Live Breaking News & Updates on Advanced Fatou Gold Project

 
Project Level Funding Proposal for Major Exploration Campaign,
 & Gold Portfolio Update
 
Kodal Minerals, the mineral exploration and development company focused on its Bougouni Lithium Project in southern Mali (the Bougouni Project or the Bougouni Lithium Project ) is pleased to announce the acquisition of the Fatou Gold Project in southern Mali ( Fatou or the Fatou Project ) (the Acquisition ).  Fatou already has a historical compliant NI 43-101 Resource of over 350,000oz which is expected to increase based on a funded 9-month drilling programme.
 
In conjunction with the Acquisition, Kodal Minerals has received a subsidiary-level project funding proposal from AIM-quoted Riverfort Global Opportunities PLC and Riverfort Global Opportunities PCC (together, the Investors ) to provide up to US$2,500,000 to fund part of the Acquisition, implement a major exploration campaign at Fatou and fund exploration at the Company s additional gold projects ....

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