Kodal Minerals Share Discussion Threads

[theaviator] 07/2/2019 18:09

Would be delighted if you'd post

[the brex pistols] 07/2/2019 17:18

The chart is turning up people. Get with the programme..

[10p here we come] 07/2/2019 11:25

I am Buying NOW Tony, because I believe KOD looks EXTREMELY unlikely to revert back to 0.13p "support"!!

[swiss tony] 07/2/2019 08:05

Bottomless pockets 10p?
Why would you top up when it looks likely to revert back to 0.13p? support?

[dmitribollokov] 06/2/2019 15:18

KOD mention

[10p here we come] 06/2/2019 14:39

How can anyone resist, some cheap KOD?

[10p here we come] 05/2/2019 22:10

I just keep adding here. Has to be done.

[skiboy10] 30/1/2019 16:48

BA Interview today

Kodal Minerals - Additional Lithium Exploration Concessions & High-Grade Lithium Intersections continue
Wed, 30 Jan 2019, 12:44pm GMT

[dmitribollokov] 30/1/2019 13:34

ht tps://www.proactiveinvestors.co.uk/companies/stocktube/12036/kodal-minerals-acquires-further-prospective-ground-near-bougouni-project-in-mali-12036.html

[backinblack80] 30/1/2019 11:01

Birmian won't be happy!

Page 10 of their Jan 2019 presentation.

'Birimian is well advanced in its application process for two adjoining tenements, which on granting would treble the area of highly prospective territory available for exploration'

[swiss tony] 30/1/2019 10:41

Is Edgein still invested here?
Thoughts on recent news please Sir?

[thelung] 30/1/2019 07:16

Great move by BA

[cpap man] 30/1/2019 07:15

Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining



30 January 2019



Kodal Minerals plc ('Kodal Minerals' or the 'Company')



Kodal Adds 200km2 of Lithium Exploration Concessions in the Bougouni Lithium Province, Southern Mali



Kodal Minerals, the mineral exploration and development company focused on the Bougouni Lithium Project, is pleased to announce it has negotiated an agreement which gives the Company exclusive rights to explore and an option to acquire two new concessions totalling 200km2 (the "Agreement") within 25km of the advanced Bougouni Lithium Project in Southern Mali ("Bougouni"). The new licence areas are immediately adjacent to the Goulamina Lithium project owned by ASX listed Birimian Limited. The Agreement is with a local Malian company Bambara Resources SARL ("Bambara") and covers the newly granted concessions Mafele Ouest and Nkemene Ouest that form the "Bougouni West" project.



Highlights

· Addition of highly prospective landholding in the Bougouni-Sikasso Lithium region totalling 200km2 in the immediate vicinity of known mineralisation.

· New project area close to existing Bougouni Project and will be explored utilising Kodal's existing proven geological team and infrastructure

· The Agreement grants Kodal exclusive rights to explore the new concessions

· Rapid exploration programme planned - to take advantage of low-cost entry to highly prospective ground

· The Agreement grants Kodal the right to acquire 80% of the concessions via option payments totalling £185,000 in cash and £195,000 in Kodal shares over three stages

· Kodal also has the option, exercisable at its sole discretion once application for a mining licence is made, to move to 100% ownership through an additional payment of £500,000 in cash and the granting of a 2% royalty to Bambara



Bernard Aylward, CEO of Kodal Minerals, said: "While our primary focus continues to be the development of our Bougouni Lithium Project, this new option agreement is a fantastic opportunity for Kodal to expand in this highly prospective region. Kodal has negotiated attractive terms that allow us to explore and potentially discover new zones of lithium mineralisation that would complement our existing project and further enhance our long-term position in this region.



"Kodal has undertaken initial ground reconnaissance during its due diligence review and has commenced the prioritisation of exploration targets for immediate follow-up. We intend to continue the previously successful exploration programme of surface geochemistry, ground magnetics and drilling to attempt to define new lithium mineralised zones. These new concessions are immediately adjacent to the Goulamina Project, owned by ASX listed explorer Birimian Limited, where a Mineral Resource of 103Mt at 1.34%Li2O has been defined. Kodal is focusing its initial review and targeting on interpreted extensions of the Goulamina structure and parallel positions in a similar geological setting.



"The Bougouni region of Mali has demonstrated the presence of high-grade lithium mineralisation hosted by pegmatite veins. Kodal is the largest holder of ground in this region and has already managed to secure ground with demonstrated lithium mineralisation at Bougouni. This acquisition has enhanced the possibility of further discovery and support for our proposed development of open pit mining and a spodumene concentrate processing plant centred on the region of Bougouni."

[cpap man] 28/1/2019 14:10

Extremely!

[cpap man] 25/1/2019 10:25

Kodal Minerals (KOD LN) 0.2p, Mkt Cap £15.0m – Further high-grade lithium intersections

Final set of array results for the diamond drilling completed at the Company’s 450km2 Bougouni Lithium Project report high-grade lithium from four diamond drill holes from the Sogola-Baoule and Ngoualana prospects, and seven RC drill results from the Sogola-Baoule and Boumou prospects.

Diamond drill holes at the Sogola-Baoule and Ngoualana prospects continue to return high-grade mineralisation confirming geological interpretation, including:

11.5m at 1.76% Li2O from 88.2m in drill hole MDDH009
14.5m at 1.74% Li2O from 113.85m in drill hole KLDH015

RC drilling at the Sogola-Baoule and Boumou prospect continued to define and extend
mineralisation. Multiple mineralised intersections include:

28m at 1.33% Li2O from 76m in drill hole MDRC122
11m at 1.32% Li2O from 114m in drill hole KLRC145

Final assay results are expected within the next two weeks with RC drill holes remaining for Sogola-Baoule and Boumou to report.

Mineral Resource estimate remains on schedule for announcement by the end of February 2019.

Conclusion: Drill results continue to yield high-grade lithium intersections which support the continuity of mineralisation. With grades reported as high as 1.76% Li2O, we look forward to understanding the impact of the drilling campaign on the updated JORC Mineral Resource estimate.

[cpap man] 25/1/2019 08:00

It must be Friday so KOD an' chips for lunch!

[cpap man] 25/1/2019 07:25

Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining

25 January 2019



Kodal Minerals plc ('Kodal Minerals' or the 'Company')

High-Grade Lithium Intersections continue for the Bougouni Lithium Project,

Southern Mali



Kodal Minerals, the mineral exploration and development company focused on the Bougouni Lithium Project, is pleased to report the final set of assay results for the diamond drilling completed at the Company's 450km2 Bougouni Lithium Project in Southern Mali ("Bougouni"). This announcement relates to drilling completed in November and December 2018 and reports four diamond drill holes from the Sogola-Baoule and Ngoualana prospects, and seven RC drill results from the Sogola-Baoule and Boumou prospects. Final assay results from further RC drill holes are expected in the upcoming weeks.



Highlights

· Diamond drill holes at the Sogola-Baoule and Ngoualana prospects continue to return high-grade mineralisation confirming geological interpretation:

o 9.0m at 1.27% Li2O from 36.65m in drill hole MDDH009

10.5m at 1.23% Li2O from 50.15m in drill hole MDDH009

11.5m at 1.76% Li2O from 88.2m in drill hole MDDH009

o 14.5m at 1.74% Li2O from 113.85m in drill hole KLDH015

(Note all depths are downhole depth, and true vertical depth will be shallower or closer to surface. Hole MDDH009 is from the Sogola-Baoule prospect, KLDH015 is from Ngoualana prospect)

· RC drilling at the Sogola-Baoule and Boumou prospect continued to define and extend mineralisation. Multiple mineralised intersections include:

o 28m at 1.33% Li2O from 76m in drill hole MDRC122;

o 10m at 1.25% Li2O from 105m in drill hole KLRC143;

o 11m at 1.32% Li2O from 114m in drill hole KLRC145;

(Note all depths are downhole depth, and true vertical depth will be shallower or closer to surface. Hole MDRC122 is from Sogola-Baoule and holes KLRC143 and KLRC145 are from Boumou propsect)

· Final assay results are expected within the next two weeks with RC drill holes remaining for Sogola-Baoule and Boumou to report

· Mineral Resource estimate remains on schedule for announcement by the end of February 2019



Bernard Aylward, CEO of Kodal Minerals, said: "These drilling results reported today again highlight the continuity of mineralisation and confirm the geological model at all three of our advanced prospects that formed the basis of our Maiden Mineral Resource estimate of 17.3Mt at 1.20% Li2O announced on 5 September 2018. Indeed, the main aim of the drilling programme, completed in November and December 2018, was to continue to expand the defined mineralisation and also importantly provide confidence in our models as we look to update our JORC Mineral Resource estimate and the classification in the Indicated and Inferred categories.



"These results and updated Mineral Resource estimate are important components of our development programme. Our Project Manager Steve Zaninovich is on site at Bougouni this week continuing to work with our geological team as well as conducting site visits for Engineering contractors to review the scope of work required for potential site infrastructure."

[dmitribollokov] 25/1/2019 07:06

Nice grades again...

[theaviator] 24/1/2019 08:15

A very effective one