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Golden Rim Resources Ltd.
Summary
| Project: | Kouri | |
|---|---|---|
| Deposit: | Diabatou | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 12/19/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-12-2019: Golden Rim Resources Ltd. announces an Exploration/Drilling Update report for its Diabatou deposit at the Kouri project. Drilling results incl. 9m @ 3.6g/t Au from 49m. West African gold explorer, Golden Rim Resources Ltd (ASX: GMR) (Golden Ri | |
| 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 the following update on the major exploration campaign at the Company’s Kouri Gold Project (Kouri) in Burkina Faso. A new zone of high-grade gold mineralisation has been discovered with a drill hole intercept of 9m at 3.6g/t gold, from 49m, including 1m at 15.1g/t gold in MRC016 (Figures 1 & 2). This new zone of mineralisation remains open along strike and at depth. The new high-grade zone lies 1km SW of the zone of high-grade gold mineralisation previously obtained in MRC008 (7m at 121.2g/t gold from 41m, including 1m at 783.8g/t gold from 44m) and is associated with a 400m, ENE-trending corridor of intense artisanal workings (Figure 2). Previous rock chip samples from the area returned results of 14.7g/t gold, 6.3g/t gold and 5.5g/t gold. Follow-up RC drilling on this new high-grade gold zone is planned for January 2020. Commenting on the new RC results and the ongoing exploration programs at Kouri, Golden Rim’s Managing Director, Craig Mackay, said: “The Kouri Gold Project continues to deliver great results with the discovery of a further new zone of high-grade gold mineralisation at the Diabatou Prospect. The Company continues to be busy with numerous exploration programs currently underway at Kouri including diamond drilling, which is progressing well at the Gouéli Permit. The diamond program is designed to test the northeast strike extent of the gold lodes that comprise the 1.4Moz Mineral Resource. Strong mineralisation has been observed in drilling samples and we eagerly await our assay results from this area. Further, our systematic geochemical and geophysical surveys throughout the Margou and Gouéli permit areas are also going well. We expect this work to deliver additional exciting drill targets in what was previously an unexplored area as we head into 2020.” | |
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