Kodal Minerals plc (KOD.L) is a mineral exploration and development company. Its primary focus is on the immediate exploration and definition of the lithium mineralisation at the Bougouni Project in southern Mali – an emerging lithium province.
A Feasibility Study published in Q1 2020 highlighted the potential for a very robust mining operation. The Company received approval for its Environmental and Social Impact Assessment application in Q4 2019 and a Mining Licence application was lodged in Q1 2020. Once the Mining Licence is granted the Company intends to move forward with mine development at Boungouni.
Kodal holds a highly prospective suite of gold assets in West Africa. The active joint ventures in Cote d’Ivoire are ensuring that funds are spent advancing exploration on its projects with the potential for new discovery. The Company is continuing to assess and rank the projects it holds directly to determine priorities for further exploration or for ways to deliver value for shareholders.
