Golden Rim Resources Identifies 1.6km Gold Anomaly at Kouri

THE DRILL SERGEANT: Golden Rim Resources (ASX: GMR) copleted an Induced Polarisation (IP) survey at the company’s Kouri gold project in Burkina Faso.

Golden Rim reported that the IP survey has detected a large chargeability-high anomaly associated with the high-grade gold mineralisation at the Diabatou prospect.

The company has, to date, completed 180 line kilometres of the planned 500 line km survey, from which initial data has outlined a strong, 1.6-kilometres long, IP chargeability-high anomaly.

“It is believed the IP anomaly is related to the pyrite mineralisation (up to 5%) that is associated with the high-grade gold mineralisation,” Golden Rim Resources said in its ASX announcement.

Previous drilling intersections within the IP anomaly at Diabatou include:

7m at 121.2 grams per tonne gold from 41m, including 1m at 783.8g/t gold; and

4m at 23.3g/t gold from 67m, including 1m at 65.7g/t gold.

Golden Rim commenced a 9,200m RC drilling and 4,000m diamond drilling program at Kouri in October.

A diamond drilling rig is currently on the third hole (MDH003) at the Diabatou prospect that has a planned depth of 150m to test the new IP anomaly and is located 60m along the interpreted southwest strike extent of the high-grade gold mineralisation intersected in previous RC drill hole MRC008.

A second RC rig will be operating for the next few weeks to test the southern portion of the IP anomaly at Diabatou and then the northeast strike extent of the 1.4 million ounce Mineral Resource in the new Goueli Permit.