Kodal Minerals says the initial drilling assay results have confirmed further extensions to the Boumou prospect located within the Bougouni lithium project in Mali with wide, high-grade lithium mineralised intersections hosted by spodumene-rich veins.
It said additional assay results for the reverse circulation (RC) drilling programme are pending, and diamond core drilling is continuing onsite to test the prospect further, with results expected in due course.
"The Boumou prospect at our flagship Bougouni lithium project continues to exceed our expectations and these new wide, high-grade intersections provide further support for the interpretation of the continuity of the pegmatite mineralisation, as defined in the March 2023 drilling campaign,” said Kodal Minerals chief executive Bernard Aylward.
“The extension and definition of the Boumou prospect continues to be the highest priority for the exploration drilling, and the potential to define further coarse-grained mineralisation suitable to dense media separation (DMS) treatment may provide the opportunity to further extend the current 4-year life of the Stage 1 Ngoualana DMS treatment plant currently in construction.”
He said their exploration team is reviewing a metallurgical test work programme to plan for the optimisation of the Stage 2 floatation design and optimise the mining schedule with Boumou and Sogola-Baoule prospects.
Kodal said the 2024 drilling programme is concurrent with the building of the Ngoualana mine and DMS processing plant for Stage 1 of the Bougouni project, where significant progress continues.
Current site activity includes the civil concrete work for the footings of the DMS and crushing circuits, the preparation of the project office and site area, and the completion of topsoil stripping to commence the Ngoualana open pit construction.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
