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Cora Gold Ltd - West Africa-focused gold explorer - In the first half of 2022, interim loss widens to $954,000 from $716,000 a year before. Records no revenue. Notes ongoing progress at its flagship Sanankoro gold project, expecting its definitive feasibility study to be completed in the third quarter of the year. Finishes the period with $2.0 million cash, compared to $5.4 million at the end of December.
‘New discoveries made during [the first half] in close proximity to existing resources at Sanankoro also show that there is plenty of potential to find new deposits in the future as we remain in the early stages of developing the exploration potential across the Sanankoro area,’ says Chief Executive Officer Bert Monro.
Current stock price: 4.64 pence, up 9.3% on Monday
12-month change: down 73%
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