Goulamina Lithium Project

The Goulamina Lithium Project comprises a land holding of 100 km2 covering highly prospective hard rock lithium pegmatites in the Bougouni Region of southern Mali, approximately 150km by road from Mali’s capital, Bamako.

The Definitive Feasibility Study (DFS) described a compelling long life, large-scale, hard rock open pit lithium mine in Mali, West Africa. It confirms that the project is one of the world’s best hard rock lithium assets, especially in terms of scale and cost of production when compared to current operations and prospective projects, delivering outstanding returns with a pre-tax NPV of A$1.7 billion.

A key advantage is the quality of the 6% Li2O spodumene concentrate (SC6) product, being high in grade and very low in iron and mica impurities.

Goulamina is simple and robust, with high grades and low strip ratios enhancing financial performance. The Project delivers outstanding returns and, unlike peers, delivers good returns even at todays depressed lithium prices. The Project is not dependant on credits from other minerals.

There is considerable potential to increase the size of open pit Mineral Resources and Ore Reserves through infill and extension drilling. These characteristics make Goulamina an important strategic asset for the world’s growing demand for lithium.

KEY ADVANTAGES:

High Grade:

Low Cost:

Low Risk:

World Class:

Substantial Mine Life:

Overview of Mine Layout
Coarse Spodumene Blades (Li Mineral) In Pegmatite Drill Core
Pegmatite Drill Core With Spodumene

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