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Drilling Results Confirm Sogola-Baoule Extension
Drilling Results Confirm Sogola-Baoule Extension.
About this update from Kodal Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 6481E Kodal Minerals PLC 13 February 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\n13 February 2018 \n \nKodal Minerals plc ('Kodal Minerals' or 'the Company')\nDrilling Results Confirm Sogola-Baoule Extension at Bougouni Lithium Project\n \nKodal Minerals plc, the mineral exploration and development company focussed on West Africa, is pleased to provide the final drilling assay results received for the extension drill testing at the Sogola-Baoule prospect at its Bougouni Lithium Project located in southern Mali ('Bougouni').\n \nHighlights:\n· Sogola-Baoule prospect tested with 10 reverse circulation ('RC') drill holes for 1,263m completed. These are the results from the final six holes following the announcement on 18 January 2018 of the results from the first four holes.\n· Drilling confirms extension of multiple pegmatite veins, with strike length of at least 450m and remaining open to east and west and at depth\n· Significant intersections not previously reported include:\no 24m at 1.58%Li2O from 115m in drill hole MDRC026;\no 8m at 1.50%Li2O from 133m in drill hole MDRC025; and\no 13m at 1.17%Li2O from 101m in drill hole MDRC027.\n· Geological mapping and detailed ground geophysical survey highlight extension and fault offset targets that will be drill tested in the next programme at Sogola-Baoule.\n \nBernard Aylward, CEO of Kodal Minerals, said: \"The Sogola-Baoule prospect is the second target that we have now been able to drill test over a consistent strike length at the Bougouni Project. The initial geological mapping and surface sampling indicated multiple pegmatite veins in close proximity, and this has been confirmed by our drilling where all holes are returning multiple mineralised intersections. The geological interpretation is showing continuity of high-grade pegmatite bodies that currently remain open along strike. The proximity of multiple pegmatite bodies is significant and could have a positive impact on scaling opportunities for future development.\n&nbs...