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Golden Rim Resources Ltd.
Summary
| Project: | Kouri | |
|---|---|---|
| Deposit: | Kouri | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 5/3/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-5-2018: Golden Rim Resources Ltd. announces a Resource Estimation report for its Kouri deposit at the Kouri project. Initial mineral resource estimate at Kouri. Golden Rim Resources Ltd (ASX: GMR) (Golden Rim or Company) is pleased to announce a maiden | |
| Resources: | (Resource, I+I): 20.8Mt @ 1.5g/t Au for 1.001Moz Au | |
| CP/QP: | [Resources]: Robert Dennis (RPM Advisory Services Pty Ltd.) | |
| ABSTRACT: | Golden Rim Resources Ltd (ASX: GMR) (Golden Rim or Company) is pleased to announce a maiden Mineral Resource estimate for its 100% owned Kouri Gold Project (Kouri) in Burkina Faso has been completed by RPM Advisory Services Pty Ltd (RPM). RPM estimates an Indicated and Inferred Mineral Resource of 20.8 million tonnes at 1.5 g/t gold for 1 million ounces of contained gold at a 0.5 g/t gold lower cut-off grade (Figure 1). The contained gold in the Mineral Resource is around double the size of the previous Exploration Target. Approximately 15.3% of the Mineral Resource is classified as Indicated and the remainder is classified as Inferred. Details on the resource categories and material types that comprise the Mineral Resource are provided in Table 1. In Table 2 the resource categories are reported for each gold lode area. A summary of the Material Information used to estimate the Mineral Resource is presented on Pages 8 - 10 and further details are provided in Appendix 1 and Appendix 2 | |
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