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KOD Kodal Minerals Plc

0.45
-0.015 (-3.23%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kodal Minerals Plc LSE:KOD London Ordinary Share GB00BH3X7Y70 ORD 0.03125P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.015 -3.23% 0.45 0.44 0.46 0.465 0.45 0.465 24,693,726 15:09:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels 0 -1.46M -0.0001 -45.00 91.09M

Kodal Minerals Defines New Gold Anomaly at Nielle License in Ivory Coast

20/02/2018 8:57am

Dow Jones News


Kodal Minerals (LSE:KOD)
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By Oliver Griffin

 

Kodal Minerals PLC (KOD.LN) said Tuesday that drilling has defined a new gold anomaly at the joint venture Nielle Exploration Program in Ivory Coast, returning grades of up to 8.28 grams of gold per ton.

The mining company, which has two joint ventures in the Ivory Coast, of which the Nielle Exploration Program is shared with Resolute Mining Ltd. (RSG.AU), said that the results warranted further exploration on the Nielle mining license.

The company also said that Newcrest Mining Ltd. (NCM.AU) has given notice of its intention to withdraw from the Dabakala joint venture--Kodal Mineral's second in the Ivory Coast--leaving Kodal Minerals owning 100% of the license.

Kodal Minerals said it is now looking at opportunities for this landholding, which include direct geochemical sampling, or entering into further joint ventures.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com

 

(END) Dow Jones Newswires

February 20, 2018 03:42 ET (08:42 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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