Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Kodal Minerals Finds High-Grade Copper At Grimeli Mine In Norway

3rd Nov 2014 07:44

LONDON (Alliance News) - Kodal Minerals PLC on Monday said it has found high-grade copper at the upper mine in the Grimeli prospect in Norway.

The highest grade result from a series of underground channel samples taken from the upper mine returned a grade of 7.24% copper over 1.74 metres, it said.

Kodal said it is now planning to start a drill programme to explore the areas to the east, west and below the current sampled area.

"These sample grades further demonstrate the grade potential of the Grimeli Project. We look forward to drill testing this area along with the untested 3,200 metre magnetic anomaly previously reported," said Kodal Chief Executive Officer Luke Bryan.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2014 Alliance News Limited. All Rights Reserved.


Related Shares:

Kodal Minerals
FTSE 100 Latest
Value8,275.66
Change0.00