Kodal Minerals has increased its exposure to the high demand lithium market through an agreement to explore and acquire a concession in southern Mali that is prospective for lithium mineralisation.
The concession, known as Kolassokoro is immediately adjacent to the recently acquired Madina project giving Kodal a total of 500sq km land holding with defined high grade lithium targets.
This is in line with Kodal's strategy to identify value accretive strategic mineral opportunities in West Africa.
The Agreement is with EMAS Mining SA, a local Malian company that holds the Kolassokoro concession, and grants Kodal exclusive rights to explore the 250km2 Kolassokoro concession.
Kolassokoro concession contains five identified lithium bearing pegmatite veins, with the Ngouanala vein and Sogola vein of high interest to Kodal.