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Kodal Minerals Plc
Summary
| Project: | Bougouni | |
|---|---|---|
| Deposit: | Ngoualana, Bougouni South, Sogola-Baoule | |
| Location: | Mali | |
| Commodities: | Lithium | |
| Date: | 5/1/2018 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-5-2018: Kodal Minerals Plc announces an Exploration/Drilling Update report for its Ngoualana, Bougouni South, Sogola-Baoule deposit at the Bougouni project. Drilling results incl. 14m @ 1.67% Li2O from 31m. Kodal Minerals plc, the mineral exploration an | |
| 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 this update on drilling progress at the Company's Bougouni Lithium Project in Southern Mali ("Bougouni" or the "Project"). The Company is now reporting assay results for the final 19 holes drilled in 2017. Bernard Aylward, CEO of Kodal Minerals, said: "Drilling at the Ngoualana prospect has delivered consistently encouraging and predictable results, giving us great confidence for further drilling, extensions and for the assessment for future development. The presence of shallow high-grade mineralisation is very positive, and this new pegmatite intersection located to the south of the main body is extremely encouraging. Our drilling will focus on defining this new zone and we are also reviewing our geological mapping and geophysics to attempt to follow this new zone and determine the relationship to the main zone. "We have a further 17 drill holes in the lab for analysis that have been focussed on exploration and extension targets. We are continuing with the major exploration campaign and will include further geophysical studies to attempt to locate new zones of pegmatite intrusions and mineralisation. We remain fully funded to continue with our work programme, and further assay results will be reported as soon as they become available." | |
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