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Kodal Minerals provides exploration drilling programme update

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Global Mining Review,

Kodal Minerals, the mineral exploration and development company focused on the Bougouni lithium project in Southern Mali, has provided an update on an exploration drilling programme underway at the project. The drilling programme is a reconnaissance exploration drill programme focusing on the recently identified Marigo prospect in addition to a maiden drill programme at the Bougouni West project testing initial targets within the Mafele Concession.

Bernard Aylward, CEO of Kodal Minerals, remarked: “This update highlights our exploration programme that continues to test our highly prospective landholding while our main focus and priority is the completion of our ESIA and project development work. These drill holes at Marigo and Mafele highlight the potential for further pegmatite hosted mineralisation to be defined, however this is early stage work and we are reporting initial geological interpretation as we wait for assay results to be returned.

“As stated, our priority is the finalisation of our engineering and development work that is progressing very positively with the finalisation of the technical reports for the ESIA and the very positive overall response to our Community Consultation meetings. We expect to lodge the ESIA application when we have reviewed and compiled all the technical reports and will be continuing with the mining and mineral processing assessment as we progress towards lodging our mining licence application.

“The reconnaissance drilling at our Mafele Concession is the maiden drill programme undertaken on this new concession and the targets have been identified by our geological mapping and geophysical surveys. This initial drilling programme has been planned to test a wide range of geophysical and geological targets and our geologists are reporting that the initial drill holes confirm pegmatite veins beneath the transported cover. Once again, this is early stage exploration and we are waiting for assay results, however we are encouraged by the initial pegmatite intersections and we expect to continue drilling when results are received.”

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African mining news Lithium mining news