https://www.engineeringnews.co.za

Bougouni project’s resource rises by 23%

28th February 2019

By: Tasneem Bulbulia

Deputy Editor Online

     

Font size: - +

The Joint Ore Reserves Committee- (Jorc-) compliant mineral resource estimate for Kodal Minerals’ 450 km2 Bougouni lithium project, in Mali, has increased by 23%.

Kodal on Thursday published the results of an updated resource estimate, which incorporates the results of all definition and extension drilling completed from October to December 2018 and, importantly, has allowed the company to classify a major portion of the minerals resource estimate – 55% – as indicated resource.

“The significance of this updated and increased mineral resource estimate lies in the fact that it enabled us to classify a large portion of the mineral resource estimate as an indicated resource – this is fundamental for our ongoing mine development study,” commented Kodal CEO Bernard Aylward in a statement on Thursday.

The drilling focused solely on the three prospects with existing resources, namely Sogola-Baoule, Ngoualana and Boumou.

The overall Jorc-compliant mineral resource increased to 21.3-million tonnes at 1.11% lithium oxide (Li2O), with 11.6-million tonnes at 1.13% Li2O in the indicated category and 9.7-million tonnes at 1.08% Li2O in the inferred category.

Moreover, a mine development study at Bougouni is advancing, with the environmental- and social-impact assessment nearing completion and engineering consultants having been appointed to advance mine planning.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

The Beneficiation Academy
The Beneficiation Academy

The Beneficiation Academy is a certified training institution that follows all compliance legislation and is accredited with various Sector...

VISIT SHOWROOM 
The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.051 0.48s - 140pq - 2rq
Subscribe Now