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Birimian Ltd.
Summary
| Project: | Bougouni | |
|---|---|---|
| Deposit: | Goulamina West | |
| Location: | Mali | |
| Commodities: | Lithium | |
| Date: | 2/14/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 14-2-2017: Birimian Ltd. announces an Exploration/Drilling Update report for its Goulamina West deposit at the Bougouni project. Drilling results incl. 80m @ 1.48% Li2O from 43m. Birimian Limited (ASX:BGS; “Birimian” and “Company”) is pleased to announce | |
| Resources: | (Resource, I+I): 15.5Mt @ 1.48% Li2O for 229000t Li2O contained at Goulamina | |
| CP/QP: | [Overall Report]: Kevin Anthony Joyce (Internal) | |
| ABSTRACT: | Birimian Limited (ASX:BGS; “Birimian” and “Company”) is pleased to announce initial results from the second phase drilling program at the Goulamina deposit within its 100%-owned Bougouni Lithium Project (“Project”), southern Mali (Figure 1). With a Mineral Resource at Goulamina of 15.5 Mt @ 1.48 % Li2O, for 229,000 tonnes of contained Li2O, the deposit is among the highest grade lithium deposits of significant size globally. The current drilling program has been designed to expand the existing resource and enable upgrades to resource classifications for detailed feasibility assessments. Two diamond rigs and an RC rig are currently on site and have completed the original planned 10,000 metres of drilling. Given the early encouraging signs, the programme has been extended to incorporate additional drilling in selected priority areas. Results have now been received for nine (9) RC holes targeting strike extensions at Goulamina West Zone (Figure 1). These shallow step-out RC drill sections have intersected wide zones of high-grade lithium mineralisation, confirming the near surface and depth continuation of lithium prospective rocks and substantially expanding the potential resource in this area. RC drilling was initially prioritised to focus on testing strike extensions at the West Zone and at other exploration targets to the south of the deposit. The last phase of the RC drilling, which is now nearing completion, comprises 25m spaced infill sections over the Main and West Zones. Diamond drilling continues to test highly promising depth extensions to mineralisation at the West Zone. Drilling is expected to be completed in approximately two weeks. Analytical results will be announced as they come to hand over coming weeks. | |
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