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Birimian Ltd.

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Summary

Project:

Bougouni

Deposit:Goulamina
Location:Mali
Commodities:Lithium
Date:9/28/2016
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:28-9-2016: Birimian Ltd. announces an Exploration/Drilling Update report for its Goulamina deposit at the Bougouni project. Drilling results incl. 53m @1.69% Li2O from 90m. Birimian Limited (ASX:BGS; “Birimian” and “Company”) is pleased to announce furthe
Resources:x
CP/QP:[Overall Report]: Kevin Joyce (Internal)
ABSTRACT:Birimian Limited (ASX:BGS; “Birimian” and “Company”) is pleased to announce further high-grade results from its maiden drilling program at its 100%-owned Bougouni Lithium Project (“Project”) in southern Mali. The Project comprises a large license area spanning some 250 km2 , and hosts the high-grade, potential bulk-tonnage Goulamina lithium deposit. Further promising results have now been received for eight (8) diamond drill (DD) holes targeting extensions of the Goulamina Main Zone (Figure 1). Substantial intersections continue to define high-grade lithium beyond 150m down dip, and confirm robust continuity in the up-dip portions of the deposit. Detailed drilling at Main Zone has defined shallow, continuous, high grade lithium mineralisation over approximately 700 metre of strike, and beyond 150m down dip (see Figures 1 and 2). Drill holes into the recent West Zone discovery have confirmed wide and high grade lithium mineralisation over approximately 300m of strike, with significant scope for extensions along trend. Results are also pending for a further five (5) diamond holes evaluating along strike and down dip from the exciting new West Zone discovery. Birimian believes there is excellent potential to add significant tonnages of high grade mineralisation with more drilling here. A total 50 holes for 5,179m of drilling have now been completed at the Main and West Zones. This first phase work program provides the geological and grade data required to estimate the maiden resource at Goulamina. Birimian has engaged Cube Consulting and CSA Global to undertake an independent resource estimation and preliminary economic mining study for the Project. Data compilation and validation is progressing well, with the maiden JORC-compliant resource expected in October.

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