Golden Rim commences drilling at Yako

THE DRILL SERGEANT: Golden Rim Resources has kicked off a program of reverse circulation (RC) drilling on the company’s Yako project located in Burkina Faso.

Golden Rim has a program comprising approximately 3,000 metres of RC drilling planned.

The company will be testing a number of areas on the Zanna permit and the newly-acquired Tanlili permit.

Key target areas include the Pelle South and Pelle North prospects.

Location of artisanal mining sites within the Yako project Burkina Faso. Source: Company announcement

The Pelle South prospect occurs on the Tanlili Permit and consists of two parallel zones of artisanal workings.

RC drilling conducted on Pelle South by a previous explorer returned intersections including: 42 metres at 1.6 grams per tonne gold and 8 metres at 1.9 grams per tonne gold.

Golden Rim said it scheduled program will include infill drilling around the previous intercepts and drilling to test for strike extensions to the mineralisation.

Pelle North is located on the Zanna permit around 700m northeast of Pelle South and was subjected to a drilling campaign by Golden Rim in 2011.

Intercepts achieved by Golden Rim include:

–    14m at 0.88 g/t gold from 13m;

–    19m at 4.08 g/t gold, including 1m at 38.1 g/t gold from 42m and 10m at 0.42 g/t gold from 92m;

–    8m at 1.05 g/t gold from 50m; and

–    8m at 0.95 g/t gold from 37m.

Drilling by a previous explorer at Pelle North returned intercepts such as: 11m at 8.7 g/t gold, 10m at 1.6 g/t gold and 16m at 1.4 g/t gold.

“The gold mineralisation at Pelle North trends northeast to southwest and has been identified over a strike length of 700 metres, Golden Rim Resources said in its ASX announcement.

“It is open to the south where it extends under a lateritic cap.

“The style of the mineralisation is identical to that at Pelle South.

“Drilling at Pelle North will include infill drilling around the previous intercepts and target extensions of mineralisation to the south.

“Golden Rim is hoping to link the mineralisation identified at the Pelle North prospect to the mineralisation at Pelle South.”