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Mali Lithium Ltd.
Summary
| Project: | Massigui | |
|---|---|---|
| Deposit: | Koting | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 11/20/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-11-2019: Mali Lithium Ltd. announces an Exploration/Drilling Update report for its Koting deposit at the Massigui project. Drilling results incl. 12m @ 8.92g/t Au from 63m. Aspiring lithium producer Mali Lithium (ASX: MLL, Mali Lithium, or the Company) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Simon McCracken (Internal) | |
| ABSTRACT: | Aspiring lithium producer Mali Lithium (ASX: MLL, Mali Lithium, or the Company) has completed a RC drilling program at its Koting gold project in Mali, with positive results. While still focusing on and continuing to advance the Goulamina Lithium Project (Goulamina) in Southern Mali, the Company has taken the opportunity to review its portfolio of highly prospective gold tenements in Southern Mali. This portfolio has already generated A$4.46 milion in royalties over the past twelve months through a Joint Venture (JV) with Barrick Gold’s Morila Gold mine. The Koting project is adjacent to the Morila mine and was chosen to test for potential to develop further resources for potential treatment at Morila. The Koting project is located in the Massigui tenement area, approximately 50km to the east of Goulamina (Figure 1). Mali is the third largest gold producer in Africa and the Company’s gold tenements are in close proximity to a number of world-class gold operations operated by international companies, including Barrick, Resolute Mining, Anglo Gold Ashanti and Hummingbird Resources. | |
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