Cora Gold Limited announce that it has completed the drilling phase of its exploration drill programme at the Madina Foulbé gold permit within the Kenieba Project Area ('the Project') in east Senegal. The permit is in close proximity to several Tier 1 gold deposits located within the Mako Geological Belt of the Kédougou-Kéniéba Inlier. The Madina Foulbé permit in Senegal is approximately 27km directly west of the Sadiola Gold Mine and close to several other Tier 1 deposits (Loulo, Gounkoto, Fekola) in the gold belt known as Kédougou-Kéniéba Inlier ('KKI').

Two operators within the KKI have recently been acquired, including Chesser Resources Limited purchased by Fortuna Silver Mines Inc. in May 2023 for USD 60 million, 860koz @ 1.77 g/t Au; and Oklo Resources Limited purchased by B2Gold Corp. in May 2022 for USD 66 million, 668koz @ 1.83 g/t Au. Within the Madina Foulbé permit are 5 exploration targets - Tambor, Dalaoule and Tombolo South targets are located on the eastern side of the permit, all are proximal to the regional North-South trending structure cutting through the permit; and the Madina and Diombalou South targets which straddle a large North - South structure on the Western side of the permit.

These targets were a result of gold in soil sampling programmes by Cora and Toro Gold Limited. Some ICP-MS data exists from a small soil sampling programme in which evaluation of the multi-element data has defined a large (+5km) and anomalous Cu & Fe anomaly in the South/East of the permit over the Tombolo South target which combined with the anomalous gold values and geological contacts makes this area a highly prospective target as well.