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Kodal Minerals Plc
Summary
| Project: | Bougouni | |
|---|---|---|
| Deposit: | Ngoualana, Sogola-Baoule, Bougouni | |
| Location: | Mali | |
| Commodities: | Lithium | |
| Date: | 6/20/2017 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-6-2017: Kodal Minerals Plc announces an Exploration/Drilling Update report for its Ngoualana, Sogola-Baoule, Bougouni deposit at the Bougouni project. Drilling results incl. 28m @ 1.96% Li2O from 178m. Kodal Minerals plc, the mineral exploration and de | |
| 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 further 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"). Bernard Aylward, CEO of Kodal Minerals, said: "These assay results continue to confirm the high-grade and consistent mineralisation of the Ngoualana pegmatite that currently remains open along strike and at depth. We have completed a programme of diamond drilling to provide the best quality geological information and we are extremely pleased to report that the diamond core confirms the width of the pegmatite intersected in the RC drilling and highlights the consistency of the vein. Furthermore, the multiple parallel and subsidiary veins are also demonstrating continuity of strike that will add to the potential for mining. "In addition to this major drilling campaign, we have been undertaking metallurgical testing and a review of the logistics for mining in the Bougouni region. Our exploration is at an early stage, however we are ensuring that we are maintaining a very fast pace to move rapidly through the mining development phases."Kodal is well funded to maintain this aggressive exploration and development phase of the project and we are delighted with the support received from our major shareholder Suay Chin International Pte Ltd assisting in this focus on the Bougouni Lithium project." | |
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