Business
Results of Bougouni Project Bulk Sample Test Work
Results of Bougouni Project Bulk Sample Test Work.
About this update from Kodal Minerals Plc
[{"type":"text","content":"\n \n \n RNS Number : 4554M\n Kodal Minerals PLC\n 11 May 2020\n \n \n \n \n The 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 \n \n \n \n \n Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining\n \n \n 11 May 2020\n \n \n Kodal Minerals plc ('Kodal Minerals' or the 'Company')\n \n \n \n \n \n Results of Bougouni Project bulk sample test work demonstrates overall recovery of up to 83%\n \n \n \n \n \n Kodal Minerals, the mineral exploration and development company, is pleased to report the initial test results of the bulk sample of pegmatite hosted lithium mineralisation from the Bougouni Lithium Project located in southern Mali ('Bougouni' or the 'Project'). The test work was completed by Shandong Shengli Environment Protection Technology Co Ltd ('Shengli') a company associated with Shandong Ruifu Lithium Co Ltd ('Ruifu') at its Yishu plant in Shandong province, People's Republic of China. The Yishui processing plant is a 2 million tonne per annum (Mtpa) DMS (dense media separation) and flotation plant, purpose built for the concentration of spodumene mineralisation from pegmatite ore. \n \n \n \n To view the announcement with the illustrative maps and diagrams, please use the following link:\n \n \n http://www.rns-pdf.londonstockexchange.com/rns/4554M_1-2020-5-11.pdf\n \n \n \n \n \n Highlights:\n \n \n \n \n \n · \n Recoveries of the Bougouni bulk sample from the plant achieved an overall recovery of up to 83% for a 5.5 % to 6.0% Li2O spodumene product.\n \n \n · \n This recovery is significantly higher than the 71% recovery used in Kodal Minerals' initial Feasibility Study and indicates upside on the project.\n \n \n · \n The spodumene concentrate is low in impurities with iron content reported at below 0.5%.\n \n \n · \n Bulk sample test results will be included in an optimisation study to identify upside at Bougouni whereby improved recoveries have the potential to enhance project economics.\n \n \n \n \n \n \n Bernard Aylward, CEO of Kodal Minerals, remarked: \n \n \n \"These results from the testing of the Bougouni bulk sample continue to highlight that the mineralisation defined at the Project can be processed in a c...