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Birimian Ltd.

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Summary

Project:

Bougouni

Deposit:Goulamina
Location:Mali
Commodities:Lithium
Date:4/10/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Pre-Feasibility Study
Report details:10-4-2017: Birimian Ltd. announces an Exploration/Drilling Update report for its Goulamina deposit at the Bougouni project. Drilling results incl. 72m @ 1.56% Li2O from 24m. Birimian Limited (ASX:BGS; “Birimian” and “Company”) is pleased to announce addit
Resources:(Resource, I+I): 27.8Mt @ 1.42% Li2O for 393kt Li2O contained at project
CP/QP:[Overall Report]: Kevin Anthony Joyce (Internal)
ABSTRACT:Birimian Limited (ASX:BGS; “Birimian” and “Company”) is pleased to announce additional high grade drill results at the Goulamina deposit within its 100%-owned Bougouni Lithium Project (“Project”), southern Mali (Figure 1). The current Mineral Resource at Goulamina comprises 27.8 Mt @ 1.42 % Li2O, for 393,000 tonnes of contained Li2O, confirming the deposit is among the highest grade lithium deposits of significant size globally. The aim of the now complete drilling program has been to expand the existing resource and enable upgrades to resource classifications for detailed feasibility assessments. In total, 90 new holes for 11,483 metres of drilling have been completed in this phase of work and results so far indicate the program is achieving its aim. Results have now been received for a further 17 RC drill holes, comprising mainly 25m spaced infill drilling at Main and West Zones (Figure 1). Assays from RC drilling targeting infill areas at Main Zone and West Zone continue to return positive results. These holes are from 25m spaced infill sections that increase data density to improve resource confidence, and facilitate upgrading resource categories. Infill drilling shows excellent continuity of width and grade, providing strong support for the geological model in this area. Results are shown in Table 1. A further 13 holes from the recent drilling program are pending return of assay results. Significant results will be reported as they come to hand.

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