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Assay Results up to 7.15% Li2O Bougouni Project
Assay Results up to 7.15% Li2O Bougouni Project.
About this update from Kodal Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 6142G Kodal Minerals PLC 05 March 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\n5 March 2018 \nKodal Minerals plc ('Kodal Minerals' or 'the Company')\n \nContinued High-Grade, Shallow Lithium Mineralisation at Ngoualana Prospect and Assay Results up to 7.15% Li2O\nBougouni Project, Southern Mali\n \nKodal Minerals plc, the mineral exploration and development company focussed on West Africa, is pleased to provide this update on drilling progress at the Company's Bougouni Lithium Project in Southern Mali (\"Bougouni\" or the \"Project\"). The Company is now reporting assay results for the final 19 holes drilled in 2017. \n \nHighlights\n· Ngoualana prospect continues to return high grade lithium mineralisation.\n· Very high grade individual assays up to 1m at 7.15% Li2O\n· 19 drill holes are reported today with high grades intersections of consistent pegmatite mineralisation up to 1.68% Li2O targeting the infill and extension drilling of the main prospect \n· Multiple mineralised pegmatite intersections in drill holes and shallow depth intersections including:\no 1m at 7.15% Li2O from 43m;\no 26m at 1.67% Li2O from 83m;\no 10m at 1.43% Li2O from84m and 16m at 1.59% Li2O from 119m;\no 8m at 1.59% Li2O from 79m and 19m at 1.68% Li2O from 123m;\no 1m at 7.15% Li2O from 43m;\n· Ngoualana strike length extended to over 850m and remains open along strike. \n· Extension drilling has intersected a new zone of pegmatite up to 30m in width - this will be a priority target for additional drill testing\n \nBernard Aylward, CEO of Kodal Minerals, said: \"Drilling at the Ngoualana prospect has delivered consistently encouraging and predictable results, giving us great confidence for further drilling, extensions and for the assessment for future development. The presence of shallow high-grade mineralisation is very positive, and this new pegmatite intersection located to the south of the main body is extremely encouraging. Our drilling will focus on definin...