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Bernard Aylward, CEO of Kodal Minerals, said: "These latest high-grade intersections continue to highlight the potential of the Sogola-Baoule prospect. The results reported today are mainly infill and follow-up on the existing known pegmatite mineralisation demonstrating the continuity of mineralisation associated with the outcropping pegmatite veins. We are awaiting the assay results of drill holes testing the eastern extension that has initially outlined a consistent, wide pegmatite vein on multiple sections and we will report these as soon as received. "A drill rig has returned to Sogola-Baoule to continue the step-out drilling. We remain very active on site, maximising the time available in the field season to complete drilling at our key prospects. This work will be very important in our assessment of future development potential as we look to develop our maiden resource estimate over the wet season."
31 May 2018 Kodal Minerals plc ('Kodal Minerals' or the 'Company') High Grade Lithium Intersections Continue at Sogola-Baoule Prospect, Bougouni Project, Southern Mali Kodal Minerals plc, the mineral exploration and development company focussed on West Africa, is pleased to announce it has identified further high-grade lithium mineralised intersections at the Sogola-Baoule prospect ("Sogola-Baoule") located within the Company's Bougouni Lithium Project in Southern Mali ("Bougouni" or the "Project"). To view this announcement with the illustrative maps and diagrams please use the following link: http://www.rns-pdf.londonstockexchange.com/rns/7586P_-2018-5-30.pdf Highlights · High grade lithium mineralisation intersected in follow-up and extension drilling at Sogola-Baoule. Intersections include: o 21m at 1.60% Li2O from 87m o 14m at 1.53% Li2O from 92m o 11m at 1.42% Li2O from 151m & 10m at 1.59% Li2O from 189m (Note all depths are downhole depth, and true vertical depth will be shallower or closer to surface) · Drill results confirm and extend previous intersections and mineralisation remains open at depth and along strike · Drill results pending for drill holes defining eastern extension with a further 25 drill holes pending assay · Exploration drill rig returned to Sogola-Baoule targeting eastern extension of main pegmatite vein with drilling on a definition spacing over an additional 400m strike length Bernard Aylward, CEO of Kodal Minerals, said: "These latest high-grade intersections continue to highlight the potential of the Sogola-Baoule prospect. The results reported today are mainly infill and follow-up on the existing known pegmatite mineralisation demonstrating the continuity of mineralisation associated with the outcropping pegmatite veins. We are awaiting the assay results of drill holes testing the eastern extension that has initially outlined a consistent, wide pegmatite vein on multiple sections and we will report these as soon as received. "A drill rig has returned to Sogola-Baoule to continue the step-out drilling. We remain very active on site, maximising the time available in the field season to complete drilling at our key prospects. This work will be very important in our assessment of future development potential as we look to develop our maiden resource estimate over the wet season." Further Information Bougouni Lithium Project - Drilling Update Sogola-Baoule Prospect As previously reported (1 May 2018 and 21 May 2018) exploration drilling at the Sogola-Baoule prospect continued to target infill and definition of previous mineralised intersections. This drilling has confirmed previous zones and provided geological control for our interpretation. Drilling has been undertaken with holes drilled angled to the north and south, however our drilling is indicating a predominately north dipping pegmatite
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