THE BOURSE WHISPERER: Golden Rim Resources has received anomalous soil sample gold assays from several prospect areas within the company’s Sebba Project, Burkina Faso.
The company collected a total of 6,900 geochemical samples (soil and auger) and 178 rock chip samples were collected from areas that were selected after interpretation of regional high-resolution aeromagnetic survey data and a review of existing prospect geochemistry.
Location of gold in soil geochemical anomalies at Sebba. Source: Company announcement
The geochemical sampling has identified a new gold in soil anomaly at Sefa Eddi South.
This anomaly is approximately six kilometres long and approximately 600 metres wide.
Values up to 107 parts per billion gold were returned during the survey.
“Geologically, the geochemical anomaly lies within a series of metamorphosed volcanic (mafic) units that occur along the shear zone,” Golden Rim Resources said in its ASX announcement.
“The anomaly sits on an extensive shear structure that extends further south into the Nantougou and Komondi licences.
“Other, less extensive geochemical anomalies have been returned along other areas of the shear that have been sampled.”
Another area to undergo geochemical sampling was the Tyena prospect area, which has resulted in an increase to the size of the gold in soil anomaly to approximately 6km by 3km.
Values up to 137ppb gold were returned from this survey area.
Geochemical sampling has also increased the size of the gold in soil anomaly at the Komondi prospect to a length of approximately 10km and is up to 3.5km wide.
Values up to 297ppb gold were returned during the most recent sampling.
Several anomalous rock chip samples (up to a value of 5.6 grams per tonne gold) were returned from this area.
“The Komondi anomaly is located on the same shear structure that hosts the extensive Solna and Tambiri artisanal gold workings, located five kilometres and 7.8 kilometres northeast respectively, directly along strike on Predictive Discovery’s Bangaba project,” Golden Rim Resources said.
According to Golden Rim, Solna is the largest artisanal mining community in the region with over 4,000 inhabitants and has been worked extensively for over 20 years.
Golden Rim is currently planning further exploration, including drilling to follow-up the Sebba gold in soil anomalies.