The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR") Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining 20 June 2017 Kodal Minerals plc (‘Kodal Minerals’ or ‘the Company’) Wide, high-grade lithium mineralisation continues at Ngoualana Prospect within Bougouni Lithium Project, Mali Kodal Minerals plc, the mineral exploration and development company focussed on West Africa, is pleased to announce further wide, high-grade lithium mineralised drill intersections from the ‘Ngoualana Prospect’, located at the Company’s Bougouni lithium project in Southern Mali (“Bougouni” or the “Bougouni Project”). Highlights • Assay results continue to confirm consistent wide, high-grade lithium mineralisation at the Ngoualana prospect with intersections including: o 28m at 1.96% Li2O from 178m; o 24m at 1.73% Li2O from 37m; o 17m at 1.58% Li2O from 187m; and o 16m at 1.82% Li2O from 156m • Ngoualana drilling completed - total of 33 reverse circulation (“RC”) drill holes for 4,802m and five diamond drill holes for 362.1m completed • Assay results remain pending for a further 10 RC drill holes that have been submitted to the laboratory • Diamond drill core is being geologically logged and prepared for sampling and all the diamond core will be geotechnically logged and reviewed for detailed metallurgical test work • Sogola-Baoule prospect (Bougouni Project) follow-up drilling completed with a further nine RC drill holes for 1,463m completed. All assay results are pending • Major drilling campaign completed at the Bougouni Project with four prospects tested for a total of 57 RC drill holes for 8,912m and five diamond drill holes for 362.1m completed Bernard Aylward, CEO of Kodal Minerals, said: “These assay results continue to confirm the high-grade and consistent mineralisation of the Ngoualana pegmatite that currently remains open along strike and at depth. We have completed a programme of diamond drilling to provide the best quality geological information and we are extremely pleased to report that the diamond core confirms the width of the pegmatite intersected in the RC drilling and highlights the consistency of the vein. Furthermore, the multiple parallel and subsidiary veins are also demonstrating continuity of strike that will add to the potential for mining.
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Kodal Minerals plc (‘Kodal Minerals’ or ‘the Company’) Bougouni Lithium Project, Mali Kodal Minerals plc, the mineral exploration and development company focussed on West Africa,
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The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations (EU) No.