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Project Overview

Kodal is the 100% owner of the 360.6km2 Korhogo concession located in north central Cote d’Ivoire, approximately 250km north of the capital city Yamoussoukro.  The concession was granted on 8 January 2014 for a three-year term, with additional three year renewals available.

The exploration completed at Korhogo to date is at a very early stage, with no previous modern exploration completed prior to the grant of the concession.  Initial surface geochemical sampling had been completed by Taruga Gold Limited (ASX:TAR), and this surface geochemical sampling programme was designed to test multiple targets and assess priority areas on a very wide-spaced 1km x 200m reconnaissance grid.  This surface sampling has consisted of conventional surface sampling, with a 2kg sample collected from approximately 50cm below surface and a series of termite mound samples.  A total of 644 samples have been collected and analysed at SGS Laboratories, Bamako by Fire Assay for gold only. The total geochemical sampling for the concession is 933 samples with a range of assay results from below detection to a maximum of 92ppb Au.