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Birimian Ltd.
Summary
| Project: | Massigui | |
|---|---|---|
| Deposit: | Koting | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 9/12/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-9-2018: Birimian Ltd. announces an Exploration/Drilling Update report for its Koting deposit at the Massigui project. Drilling results incl. 12.0m @ 0.26ppm Au from 0m. Birimian Limited (ASX:BGS; Birimian and the Company) wishes to advise the results | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andy Wilde (Internal) | |
| ABSTRACT: | Birimian Limited (ASX:BGS; Birimian and the Company) wishes to advise the results of the auger drilling program at Koting (PR13/3128 Finkola and 14/1705 N’tiola) carried out in March and April 2018. All geochemical data for the new samples has now been received. A total of 678 holes were completed (including holes drilled in 2014) for 8,232m (average depth - 12m). Figure 1 shows an image of maximum downhole gold concentration. Anomalies have been defined using a threshold of 100ppb Au. This highlights five significant anomalies, designated K1 to K5. In order of interest, these are: • Anomaly K3, which is clearly a highly prospective target. Its occurrence is probably due to two parallel vein systems, each of which extends over at least 1.7km of strike. Anomalous auger gold values include: 0.56, 0.18, 0.17, 0.16 and 0.15 g/t Au. This anomaly has yet to be drilltested as a priority target. The discovery of K3 and open nature of K2 give clear focus for follow up investigation. Anomalies K2 and K3 warrant RC/diamond drilling, which is being planned for the period following conclusion of the rainy season in October. Birimian’s Executive Director and Chief Executive Officer, Mr Greg Walker, said the results of the Koting auger program were highly encouraging and demonstrated the exploration potential of the Company’s gold holdings at Massigui. “In addition to Birimian’s primary focus on the development of our whollyowned Goulamina Lithium Project, the Company continues to work on our gold tenements and remains committed to maximising the value of these assets. The auger results have provided highly prospective targets which warrant follow-up attention. This work will be incorporated into our next gold exploration program.” | |
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