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Kodal Minerals Plc
Summary
| Project: | Bougouni | |
|---|---|---|
| Deposit: | Sogola-Baoule | |
| Location: | Mali | |
| Commodities: | Lithium | |
| Date: | 8/22/2018 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-8-2018: Kodal Minerals Plc announces an Exploration/Drilling Update report for its Sogola-Baoule deposit at the Bougouni project. Drilling results incl. 32m @ 1.61% Li2O from 112m. Kodal Minerals, the mineral exploration and development company focusse | |
| Resources: | X | |
| CP/QP: | [Overall Report]: Bernard Aylward (Internal) | |
| ABSTRACT: | Kodal Minerals, the mineral exploration and development company focussed on the exploration and development of its Bougouni Lithium Project in Southern Mali, West Africa ("Bougouni" or the "Project"), is pleased to announce all assay results have now been received for the drilling campaign completed at Bougouni in June 2018. High-grade mineralisation has been returned for the Sogola-Baoule prospect ("Sogola-Baoule") where mineralisation remains open along strike. Also, the Company is pleased to provide an update on exploration drilling at the Boumou, South Bougouni and Ngoualana prospects at which new lithium mineralised zones have been identified. Bernard Aylward, CEO of Kodal Minerals, said: "The continued wide, high-grade intersections at the Sogola-Baoule prospect are very encouraging and highlight the potential of this prospect to be our main target area within the Bougouni project. We will be returning to this prospect in August to undertake diamond drilling to target geological information from infill drilling and further advance the prospect with extensional drilling. "We are also very pleased that our exploration drill testing of new target areas continues to return encouraging mineralised intersections. Our focus during this drilling campaign has been on the Ngoualana, Sogola-Baoule and Boumou prospects to underpin a maiden resource estimate which we are targeting to release in September. However, we are also continuing to demonstrate further potential across our licence area and as a result there is significant scope to build on the initial resource estimate going forward." | |
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