Announcement Date: 2023-04-19
Announcement Type: Drilling Results
Announcement Code: (other Code)
Company name: Kodal Minerals Plc
Project name: Bougouni
Location: Mali
Commodities: Lithium
Highlight: Drilling results incl. 51m at 1.08% Li2O from 78m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Kodal Minerals, the mineral exploration and development company, is pleased to provide an update on the initial drilling results received for recent reverse circulation (“RC”) drilling completed at the Boumou Prospect located within the Company’s Bougouni Lithium Project in Mali. In addition, the Company announces details of the agreements for the sale of the Bougouni West concessions for a total cash consideration for Kodal of £2.0 million and confirmation of the immediate transfer and sale of the Mafélé Ouest concession.
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