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Kodal Minerals Plc

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Summary

Project:

Bougouni

Deposit:Sogola-Baoule
Location:Mali
Commodities:Lithium
Date:5/31/2018
Report Code:(no Code)
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:31-5-2018: Kodal Minerals Plc announces an Exploration/Drilling Update report for its Sogola-Baoule deposit at the Bougouni project. Drilling results incl. 21m @ 1.60% Li2O from 87m. Kodal Minerals plc, the mineral exploration and development company focu
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 it has identified further high-grade lithium mineralised intersections at the Sogola-Baoule prospect (“Sogola-Baoule”) located within the Company’s Bougouni Lithium Project in Southern Mali (“Bougouni” or the “Project”). Bernard Aylward, CEO of Kodal Minerals, said: “These latest high-grade intersections continue to highlight the potential of the Sogola-Baoule prospect. The results reported today are mainly infill and follow-up on the existing known pegmatite mineralisation demonstrating the continuity of mineralisation associated with the outcropping pegmatite veins. We are awaiting the assay results of drill holes testing the eastern extension that has initially outlined a consistent, wide pegmatite vein on multiple sections and we will report these as soon as received. “A drill rig has returned to Sogola-Baoule to continue the step-out drilling. We remain very active on site, maximising the time available in the field season to complete drilling at our key prospects. This work will be very important in our assessment of future development potential as we look to develop our maiden resource estimate over the wet season.”

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