Kodal Minerals PLC said that its exploration drilling at the Bougouni lithium project in southern Mali highlights the potential of the project, which is split into two concessions such as Marigo and Mafele
At Marigo, the programme drilled holes targeting outcropping pegmatite veins. The pegmatite intersected in drill holes showed a maximum intersection of 22 metres from shallow depth.
“Drilling tested strike length exceeding 300m and geological mapping indicates pegmatites continue to East and West,” according to the company.
At Mafele concession, reconnaissance drilling targeting prospects identified in geological mapping and geophysical surveys. The programme is ongoing, with six drill holes completed to date.
“Pegmatite intersected in drill holes with a 15 metres intersection recorded at shallow depth. Drilling is wide spaced and testing various geological and geophysical targets,” noted the company.
Bernard Aylward, CEO of Kodal Minerals, remarked, “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.”
“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,” Aylward added.
