Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining

RNS Reach non-regulatory announcement

10 July 2019

Kodal Minerals plc ('Kodal Minerals' or the 'Company')

Presentation at Investor Conference

Kodal Minerals plc (LON:KOD), the mineral exploration and development company focused on the Bougouni Lithium Project in Southern Mali ('Bougouni' or the 'Project') is pleased to advise that Bernard Alyward, Chief Executive Officer, will be delivering a presentation to investors at the SVS Securities and UK Investor Magazine investor evening on Thursday 18 July 2019. The event commences at 6:00pm and is being held at the Skinners Hall, 8½ Dowgate Hill, London EC4R 2SP.

Those wishing to register for this complimentary event may do so through the following link:

https://www.eventbrite.co.uk/e/uk-investor-magazine-svs-securities-summer-investor-evening-tickets-62427386995

A copy of the presentation will be available to investors on the evening and will be available to view on the Company's website shortly after the event.

**ENDS**

For further information, please visit www.kodalminerals.com or contact the following:

Kodal Minerals plc

Bernard Aylward, CEO

Tel: +61 418 943 345

Allenby Capital Limited, AIM Nominated Adviser

Jeremy Porter/Nick Harriss

Tel: 020 3328 5656

SP Angel Corporate Finance LLP, Financial Adviser & Broker

John Mackay

Tel: 020 3470 0470

St Brides Partners Ltd, Financial PR

Catherine Leftley/Cosima Akerman

Tel: 020 7236 1177

About Kodal Minerals

Kodal Minerals' primary focus is on the rapid advancement towards production of its flagship Bougouni Lithium Project in Southern Mali. The JORC Resource Estimate places the Bougouni Project in the top 15 hard rock lithium projects globally and was calculated using only three of the eight currently recognised prospects demonstrating the significant exploration upside potential remaining across the 450km2 project area. The Mineral Resource estimate for the Ngoualana, Sogola-Baoule and Boumou prospects are tabulated below. These mineral resources are reported in accordance with the JORC Code:

Prospect

Indicated

Inferred

Total

Tonnes

(Mt)

Li2O%

Grade

Contained Li2O

(kt)

Tonnes

(Mt)

Li2O%

Grade

Contained Li2O

(kt)

Tonnes

(Mt)

Li2O%

Grade

Contained Li2O

(kt)

Sogola_Baoule

8.4

1.09

91.9

3.8

1.13

42.8

12.2

1.10

134.8

Ngoualana

3.1

1.25

39.2

2.0

1.12

22.1

5.1

1.20

61.3

Boumou

4.0

1.02

40.4

4.0

1.02

40.4

TOTAL

11.6

1.13

131.2

9.7

1.08

105.3

21.3

1.11

236.5

Notes: Mineral resources are reported using a 0.5%Li2O cut-off. Figures may not sum due to rounding. The contained metal is determined by the estimated tonnage and grade.

The Bougouni Project and recently acquired 200km2 Bougouni West project are located in an emerging lithium province that is already attracting the attention of investors and off-take partners interested in securing a long-term supply of lithium. With the support of its strategic investor and off-take partner Suay Chin International Pte, a Singapore-based lithium and chemical trader, Kodal Minerals is well funded to continue its ambitious development programme at Bougouni.

Further to this, Kodal Minerals is the manager of additional lithium and gold projects that are undergoing low cost exploration programmes in addition to JV funded gold properties in Cote d'Ivoire that offer potentially significant long-term value.

Attachments

  • Original document
  • Permalink

Disclaimer

Kodal Minerals plc published this content on 10 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 July 2019 11:57:09 UTC