Kodal Minerals PLC (AIM:KOD) CEO Bernard Aylward takes Proactive's Stephen Gunnion through initial drilling assay results from the Boumou prospect at the company's Bougouni Lithium Project in Mali.
Aylward expressed satisfaction with the current results, noting they have exceeded expectations.
"We're continuing to intersect high-grade pegmatite zones," Aylward said, mentioning notable results like 6.66m at 1.26% (Li2O) and 52m at 1.51%. These findings indicate multiple pegmatite zones, which is crucial for resource building.
Further assays are pending, with diamond core drilling ongoing, providing valuable geological, metallurgical, and geotechnical information for future planning. Aylward highlighted the support from their joint venture partner, Hainan Mining, which funds these activities.
Additionally, Aylward discussed progress on building the Ngoualana mine and the DMS processing plant, with significant construction activity and materials en route from China.