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Hartley´s Research: Birimian buy with price target 0.60 AUD

Birimian Ltd is developing the Bougouni spodumene (lithium) project in Mali. The project is pre-resource, but drilling to date is very encouraging, and there had already been metallurgical bulk test work completed by CSA Global consultants in 2007. The project comprises a large license area spanning some 250km2, and hosts the high-grade, potential bulk-tonnage Goulamina lithium deposit. Drilling at the Main Zone has now defined mineralisation over ~700m of strike, with the West Zone appearing to be at least equal potential.


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