Ann: Bougouni Lithium Project Update-BGS.AX, page-75

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mystikal

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10/10/16

14:05

Post #: 19746593
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Originally posted by Gwaihir ↑

Exceptional drilling and report - again!

Oh man, these are the best grades of any Lithium project globally, since Greenbushes.

And grades cannot be ignored for long.

Previously tested to chemical grade 6.7% Spodumene - exceptional.

The old experienced CEOs of 2 USA Lithium companies believe that Lithium grade is king, look for those deposits that are over 1.5%. I've posted the link to these articles before.

Spodumene is not rare, but high grades are - this is the crucial difference. BGS has the second highest in the world from their drilling so far, and no-one seems to be disputing this.

Drilling commences again in November.

I think what you will get at some point, for better or for worse, is one of the big international Lithium mining companies taking a position in BGS, it could be Albemarle, or SQM, or FMC, or Tianqi, or Ganfeng.

The latest results include the widest and highest grade intersections reported to-date from Goulamina. These zones remain open along strike and to depth. The potential here is enormous.

BGS are moving fast now, bringing in experienced and well credentialled consultants.

Cube consulting.
CSA Global.
Como Engineering.
Digby Wells Environmental.

It's all happening. They are not messing around.

Gw

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dont forget Minemark even though they havent been officially confirmed in announcements but as previous threads have stated they are very much in the process!

The JORC should not take too long.

Last edited by mystikal: 10/10/16

BGS Price at posting: 38.8¢ Sentiment: Hold Disclosure: Held
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Ann: Bougouni Lithium Project Update-BGS.AX, page-75

Top Stories

First Lithium hits high-grade mineralisation in all holes of diamond program in Mali

Strickland Metals jumps on mammoth gold-copper-silver hit over 300m width at Serbian Rogozna Project

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

US FDA awards Clarity Pharma's novel prostate cancer PET scan imaging compound fast track status

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