Ann: Bougouni Lithium Project Update-BGS.AX, page-2

Not wasting any time and not much red tape either.


HIGHLIGHTS

 New exploration areas granted at the Bougouni Lithium Project  Project tenure expanded and combined into one large (250km2 ) title granted 100% to Birimian.

 Detailed reconnaissance exploration program underway to follow up known lithium pegmatites and identify undiscovered lithium pegmatites within expanded project area

 Preparations well advanced for commencement of Reverse Circulation drilling and diamond drilling at Goulamina high grade, potential bulk tonnage lithium deposit

 Drilling to commence in early May  $3 million rights issue fully underwritten by Merchant Corporate Finance Pty Ltd in progres