LONDON (Alliance News) - Kodal Minerals PLC on Monday said it has found high-grade copper at the upper mine in the Grimeli prospect in Norway.
The highest grade result from a series of underground channel samples taken from the upper mine returned a grade of 7.24% copper over 1.74 metres, it said.
Kodal said it is now planning to start a drill programme to explore the areas to the east, west and below the current sampled area.
"These sample grades further demonstrate the grade potential of the Grimeli Project. We look forward to drill testing this area along with the untested 3,200 metre magnetic anomaly previously reported," said Kodal Chief Executive Officer Luke Bryan.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Kodal Minerals (KOD)