Kodal confirms more high-grade lithium mineralisation at Bougouni

Kodal Minerals has confirmed more high-grade lithium mineralisation from the first-pass drilling at the new prospects "Sogola-Baoule" and "Boumou" at the Bougouni Lithium Project in Southern Mali.

It said exploration drilling was continuing with the drill rig currently returned to begin immediate follow-up at Sogola-Baoule.

"Exploration drilling is continuing to target extensions along strike and at depth to define the size potential of the areas and demonstrate how these prospects will complement the more advanced Ngouanala prospect," said chief executive Bernard Aylward.

"Additional assay results are pending for the "Orchard" and "Ngouanala" prospects and will be reported to the market as soon as they become available."

At 10:45 BST, shares in AIM-traded Kodal were flat at 0.32p each.