SENET, a DRA Global group company, has been appointed by Cora Gold Limited to oversee an updated Definitive Feasibility Study (DFS) at the Sanankoro Gold Project in southern Mali.

The updated DFS, together with revised Ore Reserves, will reflect the successful delineation +1 million ounce Mineral Resource Estimate and the results of ongoing processing optimisation studies. Given the recent record high gold prices, the updated DFS is expected to significantly enhance Sanankoro’s already strong cash flow projections reported in the November 2022 DFS.

“We are excited to partner with Cora Gold on the Sanankoro Gold Project,” said Phildi Scholtz, Managing Director: SENET.

“Our extensive experience in West Africa positions us well to deliver a robust and comprehensive DFS. We are committed to leveraging our expertise to ensure the successful development of this significant project.”

SENET brings extensive regional expertise, having successfully delivered numerous projects across West Africa. The company provides end-to-end solutions in the mining and minerals processing industry, with a strong track record of executing projects efficiently and to the highest standards.

DRA Global Limited (DRA or the Company) is an international multi-disciplinary engineering, project delivery and operations management group, predominantly focused on the mining, minerals and metals industry.

The Group has an extensive track record spanning four decades across a wide range of commodities. DRA’s teams have deep expertise in the mining, minerals and metals processing industries, as well as related non-process infrastructure such as, water, and energy solutions.

DRA covers all major mining centres with offices across Africa and the Middle East, North and South America, and Asia-Pacific.