Golden Rim Identifies Multiple High-Grade Gold Structures

THE DRILL SERGEANT: Golden Rim Resources (ASX: GMR) results for further rock chip samples and from geophysical data it collected as part of an ongoing exploration campaign at the company’s Kouri gold project in Burkina Faso.

Golden Rim Resources obtained assays for the additional 289 rock chip samples collected from the Margou and Gouéli permits that demonstrated high-grade gold results continue to cluster at the Kogodou prospect, which extends directly east of the project’s current 1.4 million ounce gold Mineral Resource for over 3.8 kilometres.

The best new results at the Kogodou Prospect include:

32.3 grams per tonne gold;
29.2g/t gold;
22.4g/t gold;
14.5g/t gold; and
11.7g/t gold.

“Preliminary ground magnetic data from the recently completed geophysical survey suggests the stronger gold mineralisation at the Kogodou prospect may be associated with a series of four major east-west-trending cross-structures,” Golden Rim Resources said in its ASX announcement.

“Results continue to confirm the potential for a major strike extension to the Mineral Resource to the east and the exceptional prospectivity of the previously unexplored Margou and Gouéli permits.”

Golden Rim reported the program also returned high-grade rock chip samples in two new areas located to the northeast of the Mineral Resource.

The first area is located approximately 12.5km from the Mineral Resource and returned a peak assay of 13g/t gold.

This zone consists of two parallel lines, sitting about 50m apart, of artisanal workings that both extend for 250m.

The second new zone is located approximately 18km northeast of the Mineral Resource and returned a peak assay of 24.4g/t gold.

This area has not been covered by the company’s recent ground geophysical survey.

“Although high-grade gold in rock chip samples have been obtained throughout the Kogodou prospect, most of the area has received no geochemical testing due to the sparsity of outcropping rocks,” Golden Rim explaned.

“To better define target areas for follow-up RC drilling a program of auger drilling, on a 200 metres by 50 metres pattern, is currently underway at the Kogodou prospect.”