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Kodal Minerals Plc
Summary
| Project: | Bougouni | |
|---|---|---|
| Deposit: | Ngoualana | |
| Location: | Mali | |
| Commodities: | Lithium | |
| Date: | 2/8/2017 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-2-2017: Kodal Minerals Plc announces an Exploration/Drilling Update report for its Ngoualana deposit at the Bougouni project. Drilling results incl. 28m @ 1.85% Li2O from 72.0m. Kodal Minerals plc, the mineral exploration and development company focusse | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bernard Aylward (Not stated) | |
| ABSTRACT: | Kodal Minerals plc, the mineral exploration and development company focussed on West Africa, is pleased to announce the receipt of the final assay results for all drill holes from the first reverse circulation ("RC") drilling programme at the Bougouni Lithium Project ("Bougouni"), Southern Mali. Bernard Aylward, CEO of Kodal Minerals, said: "We are very pleased to report these final results confirming the high-grade lithium mineralisation at Ngoualana. This prospect is continuing to exceed our expectations with the wide intersections of spodumene rich pegmatite remaining open along strike and at depth. The drilling programme has also intersected a series of parallel and subsidiary pegmatite veins that are also returning high grade mineralisation. "Kodal's exploration programme is continuing on site with trench sampling targeting several of the new prospects identified by our rock chip and geological reconnaissance. These targets will be included in the follow-up drilling programme that is planned to commence as soon as possible. "Our exploration programme is focussed on advancing the Bougouni Lithium Project as rapidly as possible. We have been collecting samples for preliminary metallurgical testing, and testing multiple targets to ensure we fully evaluate the project. The aim of our expanded exploration programme is to establish a maiden resource for the project as soon as possible and assess development opportunities." | |
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