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Birimian Ltd.
Summary
| Project: | Bougouni | |
|---|---|---|
| Deposit: | Goulamina | |
| Location: | Mali | |
| Commodities: | Lithium | |
| Date: | 7/12/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-7-2016: Birimian Ltd. announces an Exploration/Drilling Update report for its Goulamina deposit at the Bougouni project. Drilling results incl. 40m @ 1.84% Li2O from 10m. Birimian Limited (ASX:BGS; “Birimian” and “Company”) is pleased to announce it ha | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kevin Joyce (Internal) | |
| ABSTRACT: | Birimian Limited (ASX:BGS; “Birimian” and “Company”) is pleased to announce it has received the first batch of analytical results from its maiden Reverse Circulation (RC) drilling program at the Company’s 100%- owned Bougouni Lithium Project (“Project”) in southern Mali (Figure 1). The Project comprises a large license area spanning some 250 km2 , and hosts the high-grade, potential bulk-tonnage Goulamina lithium deposit. Since drilling commenced in May 2016, a total of 42 holes for 3,639 metres of RC drilling have been completed and the RC rig has now de-mobilised from site. Diamond drilling has commenced with a 700m programme progressing well. Analytical results received for the initial seven (7) RC holes confirm wide and high-grade lithium mineralisation at shallow depths along the northern portion of the Goulamina Zone. These are substantial and robust high-grade intersections determined using an elevated lower cut-off grade of 1% Li2O. Interpretation of the analytical results combined with geological information from the drilling confirms excellent continuity of broad lithium mineralised zones between drill holes, suggesting mineralisation will have low strip ratios and be highly amenable to bulk open pit mining. Analytical results are pending for the remaining 35 RC holes. Geological logging has confirmed the shallow depth extensions of spodumene (lithium) bearing pegmatite over the 700 metre long surface expression of the Goulamina Main Zone. Logging suggests mineralisation is open along strike beneath shallow soil cover to the north and south of the current limits of drilling. | |
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