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Kodal Minerals upbeat on test work at Bougouni Project

Tue, 20th Aug 2019 11:06

(Sharecast News) - Mineral exploration and development company Kodal Minerals updated the market on the "extensive" metallurgical test work programmes being carried out on mineralisation at the Bougouni Project in southern Mali on Tuesday.
The AIM-traded firm said the test work programmes had been undertaken as part of its feasibility assessment, and would be used to complete the process flowsheet for the proposed mining operation.

It said the test work demonstrated initial processing via a dense media separation (DMS) plant, with a flotation circuit to be added to improve overall recoveries if required.

DMS test work on the Ngoualana Prospect mineralisation returned primary concentrate grades of 6.0% lithium oxide, at recoveries of up to 70%.

A master composite comprising 70% Sogola-Baoulé and 30% Ngoualana, tested initially with the DMS circuit, was followed by downstream flotation test work, which the company improved overall recovery to 75%, producing a 6.0% grade lithium oxide concentrate.

Metallurgical test work would continue on the Boumou mineralisation, the board said, and additional testing on the Sogola-Baoulé mineralisation would define additional coarse grained DMS ore.

"The various metallurgical test works carried out over the project area have highlighted the importance of the coarse grained Ngoualana mineralisation," said chief executive officer Bernard Aylward.

"The identification of this ore type has influenced how we will plan for the development of the Bougouni Lithium Project as now we are aware that we can commence with a low upfront capital cost solution of initial DMS testing, with the deferred addition of a flotation processing circuit to improve recoveries when required.

"We are continuing to advance our Bougouni Project with this metallurgical test work programme being undertaken in conjunction with both the engineering studies to optimise the potential open pit mining operations, as well as the planning of the transport and logistical support for the project."
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18 Jan 2019 07:59

Kodal Minerals reports further high-grade results from Bougouni

(Sharecast News) - Mineral exploration and development company Kodal Minerals reported further high-grade assay results for the diamond drilling and reverse circulation (RC) drilling completed in November and December at its 450 square kilometre Bougouni Lithium Project in Southern Mali on Friday.

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14 Dec 2018 15:49

Kodal Minerals narrows loss as it works towards production at Bougouni

(Sharecast News) - Mineral development and exploration company Kodal Minerals announced its unaudited interim results for the six months ended 30 September on Friday, with its loss narrowing to £0.34m year-on-year, from £0.53m.

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26 Nov 2018 16:43

Kodal Minerals encounters 'high grade' lithium at Mali project

(Sharecast News) - Kodal Minerals' shares climbed on Monday after drilling at its Bougouni lithium project in southern Mali returned multiple mineralised intersections.

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5 Sep 2018 10:48

Kodal Minerals Publishes Maiden Mali Resource Estimate

LONDON (Alliance News) - Kodal Minerals PLC on Wednesday published its maiden resource estimate for the Bougouni lithium project in Mali, showing "potential for future mining resource showed

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30 Aug 2018 16:02

UK Shareholder Meetings Calendar - Next 7 Days

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22 Aug 2018 15:00

Kodal upbeat on Bougouni assay results

(Sharecast News) - Mineral exploration and development company Kodal Minerals announced all assay results had now been received for the drilling campaign completed at Bougouni in June on Wednesday.

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22 Aug 2018 10:47

Kodal Minerals Finds Further Lithium As It Looks To Update Resources

LONDON (Alliance News) - Kodal Minerals PLC has found further mineralisation at Mali's Bougouni lithium project with all assay results now received, the company said Wednesday.The from

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10 Aug 2018 13:03

Kodal Minerals Expects Maiden Resources Report From Mali In September

LONDON (Alliance News) - Kodal Minerals PLC said Friday it expects to publish its maiden mineral resource estimate in September after noting a jump in its share price.The stock was trading

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11 Jun 2018 11:29

Kodal Minerals Raises GBP1.5 Million, Mostly From Major Shareholder (ALLISS)

LONDON (Alliance News) - Kodal Minerals PLC said Monday it raised GBP1.5 million through a share subscription and placing to advance the exploration at the Bougouni lithium project in southern and

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8 Feb 2017 13:34

Kodal pleased with final drilling assays from Bougouni project

(ShareCast News) - Shares in Kodal Minerals fell more than 10% as final drilling assays from the Ngoualana prospect at Bougouni Lithium Project in Mali confirmed high-grade mineralisation. "This prospect is continuing to exceed our expectations with the wide intersections of spodumene rich pegmatite

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8 Feb 2017 08:06

Kodal Shares Soar On Final Results From Bougouni Drill Programme

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9 Jan 2017 12:57

Kodal Minerals raises £1m in placing

(ShareCast News) - West Africa-focused mineral exploration and development company Kodal Minerals announced on Monday that it has raised £1m, before expenses, through a placing of 666,666,667 new ordinary shares of 0.03125p each, at a price of 0.15p per share, with a range of new and existing invest

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30 Dec 2016 10:36

WINNERS & LOSERS SUMMARY: NEX And TP ICAP Rise After Completing Deal

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30 Dec 2016 08:02

Kodal Minerals Final Rock-Chip Sampling At Bougouni Confirms Lithium

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7 Dec 2016 13:58

Kodal Minerals reports promising results from Bougouni tests

(ShareCast News) - West Africa-focused mineral exploration and development company Kodal Minerals announced high grade rock chip results from the first dispatch of samples from the reconnaissance rock chip sampling at its lithium interests in Southern Mali on Wednesday. The AIM-traded firm said the

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