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Kodal Minerals intercepts more lithium mineralisation on Mali portfolio

Published: 02:31 26 Nov 2018 EST

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The lithium mineralisation lies relatively close to surface

Kodal Minerals PLC (LON:KOD) has reported assay results for an additional three diamond drill holes at the Boumou prospect on the 450 square kilometre Bougouni lithium project in Southern Mali.

Among the highlights of multiple mineralised pegmatite intersections were 6.5 metres at 1.18% lithium oxide (Li2O),  6.5 metres at 1.42% Li2O and one metre at 2.07% Li2O.

WATCH: Kodal Minerals kicks off new drilling season as So gola-Baoule results impress

Assay grades up to 3.54% Li2O were returned for individual samples within the mineralised pegmatites.

Meanwhile, diamond core drilling is continuing at the Sogola-Baoule and Boumou prospects on site, and reverse circulation drilling is continuing at the Sogola-Baoule prospect, as Kodal works towards mineral resource definition and extension.

The Boumou prospect continues to return high-grade lithium mineralisation from the close-spaced multiple pegmatite veins,” said chief executive Bernard Aylward. 

“We are continuing to drill at this prospect to define the pegmatite zones as well as extending the mineralisation.  We are pending additional results from the diamond core drilling and have commenced the RC drilling that will continue through to Christmas and we expect regular newsflow over this period.”

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