Kodal reports promising lithium results at Bougouni ahead of mineral resource estimate publication
Aim-listed Kodal Minerals has announced high-grade mineralisation, which remains open along strike, including 32 m at 1.61% lithium from 112 m, from the Sogola-Baoule prospects, at the company’s Bougouni project, in Mali.
All assay results from a total 42 drill holes have been received for the drilling campaign completed at Bougouni in June.
The company also intersected mineralisation of 26 m at 1.37% lithium from 85 m, and 21 m at 1.64% lithium from 157 m.
Mineralised intersections are within broader mineralised zones up to 53 m in downhole width.
Meanwhile, exploration drilling at the Boumou, South Bougouni and Ngoualana prospects has identified new zones of lithium mineralisation within the project area, with intersections including 15 m at 1.05% lithium from 88 m, 6 m at 1.35% lithium from 77 m, and 5 m at 1.59% lithium from 80 m.
“The continued wide, high-grade intersections at the Sogola-Baoule prospect are encouraging and highlight the potential of this prospect to be our main target area within the Bougouni project,” commented Kodal CEO Bernard Aylward.
Kodal will be returning to this prospect in August to undertake diamond drilling to target geological information from infill drilling and further advance the prospect with extensional drilling.
“We are also pleased that our exploration drill testing of new target areas continues to return encouraging mineralised intersections. Our focus during this drilling campaign has been on the Ngoualana, Sogola-Baoule and Boumou prospects to underpin a maiden resource estimate which we are targeting to release in September.
“However, we are also continuing to demonstrate further potential across our licence area and as a result there is significant scope to build on the initial resource estimate going forward,” Aylward noted.
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