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Golden Rim Resources Ltd.
Summary
| Project: | Kouri | |
|---|---|---|
| Deposit: | Kouri | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 11/28/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-11-2017: Golden Rim Resources Ltd. announces an Exploration/Drilling Update report for its Kouri deposit at the Kouri project. Drilling results incl. 12m @ 8.3g/t Au from 92m. Golden Rim Resources Ltd (ASX: GMR) (Golden Rim or Company) is pleased to ad | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Craig Mackay (Internal) | |
| ABSTRACT: | Golden Rim Resources Ltd (ASX: GMR) (Golden Rim or Company) is pleased to advise that the major resource definition drilling program at its 100% owned Kouri Gold Project (Kouri), in Burkina Faso, is progressing well. The Company has received its first batch of assay results for both its recently completed diamond drilling program and for its ongoing reverse circulation (RC) drilling program. The assay results received from drilling to date cover approximately 500m of the 1km strike drilled. The results have extended the depth of mineralisation to 120m below surface and have extended the strike extent by a further 200m to the northeast of the Exploration Target. The strike extent of mineralisation to the northeast remains open for a further 180m to the boundary of Kouri in an area currently being exploited by artisanal miners beneath a prominent laterite capped hill where no drilling has been conducted to date. A high grade zone of gold mineralisation has been discovered approximately 70m below surface on the Guitorga Lodes (within the Banouassi Prospect (Banouassi) at Kouri) on adjacent drill sections located 100m apart. The new high grade intercepts include: Golden Rim’s Managing Director, Craig Mackay, said “The Company is now about halfway through its originally proposed resource definition drilling program at Kouri and has received about 30% of the assays. “We are very pleased with the results received to date, which have extended Kouri’s known mineralisation both along strike and at depth. The discovery of a zone of high grade mineralisation is particularly encouraging, and will be followed up with further infill drilling and drilling at depth to test the extent of this high grade zone | |
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