Business
Update on Mining Licence Application for Bougouni
Update on Mining Licence Application for Bougouni.
About this update from Kodal Minerals Plc
[{"type":"text","content":"\n \n \n RNS Number : 8237D\n Kodal Minerals PLC\n 24 February 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 \n \n \n 24 February 2020\n \n \n Kodal Minerals plc ('Kodal Minerals' or the 'Company')\n \n \n \n \n \n Update on Mining Licence Application for the Bougouni Lithium Project\n \n \n \n \n \n Kodal Minerals, the mineral exploration and development company focused on its Bougouni Lithium Project (the 'Project' or the 'Bougouni Project') in southern Mali, is pleased to provide this update on the progress of the Mining Licence application for the Bougouni Lithium project located in southern Mali. \n \n \n \n \n \n Senior representatives from Kodal Minerals, including CEO Bernard Aylward, Project Manager, Steve Zaninovich and Country Manager Mohamed Niare, attended the first technical meeting to review the Mining Licence application with the Direction Nationale de la Géologie et des Mines ('DNGM'). The meeting reviewed all technical aspects of the project and proposed development, as outlined in the Feasibility Study submitted by the Company. Kodal Minerals provided a summary presentation and responded to general questions regarding the proposed operation. \n \n \n \n \n \n Following endorsement from the DNGM, and with Environmental Approval already granted, the next step in the Mining Licence application process is for the Company to attend the ministerial commission meeting. This session is convened by the Ministry of Mines and representatives from various ministries are invited, including the Ministry of Finance. This meeting will be called after formal reporting of the DNGM meeting is received by the Ministry of Mines.\n \n \n \n \n \n \n Bernard Aylward, CEO of Kodal Minerals, remarked: \n \n \n \"Our mining licence application is proceeding quickly, and we are pleased with how the DNGM technical review meeting progressed. Kodal Minerals has previously presented the geology, resources and proposed mining development to the DNGM and has hosted technical visits to our Bougouni site on previous occasions ...