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Assay Results for the First Diamond Drill Holes
Assay Results for the First Diamond Drill Holes.
About this update from Kodal Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 1154H Kodal Minerals PLC 13 November 2018 \n\nThe information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (\"MAR\")\n \nKodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining\n \n13 November 2018 \n \nKodal Minerals plc ('Kodal Minerals' or the 'Company')\n \nDiamond Core drill intersections up to 30m at 1.51% Li2O\nfrom Sogola-Baoule Prospect confirming geological model- Bougouni Project, Southern Mali\n \nKodal Minerals, the mineral exploration and development company focused on the Bougouni Lithium Project, is pleased to report assay results for the first two diamond drill holes completed during the wet season at the Sogola-Baoule (\"Sogola-Baoule\") and Boumou (\"Boumou\") prospects located on the Company's 450km2 Bougouni Lithium Project in Southern Mali (\"Bougouni\"). \n \nHighlights\n· At Sogola-Baoule, diamond core intersections confirm geological model and continue to extend mineralisation - intersections include:\no 30m at 1.51% Li2O from 56.08m and\n5.50m at 1.59% Li2O from 96.48m in drill hole MDDH002;\no 16m at 1.85% Li2O from 94.35m in drill hole MDDH001;\n (Note all depths are downhole depth, and true vertical depth will be shallower or closer to surface)\n· High grade assays up to 3.6% Li2O returned at Sogola-Baoule and multiple parallel veins intersected at shallow depths\n· Diamond core drilling at Boumou intersected multiple pegmatite veins confirming and extending the geological model of mineralisation\n· Bougouni Project development and review activities continue with environmental assessment evaluations continuing and site visit by Independent Mineral Resource Geologist completed\n \nBernard Aylward, CEO of Kodal Minerals, said: \"We continue to make solid progress with both drilling and development activities at Bougouni and have successfully added definition to the geological interpretation and extended the areas of known mineralisation at our key prospects at Sogola-Baoule and Boumou despite a very extensive wet season in West Africa.\n \n\"We intend to re-commence diamond core drilling this week, followed by reverse circulation drilling next week and will maintai...