Golden Rim kicks off Mali drilling

THE DRILL SERGEANT: Africa-focused Golden Rim Resources has commenced a program of reverse circulation (RC) drilling on its Sepola project located in Mali.

The Sepola project covers approximately 300 square kilometres in western Mali and lies approximately 40 kilometres southeast along strike from the Sadiola and Yatela gold mines, which are jointly owned by AngloGold Ashanti and IAMGOLD Corporation.

Also in the region, approximately 40km southeast, is the 12 million ounce Loulo gold deposit, which is owned by Randgold.

 

Gold-in-soil geochemistry image with rockchip and trench results
and planned drillholes at the Linnguekoto West prospect. Source:
Company announcement

 

The drilling program will comprise 4,000 metres and is to be the first undertaken at the Linnguekoto West prospect where Golden Rim discovered broad zones of stockwork vein gold mineralisation by way of recently conducted trenching.

Results from this work included:

–    16 metres at 3.2 grams per tonne gold, including 1 metre at 17 grams per tonne gold in Trench 2; and

–    32m at 2.2 g/t gold in Trench 6.
 
“The gold mineralisation in the trenches is associated with broad zones of stockwork and tension-gash quartz-limonite veins, which are hosted in highly altered (bleached) sandstone units,” Golden Rim Resources said in its ASX announcement.

Golden Rim said the new drilling will aim at delineating the extent of stockwork mineralisation in the vicinity of Trench 2 and Trench 6 and also define potential strike extensions.

A total of 27 holes are planned.

Golden Rim has previously reported an Inferred Resource totalling 3.3 million tonnes at 1.5 g/t gold for 162,000 ounces of gold from the Mogoyafara South prospect.

This resource remains open at depth and along strike.