For thousands of other reports visit RSC's Mineral Intellingence Map

Kodal Minerals Plc

opaxe

Summary

Project:

Bougouni

Deposit:Sogola-Baoule, Bougouni
Location:Mali
Commodities:Lithium
Date:7/6/2017
Report Code:(no Code)
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:6-7-2017: Kodal Minerals Plc announces an Exploration/Drilling Update report for its Sogola-Baoule, Bougouni deposit at the Bougouni project. Drilling results incl. 21m @ 1.80g/t Au from 170m. Kodal Minerals plc, the mineral exploration and development co
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 additional, 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"). In addition, the Company is pleased to announce confirmation of lithium mineralisation at the 'Sogola-Baoule' prospect with follow-up drilling returning high-grade lithium mineralised intersections. Bernard Aylward, CEO of Kodal Minerals, said: "The Bougouni Lithium project continues to demonstrate that this region of southern Mali is highly prospective for pegmatite hosted lithium mineralisation. With this in mind, drilling at the Ngoualana prospect continues to return high-grade mineralisation and is consistent along strike of the main pegmatite vein. The zone remains open to the east and at depth, and we anticipate being able to extend this prospect when we recommence drilling following the rainy season. In addition, the drilling results for the Sogola-Baoule prospect confirm the potential for additional mineralisation to be defined. This prospect is at an early stage, and the drill results indicate a complex zone that remains open to the southwest, at depth and to the southeast. Drill hole MDRC015 has intersected multiple zones of mineralisation and indicates an area for priority follow-up.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report