Cora secures $21m term sheet to fund Sanankoro construction

West Africa-focused Cora Gold has signed a $21-million mandate and term sheet with investment firm Lionhead Capital Advisors, to fund the future development of its flagship Sanankoro gold project in southern Mali. This is conditional on, besides other matters, the completion of a definitive feasibility study (DFS) on the project before the end of 2021.