Kodal Minerals reports growth of Sogola-Baoule prospect

22 June 2018 (Last Updated June 22nd, 2018 11:50)

Kodal Minerals has reported an increase in the size of the Sogola-Baoule lithium prospect in Mali after the completion of drilling works.

Kodal Minerals has reported an increase in the size of the Sogola-Baoule lithium prospect in Mali after the completion of drilling works.

The company has identified further lithium mineralised intersections from an additional 19 drill holes from follow-up and extension drilling at the prospect.

The results include a 22m section grading 1.58% lithium oxide from 110m, 20m at 1.43% lithium oxide from 34m, 15m at 1.19% lithium oxide from 70m and 13m at 1.76% lithium oxide from 123m.

“These prospects will form the basis of our initial project assessment and potential for the development of a ‘mining hub’ at Bougouni.”

A strike length of more than 1,400m was confirmed in drilling and assay results are pending for an additional 22 drill holes.

Kodal Minerals CEO Bernard Aylward of said: “The Sogola-Baoule prospect is continuing to grow in our ranking and we are expecting to receive further mineralised intersections over the next few weeks.

“The development of this prospect demonstrates the positive results of our exploration approach and at the end of a very busy drilling season, we now have three advanced prospects at Ngoualana, Sogola-Baoule and Boumou.

“These prospects will form the basis of our initial project assessment and potential for the development of a ‘mining hub’ at Bougouni.”

Aylward also stated that the company has undertaken exploration drilling at Bougouni South and regional testing at Ngoualana.

The pegmatite bodies intersected by the drilling are rich in spodumene with consistent width and tenor of mineralisation.

Kodal is planning to carry out diamond drilling during the next phase of exploration at Sogola-Baoule.

This will enable the company to incorporate detailed geological logging, metallurgical testwork and geotechnical review of ground conditions in a mining assessment.

Additionally, exploration drilling will continue to test for extensions to the target zone.