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Transaction Announcement Reports
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Project: | Kouri | |
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Deposit: | Banouassi | |
Location: | Burkina Faso | |
Commodities: | Gold | |
Date: | 3/10/2020 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 10-3-2020: Golden Rim Resources Ltd. announces an Exploration/Drilling Update report for its Banouassi deposit at the Kouri project. Drilling results incl. 18m @ 3.4g/t Au from 54m. West African gold explorer, Golden Rim Resources Ltd (ASX: GMR) (Golden R | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: n/a (n/a) | |
ABSTRACT: | West African gold explorer, Golden Rim Resources Ltd (ASX: GMR) (Golden Rim, Company), is pleased to provide its latest drill results from the major exploration campaign currently underway at the Kouri Gold Project (Kouri) in Burkina Faso. Assays have been received for 9 reverse circulation (RC) drill holes for a total of 1,298m. The 9 RC drill holes were located either within the Mineral Resource area (infill drill holes BARC357 – BARC361) or at the Kogodou Prospect that lies directly to the east of the Mineral Resource (drill holes GRC009, GRC012, GRC013, and GRC016). The location details for these new holes are depicted in Figures 1 & 3 and the hole details are provided in Table1. The new assay results are listed in Table 2 and depicted on Figure 1. Infill drilling is initially being conducted on a 50m x 50m spacing in the northern portion of the 1.4Moz Mineral Resource beneath Guitorga Hill. Previously this area had only been sparsely drilled due to access problems posed by the hill and because of the area’s proximity to the permit boundary (before the neighbouring permits, Goueli and Margou, were acquired) (Figure 1). | |
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