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Golden Rim Resources Ltd.

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Summary

Project:

Kouri

Deposit:Diabatou
Location:Burkina Faso
Commodities:Gold
Date:3/31/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:31-3-2020: Golden Rim Resources Ltd. announces an Exploration/Drilling Update report for its Diabatou deposit at the Kouri project. Drilling results incl. 4m @ 12.6g/t Au from 77m. 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 its latest drilling results from its Kouri Gold Project (Kouri) in Burkina Faso. Assays have been received for 10 reverse circulation (RC) drill holes for a total of 1,046m. Three RC drill holes were located within the Mineral Resource area (BARC365, GRC007 tail, GRC010); two drill holes (MRC027 – MRC028) located at the Diabatou Prospect, and 5 drill holes (MRC029 – MRC033) located at the Perga Prospect. The location details for these new drill holes are provided in Table 1. The new assay results are listed in Tables 2 and 3 and depicted in Figures 1 – 3. In the southern portion of the Diabatou Prospect, assay results have been received for an additional two RC drill holes (MRC027 – MRC028) completed around previous drill hole MRC016 which discovered high-grade gold (9m at 3.6g/t gold from 49m, including 1m at 15.1g/t gold from 50m) (Figure 1). The high-grade gold mineralisation is associated with an extensive east-northeast-trending zone of artisanal workings that extend over 200m. Previous rock chip sampling of mineralisation exposed in the artisanal workings returned results up to 14.7g/t gold.

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