Proactive Investors - Run By Investors For Investors
Why invest in KOD?
Kodal Minerals PLC: DEEP DIVE
OVERVIEW

Kodal Minerals beginning to get a real handle on the potential on offer at Bougouni

The rate of progress on the Bougouni project has been very encouraging
Kodal Minerals beginning to get a real handle on the potential on offer at Bougouni
OVERVIEW: KOD The Big Picture
Lithium is essential in the manufacture of batteries for electric vehicles
 
  • Steady progress on the Bougouni lithium project in southern Mali
  • Run by experienced mining industry and mining finance professionals
  • Gold assets add additional upside

 

What does Kodal Minerals do?

Kodal Minerals PLC (LON:KOD) is a junior explorer with a focus on West Africa, and in particular lithium and gold. The company is run by experienced exploration geologist Bernard Aylward, helped by mining engineer Luke Bryan, who has 20 years’ experience in the business, and Robert Wooldridge, who is a partner in UK broking house SP Angel.

 

What Kodal Minerals owns

The company’s primary focus is on the Bougouni lithium project in Southern Mali. Recent resources drilling has returned attractive lithium grades, and will be used in the compilation of a new JORC resource, due imminently.

Kodal also owns the 109 square kilometre Diendio project, which is comprised of three contiguous licence areas located approximately 280 kilometres south of Bamako, the capital of Mali. Access to the project is by sealed road from Bamako, then good access throughout the licence area by local road and track.

Kodal also holds a highly prospective suite of gold assets in Mali and Cote D’Ivoire.

Active joint ventures in Cote d’Ivoire are ensuring that funds are spent advancing exploration the company’s projects without detracting from the focus on Bougouni.

 

Video

 

What the boss says: Bernard Aylward

"The large amount of technical work currently underway represents 'significant components of our upcoming Feasibility Study", said Bernad Aylward, chief executve, in June.

Inflection points

  • JORC resource imminent for Bougouni
  • Well-funded, but all junior explorers return to the market for more cash in due course
  • Metallurgical testwork will provide further detail on viability of Bougouni
  • Design engineering is ongoing for the proposed processing plant

 

 

View full KOD profile View Profile

Kodal Minerals PLC Timeline

Related Articles

Project area
February 12 2019
Forecast life-of-mine gold production jumps to 289,000 ounces following a new resource estimate and mine design.
1550831985_lithium-100118-2.jpg
June 10 2019
The rate of progress on the Bougouni project has been very encouraging
Vanadium periodic table on yellow cube
November 14 2018
Shares of the miner have more than doubled since April, not on recent results but on future prospects in uranium and vanadium

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use