RE: Gold news and Licence14 Jul 2021 09:39
The last RNS was pretty clear. News imminent anytime now. Patience is key - long term holders know.
"In addition to our gold activity, we continue to focus on our Mining Licence Application in Mali, which is progressing as expected, and we welcome the confirmation of Monsieur Lamine Seydou Traore as the Minister of Mines, Energy and Water for Mali. Kodal has continued to work closely with the Mali government to progress the Mining Licence Application, and as previously announced, has both received the request for and paid the Mining Licence Application fee.
In addition to our Mining Licence Application, we note the recent news of the proposed development partnership between our close neighbours at the Goulamina Lithium Project in the Bougouni region of Mali, and Chinese lithium manufacturer, Ganfeng. This joint venture is a very positive indication of support for the Mali lithium sector and further indicates the strength of the lithium sector overall. Kodal is well placed with its Bougouni Lithium Project moving closer to full permitting and the support of our major shareholder and off-take partner, Suay Chin International Pte, as well as other parties who continue to review and assess the development of our primary project.
"I will be in Mali and Côte d'Ivoire throughout the week of 21 June 2021 to undertake a series of Government meetings in the countries and to review the recent exploration programmes. I look forward to providing updates when possible."