Kodal Minerals (KOD)

Sector:

Mining

Index:

FTSE AIM All-Share

0.42p
   
  • Change Today:
    -0.015p
  • 52 Week High: 0.88
  • 52 Week Low: 0.28
  • Currency: UK Pounds
  • Shares Issued: 20,241m
  • Volume: 79,377,902
  • Market Cap: £84.00m

Deal with Barclays    Trade now with Barclays Stockbrokers

Kodal drops despite positive results from lithium drilling

By Iain Gilbert

Date: Tuesday 25 Jul 2017

LONDON (ShareCast) - (ShareCast News) - West Africa-focused explorer Kodal Minerals has completed a major reverse circulation drilling programme at the Bougoni lithium project in southern Mali.
Completed in June, the RC programme reported assay results for drill hole KLRC055 at an intersection of 7m at 1.52% Li2O from 79m depth.

Previous drillings at the prospect had shown higher grades, with the lowest from its previous efforts being 1.54% Li2O and highest being 1.80% Li2O.

The drill hole, located at the eastern end of the Ngoualana prospect, confirms further opportunities along the eastern expansion, with drilling set to continue at the end of the wet season in southern Mali.

Processing has begun on the core from the five diamond drill holes at Ngoualana, with samples being selected for additional metallurgical testing.

Ground geophysical surveys, designed to test if the structures hosting the mineralised pegmatite veins can be detected and delineated are underway to aide in future drill targeting.

As of BST 0900 shares were down 10.14% to 0.31p

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 0.42p
Change Today -0.015p
% Change -3.49 %
52 Week High 0.88
52 Week Low 0.28
Volume 79,377,902
Shares Issued 20,241m
Market Cap £84.00m

Kodal Minerals Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
34.06% above the market average34.06% above the market average34.06% above the market average34.06% above the market average34.06% above the market average
55.24% above the sector average55.24% above the sector average55.24% above the sector average55.24% above the sector average55.24% above the sector average
Income Not Available
Growth Not Available

Kodal Minerals Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:30 10,466 @ 0.43p
16:29 200,000 @ 0.42p
16:28 738,685 @ 0.40p
16:21 649,099 @ 0.40p
16:21 509 @ 0.43p

Kodal Minerals Key Personnel

CEO Bernard Aylward

Top of Page