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Final Drilling Assays at Bougouni Lithium Project
Final Drilling Assays at Bougouni Lithium Project.
About this update from Kodal Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 3114W Kodal Minerals PLC 08 February 2017 \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\n8 February 2017\nKodal Minerals plc \n('Kodal' or 'the Company')\n \nFinal Drilling Assays Confirm High Grade Lithium Mineralisation at Bougouni Project\n \nKodal Minerals plc, the mineral exploration and development company focussed on West Africa, is pleased to announce the receipt of the final assay results for all drill holes from the first reverse circulation (\"RC\") drilling programme at the Bougouni Lithium Project (\"Bougouni\"), Southern Mali.\n \nHighlights\n· Remaining drill holes at the Ngoualana prospect (\"Ngoualana\") continue to return wide, high-grade intersections and all holes drilled at the prospect have returned lithium mineralisation:\no 28m at 1.85% Li2O from 72m in drill hole KLRC002\no 22m at 1.64% Li2O from 48m in drill hole KLRC004\no 18m at 1.80% Li2O from 17m in drill hole KLRC007\no 16m at 1.76% Li2O from 11m in drill hole KLRC006\n· Results confirm previous high grade mineralisation of 21m at 1.7% Li2O from 62m depth announced on 2 February 2017\n· Mineralisation remains open at depth with all drilling to date targeting near surface mineralisation\n· Follow-up drilling planned for Ngoualana to target the strike extensions, test depth continuity and define the high grade mineralised zones\n \nBernard Aylward, CEO of Kodal Minerals, said: \"We are very pleased to report these final results confirming the high-grade lithium mineralisation at Ngoualana. This prospect is continuing to exceed our expectations with the wide intersections of spodumene rich pegmatite remaining open along strike and at depth. The drilling programme has also intersected a series of parallel and subsidiary pegmatite veins that are also returning high grade mineralisation. \n \n\"Kodal's exploration programme is continuing on site with trench sampling targeting several of the new prospects identified by our rock chip and geological reconnaissance. These ta...