Business
Bougouni Lithium Project Mining Licence Update
Bougouni Lithium Project Mining Licence Update.
About this update from Kodal Minerals Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1465B\n Kodal Minerals PLC\n 08 June 2021\n \n \n \n \n Certain information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK Market Abuse Regulations.\n \n Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n \n \n \n \n \n \n Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining\n \n \n 8 June\n 2021\n \n \n Kodal Minerals plc \n \n \n ('Kodal Minerals', 'Kodal' or the 'Company')\n \n \n \n \n \n Bougouni Lithium Project Licence Application Update and Mali Update\n \n \n Kodal Minerals, the mineral exploration and development company focused on the Bougouni Lithium Project and its gold assets in West Africa, is pleased to provide an update on the Mining Licence application for the Bougouni Lithium Project in southern Mali.\n \n Kodal has received formal correspondence from the Direction Nationale de la Geologie et des Mines (\"DNGM\") in Bamako providing notification of acceptance of the Feasibility Study for the Mining Licence application at the Bougouni Lithium Project and has received the request to pay the application fee for the delivery of the Mining Licence. Kodal will pay the £135,000 application fee promptly to continue to advance the application process and maintain communication with the DNGM to monitor progress.\n \n \n Bernard Aylward, CEO of Kodal Minerals, commented:\n \"Our Mining Licence application is progressing through the final regulatory stages and the receipt of this letter confirming the Feasibility Study for the development of the Bougouni Lithium Project and the request to pay the Mining Licence application fee is a very positive development and brings us significantly closer to a fully permitted project.\" \n \n \n Further updates will be provided as matters progress.\n \n Further Information\n \n \n Mining Licence Application and Mali Government\n \n The licence application process remains the same as previously announced on 17 May 2021 and is summarised below:\n i. Kodal has completed and will lodge the minor changes to the lodged Feasibility Report to bring it in line with new Mining Code 2019 - COMPLETED.\n ii. After filing the updated application, ...