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Kodal Minerals Plc
Summary
| Project: | Bougouni | |
|---|---|---|
| Deposit: | Ngoualana | |
| Location: | Mali | |
| Commodities: | Lithium | |
| Date: | 2/13/2018 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-2-2018: Kodal Minerals Plc announces an Exploration/Drilling Update report for its Ngoualana deposit at the Bougouni project. Drilling results incl. 24m @ 1.58% Li2O from 115m. Kodal Minerals plc, the mineral exploration and development company focusse | |
| 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 provide the final drilling assay results received for the extension drill testing at the Sogola-Baoule prospect at its Bougouni Lithium Project located in southern Mali ('Bougouni'). Bernard Aylward, CEO of Kodal Minerals, said: "The Sogola-Baoule prospect is the second target that we have now been able to drill test over a consistent strike length at the Bougouni Project. The initial geological mapping and surface sampling indicated multiple pegmatite veins in close proximity, and this has been confirmed by our drilling where all holes are returning multiple mineralised intersections. The geological interpretation is showing continuity of high-grade pegmatite bodies that currently remain open along strike. The proximity of multiple pegmatite bodies is significant and could have a positive impact on scaling opportunities for future development. "As our exploration campaign continues at Bougouni we anticipate further results from the Ngoualana prospect where geological logging of drill holes indicates further strike extensions, and geological reconnaissance has located evidence of pegmatite bodies beyond the current drilling. "These exploration drilling results, combined with the geological reconnaissance highlight multiple priority targets that continue to suggest a "Mining Hub" can be developed at Bougouni, and our campaign of drilling, metallurgy and bulk sample excavation will provide critical information for this scenario to be tested. We anticipate further newsflow over the coming months as exploration carries on at a rapid rate." | |
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