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Trenching Results,Bougouni Lithium Project, Mali
Trenching Results,Bougouni Lithium Project, Mali.
About this update from Kodal Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 3241Z Kodal Minerals PLC 14 March 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\n14 March 2017\nKodal Minerals plc \n('Kodal' or 'the Company')\n \nWide High Grade Trench Intersections and Rock-Chips from Bougouni Lithium Project\n \nKodal Minerals plc, the mineral exploration and development company focussed on West Africa, is pleased to announce the results of the recently completed trenching campaign and update on high-grade rock chip samples returned from the on-going exploration programme at the Bougouni Lithium Project (\"Bougouni\" or the \"Project\") in Southern Mali.\n \nIn addition, the Company announces the commencement of reverse circulation (\"RC\") drilling at the Project with drilling planned to target extensions to the excellent results returned previously from the Ngoualana prospect as well as complete reconnaissance testing of these new priority targets.\n \nHighlights\n· High grade intersections include:\no 27m at 1.38% Li2O in trench MDTR005 at the Sogola-Baoule prospect\no 10m at 1.67% Li2O in trench MDTR002 at the Filon B prospect\no 6m at 1.61% Li2O in trench KLTR007 at the Orchard prospect\n· Sogola-Baoule prospect outlines an extensive outcropping spodumene rich pegmatite vein with a current strike length exceeding 200m \n· The trenching programme consisted of 14 trenches for 862m. Five trenches were not sampled due to extreme weathering.\n· High-grade rock chips up to 2.52% Li2O returned from pegmatite samples at the newly defined Boumou prospect and trenching confirms extensions of pegmatite, however highly weathered rock was not sampled.\n· RC drilling has commenced at the Sogola-Baoule prospect to outline the extent of high-grade mineralisation\n· RC drilling will then target the Ngoualana prospect where previous drilling confirmed wide, high grade mineralisation up to 28m at 1.84% Li2O - drilling will thentarget strike extensions, test depth continuity and define the high grad...