Kodal Minerals (AIM: KOD), the West African lithium producer, mineral exploration and development company, announces that the Company’s licence in connection with the Nielle gold concession located in the Tongon-Banfora greenstone belt in Côte d’Ivoire (the “Nielle Licence”) has expired. Consequently, the Company no longer holds any continuing interest in that licence area.
The Nielle Licence was initially granted for a three-year period in 2014 and had been the subject of two renewals, each for three-year terms in accordance with the local mining code. In 2023 the Company was granted a further two-year exceptional renewal. The Company did request a further exceptional renewal of the Nielle Licence, however, this was not accepted.