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Mali Field Programme and West Africa Update
Mali Field Programme and West Africa Update.
About this update from Kodal Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 1776F Kodal Minerals PLC 26 July 2016 \n\nKodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining\n26 July 2016\nKodal Minerals Plc ('Kodal' or 'the Company')\n \nMali Field Programme and West Africa Update\n\nKodal Minerals, the mineral exploration and development company, is pleased to provide an update on its ongoing exploration programmes at the Nangalasso Gold Project ('Nangalasso') in Mali, and its other projects in West Africa. Nangalasso is one of eight highly prospective gold exploration targets and two concession applications on the West African Birimian Greenstone Belt, which were acquired by Kodal in May 2016 in line with its strategy to acquire prospective ground, employ low cost exploration to highlight potential and seek joint venture partners to develop the projects. \n \nNangalasso Gold Project, Mali\n· Field exploration commenced at Nangalasso with a trenching programme designed to identify priority targets for the next phase of exploration drilling.\n· Excavation and initial geological inspection of first trench (located 100m south of drill hole NNTR002) highlights abundant zones of quartz veining, strong alteration, haematite staining and strong geological structures (please click on the following link to view photos http://www.rns-pdf.londonstockexchange.com/rns/1776F_-2016-7-25.pdf).\n· Sampling of the first trench will be completed in the near term and samples dispatched to the SGS Laboratory in Bamako for analysis.\n· The trenching programme is continuing with a further five trenches to be completed with results expected in August 2016.\n· The trenches are located along strike of previous mineralised intersections including:\n· 3m at 7.12g/t gold within 21m at 1.25g/t gold in drill hole NNAC114;\n· 1m at 7.8g/t gold in drill hole NNAC021;\n· 7m at 4.31g/t gold in trench NNTR002; and\n· areas of artisanal gold mining activity.\n \nKorhogo Project, Cote d'Ivoire (100% owned by Kodal)\n· Surface geochemical sampling programme at the 100% owned Korhogo Project, located in northern Cote d'Ivoire is due to commence shortly.\n· Previous wide spaced reconnais...