For thousands of other reports visit RSC's Mineral Intellingence Map
Kodal Minerals Plc
Summary
| Project: | Bougouni | |
|---|---|---|
| Deposit: | Ngoualana | |
| Location: | Mali | |
| Commodities: | Lithium | |
| Date: | 5/19/2017 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-5-2017: Kodal Minerals Plc announces an Exploration/Drilling Update report for its Ngoualana deposit at the Bougouni project. Drilling results incl. 47m @ 1.51% Li2O from 32m. Kodal Minerals plc, the mineral exploration and development company focussed | |
| 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 wide, high-grade lithium mineralised drill intersections from the 'Ngoualana Prospect', located at the Company's Bougouni lithium project in Southern Mali ("Bougouni" or the "Bougouni Project"). In addition, the Company is reporting final drill results for the first-pass drilling at the Orchard Prospect at Bougouni that has also returned significant lithium intersections. Bernard Aylward, CEO of Kodal Minerals, said: "The consistently high grade results delivered from exploration across our Bougouni Lithium Project have been further underpinned by the wide, high-grade lithium mineralised drill intersections reported from Ngoualana. "Our drilling programme was designed to target strike and depth extensions of the pegmatite vein, and we now have confirmation of a continuous unit extending for over 500m of strike and greater than 200m in depth, with the prospect remaining open in all directions. The wide, high-grade nature of the intersections is particularly encouraging for the potential to develop this prospect further. The drilling programme that commenced in March 2017 targeted three exploration prospects - Sogola-Baoule, Boumou and Orchard. With these promising results at the Orchard prospect announced today, we are extremely pleased to report that each prospect has demonstrated high-grade lithium mineralisation that justifies further drill testing to determine potential to support development at Ngoualana. The Bougouni Lithium project is demonstrating very high prospectivity with numerous exploration targets and mineralised pegmatite veins that support the strategy of developing a mining hub with multiple sources supporting a main operation at Ngoualana.” | |
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