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Golden Rim Resources Ltd.
Summary
| Project: | Kouri | |
|---|---|---|
| Deposit: | Diabatou | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 8/28/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-8-2019: Golden Rim Resources Ltd. announces an Exploration/Drilling Update report for its Diabatou deposit at the Kouri project. Drilling results incl. 4m @ 23.2g/t Au from 67m. West African gold explorer, Golden Rim Resources Ltd (ASX: GMR) (Golden Ri | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Craig Mackay (Internal) | |
| ABSTRACT: | West African gold explorer, Golden Rim Resources Ltd (ASX: GMR) (Golden Rim or the Company), is pleased to report further high-grade gold intersections hosted within the granite at the Diabatou prospect from its current reverse circulation (RC) drilling program at its Kouri Gold Project (Kouri) in Burkina Faso. Commenting on the new results, Golden Rim’s Managing Director, Craig Mackay, said: “We have now discovered two spectacular high-grade gold zones hosted in granite, and at shallow depth, in our first drilling program at Diabatou within the recently acquired Margou Permit. To date we have only explored a small portion of the entire granite area within which Diabatou is located so these results are very exciting. More broadly, the new permits remain almost totally unexplored and we believe they have extraordinary potential to provide additional grassroots gold discoveries. We will restart exploration at Kouri in a few weeks after the rainy season. This will include the re-commencement of the major RC and diamond drilling program and the commencement of a systematic first-pass exploration campaign in the new permit areas. The new assay results were received for the last 2 holes (MRC014 and MRC015) drilled at the Diabatou prospect (Figure 1) before drilling was suspended due to the onset of the rainy session. Drill hole location details are provided in Table 1 and depicted in Figure 2. Significant gold intercepts are listed in Table 2. A second zone of high-grade gold mineralisation hosted in granite has been discovered with a new intersection of 4m at 23.2g/t gold from 67m, including 1m at 65.7g/t gold, in hole MRC014 (Figure 3). The second zone of high-grade gold mineralisation is interpreted to lie 25m northwest and parallel to the high-grade gold mineralisation recently discovered with previous intercepts of 7m at 121.2g/t gold from 41m, including 1m at 783.8g/t gold from 44m, and 3m at 7.2g/t gold from 56m in hole MRC008. | |
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