For thousands of other reports visit RSC's Mineral Intellingence Map
Kodal Minerals Plc
Summary
| Project: | Bougouni | |
|---|---|---|
| Deposit: | Ngoualana | |
| Location: | Mali | |
| Commodities: | Lithium | |
| Date: | 8/11/2017 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-8-2017: Kodal Minerals Plc announces an Exploration/Drilling Update report for its Ngoualana deposit at the Bougouni project. Drilling results incl. 41.5m @ 1.71% Li2O from 45.89m. Kodal Minerals plc, the mineral exploration and development company foc | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bernard Aylward (Internal) | |
| ABSTRACT: | Kodal Minerals plc, the mineral exploration and development company focussed on West Africa, is pleased to announce the results of the diamond core drilling completed at the Ngoualana prospect, located at the Company's Bougouni lithium project in Southern Mali ("Bougouni" or the "Bougouni Project"). Bernard Aylward, CEO of Kodal Minerals, said: "These diamond core drill results provide us with a high-level of confidence in the information captured from the earlier reverse circulation ("RC") drilling, and continue to demonstrate the high-grade mineralisation and continuity of the Ngoualana prospect. We will continue with the metallurgical testing of the diamond core to improve our understanding of the characteristics of the mineralisation. We anticipate being able to extend this prospect when we recommence drilling following the rainy season. "We are continuing with our field programme with our geological team at Bougouni preparing for the ground magnetic survey that may assist in delineating key structures and controls on mineralisation around the Ngoualana prospect, as well as planning for a very busy field season ahead. We are well funded and have strong support to maintain the rapid exploration and delineation programme." The Bougouni Project consists of two concessions, the Kolassokoro and Madina concessions, which cover a contiguous area of 500km2. The project area is located approximately 180km south of Bamako, the capital of Mali, with excellent access to the project via sealed road from Bamako. Kodal has been exploring the concessions since September 2016 and has completed a series of geological reconnaissance, rock chip sampling, geophysical review, trench sampling and RC and diamond drilling. The exploration activities continue to enhance the project, with numerous exploration targets developed and drill results confirming high-grade mineralisation. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report