Kodal Minerals (KOD)

Sector:

Mining

Index:

FTSE AIM All-Share

 0.26p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.39
  • 52 Week Low: 0.21
  • Currency: UK Pounds
  • Shares Issued: 16,904m
  • Volume: 44,237,284
  • Market Cap: £43.10m

Kodal Minerals' shares fly on Bougouni test-drilling update

By Andrew Schonberg

Date: Friday 03 Mar 2017

LONDON (ShareCast) - (ShareCast News) - Shares in Kodal Minerals are up more than a quarter after it identified additional wide pegmatite veins at the Bougouni Lithium Project that will be test drilled in March.
"This field activity continues to confirm our strategy of developing a mining hub at Bougouni based on multiple, high-grade lithium pegmatite veins within the project area," it said.

It said reverse circulation drilling was to begin in early March, first targeting the Ngoualana prospect where previous drilling confirmed wide, high-grade mineralisation of up to 28m at 1.84% Li2O.

Follow-up drilling was planned for Ngoualana to target the strike extensions, test depth continuity and define the high-grade mineralised zones.

Drilling would test the high priority targets identified from trenching and accelerate the Bougouni project towards seeking a maiden resource estimation in 2017.

Kodal said a total of 14 trenches for 862m had been completed, and that assay results were awaited.

At 10:41 GMT, shares in AIM-listed Kodal were up 25.29% to 0.27p each.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Kodal Minerals Market Data

Currency UK Pounds
Share Price 0.26p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.39
52 Week Low 0.21
Volume 44,237,284
Shares Issued 16,904m
Market Cap £43.10m

Kodal Minerals Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
47.12% below the market average47.12% below the market average47.12% below the market average47.12% below the market average47.12% below the market average
19.35% below the sector average19.35% below the sector average19.35% below the sector average19.35% below the sector average19.35% below the sector average
Price Trend
7.81% above the market average7.81% above the market average7.81% above the market average7.81% above the market average7.81% above the market average
27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average
Income Not Available
Growth Not Available

Kodal Minerals Dividends

No dividends found

Trades for 17-Aug-2022

Time Volume / Share Price
17:07 500,000 @ 0.26p
16:29 64,750 @ 0.26p
16:25 1,097 @ 0.26p
16:22 500,000 @ 0.26p
16:19 1,000,000 @ 0.25p

Kodal Minerals Key Personnel

CEO Bernard Aylward

Top of Page