Kodal Minerals PLC (LSE:KOD) said drilling results returned wide, high-grade intersections of gold mineralisation at the Nielle Concession in northern Côte d'Ivoire.
Zones of high-grade gold mineralisation included 33 meters at 2.33 grammes a tonne (g/t) gold from a depth of 3 metres, including 6 metres at 7.99g/t gold; 12 metres at 5.96g/t gold, including 6 metres at 11.45g/t gold; 6 metres at 6.51g/t gold and 9 metres at 3.76g/t gold.
"These wide, high-grade drill results from our first drilling campaign at Nielle are very encouraging,” said chief executive Bernard Aylward. “We have been able to confirm and extend the zone of gold mineralisation discovered by our former joint venture partner, and in addition we have been able to identify new zones of gold mineralisation that highlight the prospectivity of this new region.”
The results confirmed drill intersections extending to the north and south along strike of the previously defined gold mineralised zone, and a new western zone has been intersected and remains open along strike.
“We are awaiting final results from the reconnaissance aircore drilling and will undertake a detailed review of all drilling to plan the next phase of reverse circulation drilling that we would like to undertake as soon as access and rig availability allows,” said Aylward.