide 2: Disclaimer
Disclaimer The information being released by the Cora Gold Limited (the "Company") today & attached to the RNS (the “Materials”) are being released to provide additional information with respect to the business of the Company. The Materials are not intended to form, & shall not be treated as, the ba
Slide 3: Overview
Overview LARGE FOOTPRINT SIGNIFICANT DISCOVERY PROVEN TEAM >1,400km2 of land across Sanankoro Gold Discovery which Track record of discovery and known gold belts has standalone mine potential depth of experience in Africa IMPRESSIVE REGISTER COMPARATIVELY UNDERVALUED Supportive, high calibre Current
Slide 4: Project Portfolio
Project Portfolio Portfolio of prospective gold assets across Mali & Senegal KENIEBA WINDOW, WEST MALI YANFOLILA BELT, SOUTH MALI Cora Gold – Corporate Presentation Q4 2019 3
Slide 5: A Team to Deliver
A Team to Deliver BOARD MANAGEMENT Craig Banfield | Chief Financial Officer gggggggggggggggg and Company Secretary +25 years operating in Africa Ed Bowie| Chairman +23 years operating in Africa Bert Monro | Business Development +10 years operating in Africa Jon Forster | Chief Executive Officer +35
Slide 6: Investors and Valuation
Investors and Valuation AT A GLANCE: SIGNIFICANT SHAREHOLDERS Market Cap GBP £7.66 million Hummingbird Resources plc* 18.00% Share Price 5.87p Lord Farmer** 13.16% 52 Week Range 2.7p – 10p Key Ventures Holding Ltd*** 9.14% SP Angel Corporate Broker/Nomad Finance LLP Brookstone Business Inc*** 7.79%
Slide 7: Gold Discovery: Sanankoro
Gold Discovery: Sanankoro Key Facts Location Yanfolila Gold Belt, Southern Mali Geology 14km long surficial elevated gold anomaly Combined drill defined mineralised footprint of over 8km with >30km of structure yet to be tested Higher Grade Up to 46m @ 4.48 g/t Au returned from 2018-19 drill campaig
Slide 8: Standalone Mine Potential
Standalone Mine Potential 2018 drill campaign focused on outlining higher grade areas in order to fast track the identification of starter pits Results confirm continuous oxide gold mineralisation of potentially economic grades and widths Primary focus has been on high potential Zone A and Selin Str
Slide 9: Development at Sanankoro
Development at Sanankoro METALLURGICAL TESTWORK SCOPING STUDY Metallurgical results demonstrated that coarse ore Scoping Study to be delivered in Q4 2019 gold recoveries of up to 97%, are achievable through cyanide leach extraction Provide an indication of the operational feasibility and economic po
Slide 10: Gold Discovery: Yanfolila
Gold Discovery: Yanfolila TEKELEDOUGOU • 8km from Yanfolila Gold Plant • High grades reported: • 56m @ 2.2 g/t Au • 17m @ 6.8 g/t Au • 1m @ 35.7 g/t Au FARASSABA III, TAGAN AND SIRANIKELE • Review and prepare targets for prioritised drill testing • 4 drill ready targets HAUL DISTANCE FROM Drill Targ
Slide 11: Gold Discovery: Kenieba
Gold Discovery: Kenieba Over past two decades more than 50Moz Au discovered across 12 gold project areas Diangounte Project Area (W Mali) • within 10km of Anglogold-Ashanti Sadiola gold mine • Surface work to finalise prioritisation of drill targets Madina Fulbe (Senegal) • Reconnaissance drilling p
Slide 12: Mali
Mali Third largest gold producer in Africa Experienced local workforce Established, transparent Mining Code Improved infrastructure Cora Gold – Corporate Presentation Q4 2019 11
Slide 13: Investment Case
Investment Case STRATEGY: Confirming Sanankoro’s standalone potential in addition to further regional exploration Key Value Drivers in 2019: Maiden Mineral Resource Large footprint in Experienced team Defining the potential for a highly prospective with track record of standalone project gold region
Slide 14: Peer Comparison
Peer Comparison PEER COMPARISON: OKLO RESOURCES COMPARISON: 19.07.19 182.3 80 Significantly undervalued in comparison to peers 70 Oklo Resources Cora Gold 60 Market ASX AIM 50 Mkt. Cap £37 million £5 million 40 Pre-Resource Pre-Resource Development stage 30 Exploration Exploration 20 Land Package 1,
Slide 15: Sanankoro: Selin
Sanankoro: Selin Presence of oxide gold mineralisation of potentially economic grades and widths confirmed across prospect Over 3km of known strike and open in both directions and at depth Potential higher grade, oxide starter pits identified Cora Gold – Corporate Presentation Q4 2019 14
Slide 16: Sanankoro: Zone A
Sanankoro: Zone A 650m STRIKE LENGTH Drilling indicated continuation of broad zones of shallow, higher-grade mineralisation Results to be used to identify higher grade potential starter pits for future development Cora Gold – Corporate Presentation Q4 2019 15
Slide 17: Contact
CONTACT Jon Forster CEO [email protected] Bert Monro Business Development [email protected] coragold.com @cora_gold Cora Gold – Corporate Presentation Q4 2019 16