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Kodal releases resource, causes selloff

Kodal Minerals (AIM:KOD) has released its maiden resource, although it lands in a lithium market the company hardly could have expected when it joined the rush in 2016.

Kodal releases resource, causes selloff Kodal releases resource, causes selloff Kodal releases resource, causes selloff Kodal releases resource, causes selloff Kodal releases resource, causes selloff

Kodal says it will release an updated mineral resource by the end of the year

The explorer's Bougoui project in Mali has a mineral resource of 17.3 million tonnes at 1.2% inferred Li2O, spread over three prospects.

An openpit concept sees 13.2Mt at 1.