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Birimian begins lithium quest
2 minute read
Birimian Gold (ASX:BGS) is off and racing in its transition from a gold play to a lithium player – unveiling its first drilling campaign at its Bougouni project in Mali.
BGS told shareholders that a reverse circulation drilling rig was on site in Mali and a diamond drilling rig would be on site in about three weeks.
BGs is aiming to drill 5000m at the project, which has an exploration target of 15 – 18 million tonnes of lithium oxide at an average grade of 2.2%.
The exploration target was informed by previous work done by mining consultancy CSA Global as part of a program funded by the World Bank aimed at stimulating the economy of Mali – which remains a high jurisdictional risk. Getting mining projects up and running in countries such as Mali is no simple feat, and there may be challenges ahead.
CSA Global undertook a systematic sampling program at the site to grab a bulk sample, which was then processed to produce a 6.7% concentrate – proving that rock from Bougouni could be processed into a saleable product.
The aim of the drilling is to fast-track an initial resource estimate and release a scoping study by the end of the year.
About Birimian Gold (ASX:BGS)
Birimian Gold is a multi-commodity mineral exploration company holding substantial interests in several lithium and gold projects in West Africa.
The company is actively exploring in excess of 2000km2 of highly prospective tenure in Mali and Liberia, and continues to work to secure additional high potential projects in the region.
Birimian Gold’s projects include the Bougouni Lithium Project, the advanced Massigui Gold Project, and the Dankassa Gold Project, all situated in southern Mali. The company also operates the Basawa Gold Project in Liberia.