Golden Rim Resources Accelerates Kouri Exploration

THE DRILL SERGEANT: Golden Rim Resources (ASX: GMR) is making exploration campaign progress at the company’s Kouri gold project in Burkina Faso.

Golden Rim Resources has just re-commenced its 21,000 metres reverse circulation (RC) and diamond drilling program that still has approximately 9,200m of RC drilling and 4,000m of diamond drilling (for approximately 100 holes) remaining to be drilled.

In addition to the RC and diamond drilling program, Golden Rim has also kicked off an auger drilling program and a ground magnetic and gradient-array IP geophysical survey.

Diamond Drilling at the Diabatou prospect (Margou permit) has seen the completion of the first diamond drill hole (MDH001) to a depth of 80m.

Golden Rim explained MDH001 is a twin hole to previous RC drill hole MRC008 that returned 7m at 121.2 grams per tonne gold from 41m, including 1m at 783.8g/t gold from 44m, and 3m at 7.2g/t gold from 56m.

“MDH001 was planned to confirm the orientation of this bonanza grade gold mineralisation prior to step-out drilling,” Golden Rim Resources said in its ASX announcement.

“MDH001 intersected several zones of granite-hosted quartz-sulphide mineralisation with visible gold.

“The first assays from the re-commenced program are expected in approximately three weeks.”

The next diamond drill hole at the Diabatou prospect (MDH002) is already underway and has a planned depth of 160m.

MDH002 is designed to test the depth extent of the high-grade mineralisation intersected in MRC008 along with the up-dip extent of a second zone of high-grade mineralisation (4m at 23.2g/t gold from 67m, including 1m at 65.7g/t gold) intersected in previous RC hole MRC014.

“Upon the completion of MDH002, further diamond drill holes are planned to the northeast and to the southwest to determine the strike extent of the high-grade gold mineralisation,” the company said.

An auger drilling program that is expected to comprise 3,750 holes (total of ~15,000m) has also commenced at Kouri.

Drilling is initially being conducted at the Diabatou prospect and will then extend to systematically cover various target areas in the newly acquired Margou permit.

While all this is happening, Golden Rim has also commenced a considerable ground magnetic and gradient-array IP geophysical survey at the Diabatou prospect that will be extended through the Margou and Goueli permits.

The survey will be conducted over a three to four month period and comprises approximately 500 line kilometres conducted on 100m spaced lines.

 

Web: www.goldenrim.com.au