Business
Update on Development and Exploration Activities
Update on Development and Exploration Activities.
About this update from Kodal Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 6784A Kodal Minerals PLC 31 May 2019 \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 \n31 May 2019\nKodal Minerals plc ('Kodal Minerals' or the 'Company')\n \nUpdate on Development and Exploration Activities \nat Bougouni Lithium Project, Mali\n \nKodal Minerals, the mineral exploration and development company focused on its Bougouni Lithium Project in southern Mali (the 'Project' or the 'Bougouni Project'), is pleased to provide this update on recent activities at the Project. The Company has focused on advancing the development of the Bougouni Project through the completion of the Environmental and Social Impact Assessment ('ESIA') and various engineering studies, as well as continuing its exploration programme.\n \nHighlights:\n \n· ESIA technical reports being compiled and finalised for submission to the authorities\n· ESIA community consultation meetings completed with positive response to the proposed development from officials and the community\n· Project visits completed by engineering consultant groups to finalise mine and process planning\n· Engineering review of infrastructure and transport ongoing at the Project, with significant cost savings identified in transport estimates\n· Metallurgical testwork ongoing with a focus on targeting commencing with a dense media separation ('DMS') plant, with a flotation circuit to be added potentially four years later in the mining cycle\n· Bulk sample mining contract terminated at the Bougouni Project due to poor performance of contractor;\no Kodal shipping 980 tonnes of lithium spodumene material directly from Dakar port to China for testing \no The large size test will provide beneficial information regarding processing and recovery at an operational scale. \n· Exploration activities identified further drill targets within the Bougouni Project and at the recently acquired Bougouni West concessions, with drilling to commence in early June 2019\n \n \nBernard Aylward, CEO of Kodal Minerals, r...