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Golden Rim Resources Ltd.
Summary
| Project: | Kouri | |
|---|---|---|
| Deposit: | Kouri | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 2/14/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-2-2020: Golden Rim Resources Ltd. announces an Exploration/Drilling Update report for its Kouri deposit at the Kouri project. Drilling results incl. 15m @ 1.5g/t Au from 7m at Banouassi. West African gold explorer, Golden Rim Resources Ltd (ASX: GMR) ( | |
| 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 latest drilling results from its major exploration campaign at the Company’s Kouri Gold Project (Kouri) in Burkina Faso. The current 9,200m reverse circulation (RC) and 4,000m diamond drilling program is progressing well, with 2,774m of RC drilling (22 holes) and 1,011m of diamond drilling (7 holes) completed to date. There are also an additional three cross-structures that we have identified to the east of the Mineral Resource that have returned high-grade gold in rock chip samples and which are yet to be drilled. We believe the potential to considerably expand the Mineral Resource at Kouri is huge.” The Kogodou Prospect extends for 4km to the east of the current 1.4Moz Mineral Resource. Previous rock chip sample results include 42.8g/t gold, 41.2g/t gold, 32.3g/t gold, 32.1g/t gold and 29.2g/t gold. Most of the rock chip samples were collected from mineralisation hosted in volcanic rocks exposed in artisanal workings and seem to be associated with a series of magnetic-high anomalies that are believed to be related to cross-structures (Structures A – D) (Figure 1). | |
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