{"id":134062,"title":"Kodal Minerals comments on report published by Hainan Mining","publisher":"Share Talk","author":"sharetalk","published":"2026-03-25T16:47:51+00:00","modified":"2026-03-25T16:47:51+00:00","canonical_url":"https://www.share-talk.com/kodal-minerals-comments-on-report-published-by-hainan-mining/","markdown_url":"https://www.share-talk.com/kodal-minerals-comments-on-report-published-by-hainan-mining.md","json_url":"https://www.share-talk.com/kodal-minerals-comments-on-report-published-by-hainan-mining.json","category":"Mining","categories":["Mining"],"tags":["Bernard Aylward","Bougouni","Bougouni Lithium Project","CEO","china","investment","KOD","Kodal Minerals","Lithium","Lithium Mines","marmite","Meta","Share Talk"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/11/KOD-22ND-NOV-2025-PUBLISH.webp?fit=1200%2C800&ssl=1","format":"news","language":"en-GB","content":"**Kodal Minerals plc** has clarified that a reported increase in resources at its **Bougouni Lithium Project** remains **unverified and preliminary**.\n\nThe update follows a 2025 performance report from partner Hainan Mining Co. Ltd, which suggested an additional **15.47 million tonnes of spodumene resources**. Hainan holds a **51% stake** in the joint venture, with Kodal owning **49%**.\n\nKodal emphasised that the figure is based on an **internal estimate using 2025 drill data**, and has **not yet been independently audited or confirmed as JORC-compliant**.\n\nWhile earlier drilling at the **Boumou prospect** pointed to potential resource growth, the company said **geological interpretation is still ongoing**, and a formal resource upgrade cannot be declared until **independent validation is completed**.\n\nAny confirmed increase in the mineral resource estimate will be announced via RNS, though **no update is expected in the near term**.\n\nFor more information on Kodal, please visit [kodalminerals.com](https://kodalminerals.com/)"}