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Kodal Minerals Pleased With Test Results From Bougouni In Mali

(Alliance News) - Kodal Minerals PLC on Tuesday said work at the Bougouni project in Mali has ...

Alliance News 20 August, 2019 | 1:48PM
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(Alliance News) - Kodal Minerals PLC on Tuesday said work at the Bougouni project in Mali has backed up the suitability of dense media separation.

Test work using DMS at the Ngoualana prospect has returned concentrate grades of 6.0% lithium oxide and recoveries of up to 70%.

Kodal will continue with metallurgical test work at the Boumou deposit and also will test at Sogola-Baoule.

Chief Executive Bernard Aylward said: "The various metallurgical test works carried out over the project area have highlighted the importance of the coarse grained Ngoualana mineralisation.

"The identification of this ore type has influenced how we will plan for the development of the Bougouni lithium project as now we are aware we can commence with a low upfront capital cost solution of initial DMS testing, with the deferred addition of a flotation processing circuit to improve recoveries when required."

"We are continuing to advance our Bougouni project with this metallurgical test work programme being undertaken in conjunction with both the engineering studies to optimise the potential open pit mining operations, as well as the planning of the transport and logistical support for the Project," Aylward continued.

Kodal shares were 7.0% higher on Tuesday afternoon in London at a price of 0.075 pence each.

By George Collard; georgecollard@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Kodal Minerals PLC 0.06 GBX 4.55 -

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