Business
Replacement: Bougouni Project update
Replacement: Bougouni Project update.
About this update from Kodal Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 4919H Kodal Minerals PLC 15 November 2018 \n\n \nThis announcement replaces the Bougouni Project Update announcement released today at 09:22 under RNS number 4670H as the title was incorrect. The title has been corrected in the announcement below and all other details remain unchanged.\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 \n15 November 2018 \n \nKodal Minerals plc ('Kodal Minerals' or the 'Company')\nBougouni Project update - high grade Diamond Core drill results from Sogola-Baoule Prospect and Boumou Prospect\n \nKodal Minerals, the mineral exploration and development company focused on the Bougouni Lithium Project, is pleased to report further assay results for the diamond drill holes completed during the wet season at the Sogola-Baoule prospect (\"Sogola-Baoule\") and Boumou prospect (\"Boumou\") located on the Company's 450km2 Bougouni Lithium Project in Southern Mali (\"Bougouni\"). \n \nHighlights\n· At Sogola-Baoule, diamond core intersections include:\no 18m at 1.35% Li2O from 74.75m in drill hole MDDH005;\no 16.5m at 1.32% Li2O from 153.5m in drill hole MDDH004;\n (Note all depths are downhole depth, and true vertical depth will be shallower or closer to surface)\n· First diamond core intersections at Boumou prospect return multiple mineralised pegmatite intersections including:\no 6m at 1.39% Li2O from 65.55m;\n5m at 1.32% Li2O from 80.5m; and\n9.5m at 1.41% Li2O from 93.3m in drill hole KLDH007; and\no 7m at 1.43% Li2O from 43.49m in drill hole KLD008;\n (Note all depths are downhole depth, and true vertical depth will be shallower or closer to surface)\n· Diamond drilling recommencing at Sogola-Baoule today\n \n \nBernard Aylward, CEO of Kodal Minerals, said: \"These continued high-grade results for Sogola-Baoule are very pleasing. The main pegmatite zone is proving to be very consistent and we are planning our drill holes to infill the prospect for updating our mineral resource estimate and continuing to extend the prospect to the northeast. At Boumou we are adding def...