Birimian Ltd.

Bougouni Lithium Project Update

Share article on

Further broad, high- grade intersections at West Zone ahead of maiden JORC resource

  • Diamond drilling at Goulamina West Zone defines exceptionally wide and high grade intersections;
    • 82m  @  1.64 %  Li2O from 18m
    • 51m  @  1.93 % Li2O from 127m
      including 22m @ 2.23 % Li2O
    • 49m  @  1.68 % Li2O from 89m
      Including 13m @ 2.09 % Li2O
    • 36m  @  1.70 % Li2O from 91m
      including 10m @ 2.03 % Li2O
  • West Zone remains open along strike and at depth.
  • Strong potential to add significant tonnages of shallow, high grade lithium mineralisation with more drilling.
  • Resource evaluation and project studies commenced
  • Maiden JORC-compliant resource expected in October

Birimian Limited (ASX:BGS; “Birimian” and “Company” - http://www.commodity-tv.net/c/mid,2697,Company_Presentation/?v=296909) reports 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 250km2, and hosts the high-grade, potential bulk-tonnage Goulamina lithium deposit.

Further highly promising results have now been received for five (5) diamond holes evaluating along strike and down dip at Goulamina Main and West Zones (Figure 1). Of note, substantial intersections, including very broad widths at shallow depths, further confirm the significant upside potential of the exciting new West Zone discovery.

Figure 1. Goulamina Deposit. Plan view of lithium pegmatite with drill hole locations and reported drill intersections (red).

West Zone Extensions
Results from diamond holes drilled at the West Zone (Figure 1 and Table1) define high grade extensions along strike and to depth in the northern and central portion of this substantial mineralised zone. Results include;

  • 82m  @  1.64 %  Li2O from 18m
  • 51m  @  1.93 % Li2O from 127m
    including 22m @ 2.23 % Li2O
  • 49m  @  1.68 % Li2O from 89m
    including 13m @ 2.09 % Li2O
  • 36m  @  1.70 % Li2O from 91m
    including 10m @ 2.03 % Li2O

Drill holes into the West Zone have confirmed wide and high grade lithium mineralisation over approximately 300m of strike. The latest results include the widest and highest grade intersections reported to-date from Goulamina. These zones remain open along strike and to depth, implying significant scope for extensions along trend. Birimian believes there is excellent potential to add significant tonnages of high grade mineralisation with more drilling at West Zone.

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).  Assays from the final deeper diamond hole at the southern-most extent of Main Zone ; 22m @  1.11 % Li2O from 128m (bulked interval), confirm mineralisation continues at depth beyond the present limits of drilling in this area.
Exciting Next Steps

A total of 50 holes for 5,179m of drilling have 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. Cube Consulting and CSA Global have been engaged to undertake an independent resource estimation and preliminary economic mining study for the Project. Final data compilation and validation is progressing well, with the maiden JORC-compliant resource expected later this month.

Scoping level studies have also commenced with Como Engineers (Como) engaged to  determine the key processing parameters and estimate capital costs, which will be used to define subsequent phases of detailed work at the Bougouni Project. Como has significant experience in process design and engineering of spodumene concentration plants, including recently undertaking the Definitive Feasibility Study for Pilbara Minerals’ Pilgangoora Lithium Project.

Digby Wells Environmental (Digby Wells) personnel are in the field undertaking the initial social and environmental assessment for areas around the potential mine and processing site at Goulamina. This preliminary study will identify key environmental and social considerations, and will enable Digby Wells to prepare the Terms of Reference for the Environmental and Social Impact Assessment (ESIA) which







Figure 2. Goulamina Deposit cross sections.

will be utilised to formulate an appropriate plan for completion of necessary base line studies and submission of the formal project ESIA for mine permitting.

Mineralisation is open along strike and to depth outside the present limits of drill coverage.  Further drilling is planned to investigate extensions to mineralisation during the next phase infill and step-out drilling program. As previously advised, to facilitate completion of core processing and inclusion of all relevant data in the pending resource estimation, drilling has paused briefly and is expected to re-commence in November when scoping work has been substantially completed.

Goulamina – A Large Tonnage High Grade Lithium Deposit
The Goulamina deposit possesses significant high-grade and bulk tonnage potential. It is situated in close proximity to a sealed highway, grid power and abundant water, with the Selingue hydroelectric power station located some 45km to the north west (Figure 3).

The Project's maiden JORC-compliant resource is expected later this month, and Scoping Study by December 2016.

The deposit has substantial scope to expand into a large tonnage and high grade lithium project significantly exceeding early expectations. Importantly, mineralisation is open at both zones and there is significant untapped exploration potential within the 250km2 project area. Birimian remains confident that over the course of subsequent drilling campaigns, it will progressively increase the lithia inventory at Goulamina; ranking the deposit towards the upper end of contained lithia globally.

Previous processing test work has confirmed the viability of the pegmatite at Goulamina to produce a high quality chemical grade lithium concentrate. Test results show good spodumene (lithium) recoveries (84.7%) and high mass yield to produce a high quality, chemical grade (6.7%) spodumene concentrate. For reference, concentrate grades of 6% are typically demanded by global lithium carbonate producers.


Figure 3. Goulamina Location and Infrastructure.

For further information contact:

Mr Kevin Joyce
Managing Director
08 9286 3045
info@birimiangold.com

In Europe:
Swiss Resource Capital AG
Jochen Staiger
info@resource-capital.ch
www.resource.capital.ch

Competent Persons Declaration
The information in this announcement that relates to exploration results and the Exploration Target is based on information compiled by or under the supervision of Kevin Anthony Joyce. Mr Joyce is Managing Director of Birimian Limited and a Member of the Australian Institute of Geoscientists. Mr Joyce has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and the activity he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results. Mr Joyce consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Previous Reported Results
There is information in this announcement relating to previous Exploration Results at the Bougouni Project. The Company confirms that it is not aware of any other new information or data that materially affects the information included in the original market announcement, and that all material assumptions and technical parameters have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.
Forward Looking Statements
Statements regarding plans with respect to the Company’s mineral properties are forward looking statements. There can be no assurance that the Company’s plans for development of its mineral properties will proceed as expected. There can be no assurance that the Company will be able to confirm the presence of mineral deposits, that any mineralisation will prove to be economic or that a mine will successfully be developed on any of the Company’s mineral properties.

 

Table 1. Reported drill holes at the Bougouni Project, Mali, and significant intercepts.


Hole_ID

North

Eas t

Dip

Az m

Hole Depth

From

To

Width

% L i2O

GMDD0 04

1254 500

6138 48

-­‐60

265

195

128

133

5

1.8

and

 

 

 

 

 

139

14 1

2

1.8 6

and

 

 

 

 

 

14 5

150

5

1.4 7

GMDD0 05

1254 750

6134 25

-­‐60

265

125

18

10 0

82

1.64

GMDD0 06

1254 650

613560

-­‐60

265

165

91

127

36

1.7

and

 

 

 

 

 

14 9

157

8

1.5

GMDD0 07

1254 700

61354 0

-­‐60

265

18 0

89

138

49

1.68

and

 

 

 

 

 

150

162

12

1.4 4

GMDD0 08

1254 750

6134 75

-­‐60

265

18 0

72

123

51

1.93

and

 

 

 

 

 

14 1

14 6

5

1.11

  1. Intercepts are calculated as weighted average grades of 1m sample intervals using a 1%  Li 2O cut-­‐ off, allowing for   2m maximum internal waste.
  2. Intercepts are reported f rom 1m samples submitted to ALS  Bamako for analysis by Sodium Fusion ICP. 
  3. QAQC standards, blanks and duplicate samples were routinely inserted/ collected at every 10th  sample.

Table 2. Reverse Circulation and diamond drill holes at the Bougouni Project, Mali.


Hole_ID

North

Eas t

Dip

Az m

Hole Depth

Comment

GMRC0 01

1254 750

613630

-­‐60

265

78

Reported 12 July 2016

GMRC0 02

1254 750

61368 0

-­‐60

265

117

Reported 12 July 2016

GMRC0 03

1254 800

613615

-­‐60

265

60

Reported 12 July 2016

GMRC0 04

1254 800

613660

-­‐60

265

120

Reported 12 July 2016

GMRC0 05

1254 850

61360 0

-­‐60

265

60

Reported 12 July 2016

GMRC0 06

1254 850

61364 5

-­‐60

265

117

Reported 12 July 2016

GMRC0 07

1254 900

613570

-­‐60

265

57

Reported 12 July 2016

GMRC0 08

1254 900

613615

-­‐60

265

10 5

Reported 21 July 2016

GMRC0 09

1254 950

613560

-­‐60

265

72

Reported 21 July 2016

GMRC0 10

1254 950

613610

-­‐60

265

10 2

Reported 21 July 2016

GMRC0 11

1254 700

613650

-­‐60

265

72

Reported 21 July 2016

GMRC0 12D

1254 700

613695

-­‐60

265

14 0

Reported 28 September 2016

GMRC0 13

1254 650

613665

-­‐60

265

64

Reported 21 July 2016

GMRC0 14

1254 650

613710

-­‐60

265

110

Reported 21 July 2016

GMRC0 15

1254 600

61368 5

-­‐60

265

57

Reported 11 August 2016

GMRC0 16

1254 600

613730

-­‐60

265

10 2

Reported 11 August 2016

GMRC0 17

1254 550

613710

-­‐60

265

60

Reported 11 August 2016

GMRC0 18

1254 550

613760

-­‐60

265

10 8

Reported 11 August 2016

GMRC0 19

1254 500

613750

-­‐60

265

64

Reported 11 August 2016

GMRC0 20

1254 500

6138 01

-­‐60

265

75

Reported 11 August 2016

GMRC0 21

1254 500

6138 00

-­‐60

265

96

Reported 11 August 2016

GMRC0 22

1254 450

6138 00

-­‐60

265

93

Reported 11 August 2016

GMRC0 23

1254 450

6138 45

-­‐60

265

125

Reported 11 August 2016

GMRC0 24

1254 400

6138 25

-­‐60

265

75

Reported 11 August 2016

GMRC0 25

1254 400

6138 70

-­‐60

265

114

Reported 11 August 2016

GMRC0 26

1254 950

613510

-­‐60

265

54

Reported 11 August 2016

GMRC0 27D

1254 900

613665

-­‐60

265

18 0

Reported 28 September 2016

GMRC0 28 D

1254 800

613715

-­‐60

265

193

Reported 28 September 2016

GMRC0 29D

1254 700

613750

-­‐60

265

198

Reported 28 September 2016

GMRC0 30 D

1254 600

61378 5

-­‐60

265

18 0

Reported 28 September 2016

GMRC0 31D

1254 500

6138 50

-­‐60

265

110

Re-­‐ drill as GMDD004

GMRC0 32

1254 650

6134 70

-­‐60

265

63

Reported 11 August 2016

GMRC0 33

1254 650

613510

-­‐60

265

10 8

Reported 11 August 2016

GMRC0 34

1254 690

61358 0

-­‐60

18 0

51

Reported 11 August 2016

GMRC0 35

1254 600

613620

-­‐60

265

69

Reported 31 August 2017

GMRC0 36

1254 550

613530

-­‐60

265

48

Reported 31 August 2018

GMRC0 37

1254 550

613555

-­‐60

265

75

Reported 31 August 2019

GMRC0 38

1254 600

6134 95

-­‐60

265

57

Reported 31 August 2020

GMRC0 39

1254 600

61354 0

-­‐60

265

84

Reported 31 August 2021

GMRC0 40

1254 700

6134 50

-­‐60

265

80

Reported 31 August 2022

GMRC0 41

1254 700

6134 95

-­‐60

265

120

Reported 31 August 2023

GMRC0 42

1254 550

61360 0

-­‐60

265

120

Reported 31 August 2024

GMDD0 01

1254 800

61364 0

-­‐60

265

10 0

Reported 28 September 2016

GMDD0 02

1254 700

613675

-­‐60

265

10 0 .6

Reported 28 September 2016

GMDD0 03

1254 600

613710

-­‐60

265

10 0

Reported 28 September 2016

GMDD0 04

1254 500

6138 48

-­‐60

265

195

This announcement

GMDD0 05

1254 750

6134 25

-­‐60

265

125

This announcement

GMDD0 06

1254 650

613560

-­‐60

265

165

This announcement

GMDD0 07

1254 700

61354 0

-­‐60

265

18 0

This announcement

GMDD0 08

1254 750

6134 75

-­‐60

265

18 0

This announcement



JORC Code, 2012 Edition – Table 1

Section 1 Sampling Techniques and Data

Criteria

JORC Code explanation

Commentary

Sampling techniques

  • Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.
  • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.
  • Aspects of the determination of mineralisation that are Material to the Public Report.
  • In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.
  • Nominal 2.5kg sub samples were collected from half sawn HQ sized diamond drill core
  • Holes were routinely sampled at 1m intervals down the hole.
  • Routine standard reference material and sample blanks were inserted/collected at every 20th sample in the sample sequence.
  • All samples were submitted to ALS Bamako and subsequently forwarded to ALS Ouagadougou for preparation. Analysis was undertaken at ALS Perth by method ME-ICP89

Drilling techniques

  • Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc).
  • The reported drill holes are  standard tube HQ sized diamond drill holes.
  • The hole was drilled using a purpose built drill rig supplied and operated by Foraco Drilling.
  • Core diameter is 64mm.
  • .

Drill sample recovery

  • Method of recording and assessing core and chip sample recoveries and results assessed.
  • Measures taken to maximise sample recovery and ensure representative nature of the samples.
  • Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.
  • A quantitative measure of sample recovery was done for each run of drill core.
  • Drill sample recovery approximates 100% in mineralised zones. Sample quality is considered to be excellent.

Logging

  • Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.
  • Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.
  • The total length and percentage of the relevant intersections logged.
  • All drill sample intervals were geologically logged by qualified company geologists
  • Where appropriate, geological logging recorded the abundance of specific minerals, rock types and weathering using a standardized logging system.
  • The entire drill hole was logged and sampled.

Sub-sampling techniques and sample preparation

  • If core, whether cut or sawn and whether quarter, half or all core taken.
  • If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry.
  • For all sample types, the nature, quality and appropriateness of the sample preparation technique.
  • Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.
  • Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling.
  • Whether sample sizes are appropriate to the grain size of the material being sampled.
  • Drill core was sawn in half along its long axis. One half of the drill core was taken for geochemical analysis. All samples were collected at 1m intervals down the hole.
  • Additional sample preparation was undertaken by ALS Ouagadougou laboratory.
  • At the laboratory, samples were weighed, dried and crushed to -2mm in a jaw crusher. A 1.0kg split of the crushed sample was subsequently pulverised in a ring mill to achieve a nominal particle size of 85% passing 75um.
  • Sample sizes and laboratory preparation techniques are considered to be appropriate.

Quality of assay data and laboratory tests

  • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.
  • For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.
  • Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established.
  • Analysis for lithium and a suite of other elements is undertaken at ALS Perth by ICP-AES after Sodium Peroxide Fusion. Detection limits for lithium (0.01 -10%)
  • Sodium Peroxide fusion is  considered a “total” assay technique for lithium
  • No geophysical tools or other non-assay instrument types were used in the analyses reported.
  • Review of routine standard reference material and sample blanks suggest there are no significant analytical bias or preparation errors in the reported analyses.
  • Results of analyses for lab duplicates are consistent with the style of mineralisation being evaluated and considered to be representative of the geological zones which were sampled.
  • Internal laboratory QAQC checks are reported by the laboratory, including sizing analysis to monitor preparation.
  • Review of the internal laboratory QAQC suggests the laboratory is performing within acceptable limits.

Verification of sampling and assaying

  • The verification of significant intersections by either independent or alternative company personnel.
  • The use of twinned holes.
  • Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.
  • Discuss any adjustment to assay data.
  • Drill hole data is compiled and digitally captured by company geologists.
  • The compiled digital data is verified and validated by the Company’s database consultant before loading into the drill hole database.
  • Twin holes were not utilized to verify results.
  • Reported results are compiled by the Company’s database consultant and the Managing Director.
  • There were no adjustments to assay data.

Location of data points

  • Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.
  • Specification of the grid system used.
  • Quality and adequacy of topographic control.
  • Drill hole collars were set out in UTM grid WGS84_Zone29N
  • Drill hole collars were positioned using hand held GPS.
  • Downhole surveying for deviation was undertaken at 50m intervals down the hole.
  • SRTM elevation data was used to establish topographic control where appropriate.
  • Locational accuracy at collar and down the drill hole is considered appropriate for this early stage of exploration.

Data spacing and distribution

  • Data spacing for reporting of Exploration Results.
  • Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.
  • Whether sample compositing has been applied.
  • The reported holes located in proximity to previous RC holes, which were nominally drilled on 50m spaced east-west orientated drill sections.
  • Data spacing and distribution is not sufficient for resource estimation.
  • Sample compositing has not been used.

Orientation of data in relation to geological structure

  • Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.
  • If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.
  • Mineralisation at Goulamina outcrops at surface and the geometry of mineralisation is therefore well-defined. Drilling orientation has not biased the sampling.
  • Intersections in the reported drill holes are a reasonably reflection of the approximate true width of the mineralised zones

Sample security

  • The measures taken to ensure sample security.
  • Samples are stored on site prior to road transport by Company personnel to the laboratory in Bamako, Mali.

Audits or reviews

  • The results of any audits or reviews of sampling techniques and data.
  • There have been no external audit or review of the Company’s sampling techniques for diamond drilling.

 

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)


Criteria

JORC Code explanation

Commentary

Mineral tenement and land tenure status

  • Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.
  • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.
  • The reported results are from an area within the Torakoro Permit, which is held 100% by Timbuktu Ressources, a subsidiary of Birimian Limited
  • Tenure is in good standing.

Exploration done by other parties

  • Acknowledgment and appraisal of exploration by other parties.
  • The area which is presently covered by the Torakoro Permit was explored intermittently by government agencies in the period 1990 to 2008. Exploration consisted of soil sampling and mapping for gold.
  • In 2007-2008 an evaluation of the commercial potential for lithium at Goulamina was undertaken by CSA Global as part of the SYSMIN 7 economic development program.
  • CSA undertook mapping and bulk sampling of the Goulamina outcrop but did not undertake drilling. Bulk sampling and preliminary processing testwork confirmed the viability of the pegmatite at Goulamina to produce a high quality chemical grade lithium concentrate

Geology

  • Deposit type, geological setting and style of mineralisation.
  • Pegmatite Hosted Lithium Deposits are the target for exploration. This style of mineralisation typically forms as dykes and sills intruding or in proximity to granite host rocks.
  • Surficial geology within the project area typically consists of indurated gravels forming plateau, and broad depositional plains consisting of colluvium and alluvial to approximately 5m vertical depth.
  • Lateritic weathering is common away from the Goulamina deposit and in the broader project area.

Drill hole Information

  • A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:
    • easting and northing of the drill hole collar
    • elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar
    • dip and azimuth of the hole
    • down hole length and interception depth
    • hole length.
  • If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.
  • Significant results are summarised in Table 1 within the attached announcement.
  • The drill holes reported in this announcement have the following parameters applied -
  • Grid co-ordinates are UTM WGS84_29N
  • Collar elevation is defined as height above sea level in metres (RL)
  • Dip is the inclination of the hole from the horizontal. Azimuth is reported in WGS 84_29N degrees as the direction toward which the hole is drilled.
  • Down hole length of the hole is the distance from the surface to the end of the hole, as measured along the drill trace
  • Intersection depth is the distance down the hole as measured along the drill trace.
  • Intersection width is the down hole distance of an intersection as measured along the drill trace
  • Hole length is the distance from the surface to the end of the hole, as measured along the drill trace.
  • No results from previous exploration are the subject of this Announcement.

Data aggregation methods

  • In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated.
  • Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.
  • The assumptions used for any reporting of metal equivalent values should be clearly stated.
  • Drill hole intercepts are reported from 1m down hole sample intervals.
  • A minimum cut-off grade of 1.0% Li2O is applied to the reported intervals.
  • Maximum internal dilution is 2m within a reported interval.
  • No grade top cut off has been applied.
  • No metal equivalent reporting is used or applied

Relationship between mineralisation widths and intercept lengths

  • These relationships are particularly important in the reporting of Exploration Results.
  • If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.
  • If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg ‘down hole length, true width not known’).
  • See discussion in Section 1
  • Results are reported as down hole length

Diagrams

  • Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.
  • Drill hole location plan is included in Figure 1.

Balanced reporting

  • Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.
  • Results have been comprehensively reported in this announcement.
  • Drill holes completed, including holes with no significant intersections, are reported

Other substantive exploration data

  • Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.
  • There is no other exploration data which is considered material to the results reported in this announcement.

Further work

  • The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling).
  • Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.
  • RC and diamond drilling where appropriate will be undertaken to follow up the results reported in this announcement.
  •  
  • Birimian Ltd.: ISIN:AU000000BGS0, WKN:A1JQXE, FRA:N9F, ASX:BGS


New Videos Birimian Ltd.


TerraX receives $1,910,759 from the exercise of warrants

With the exercise of these warrants, the Company now has cash on hand of $2.83 Million.  

TerraX Minerals Inc.

Chartbook “In Gold we Trust 2017“ by Ronald Stöferle & Mark Valek

In Gold we trust 2017 Chartbook is the ulitmative booklet with 60 charts why gold is hot!

Ascendant Resources Inc. , Alabama Graphite Corp. , Altona Mining Ltd. , Birimian Ltd. , Caledonia Mining Corp. , Endeavour Silver Corp. , GoldMining Inc. , Klondex Mines Ltd. , MAG Silver Corp. , Osisko Gold Royalties Ltd. , Pershing Gold Corp. , Rye Patch Gold Corp. , Sibanye Gold Ltd. , Sierra Metals Inc. , TerraX Minerals Inc. , Treasury Metals Inc. , US Gold Corp.

Ascendant Resources Provides Third Quarter and September Production Update

  • Milled production for Q3 increased by 17% against Q2 2017 averaging 1,934 tpd; September milled production increased by 8% versus August 2017...
Ascendant Resources Inc.