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Golden Rim Resources Ltd.

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Summary

Project:

Kouri

Deposit:Kouri
Location:Burkina Faso
Commodities:Gold
Date:4/30/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:30-4-2018: Golden Rim Resources Ltd. announces an Exploration/Drilling Update report for its Kouri deposit at the Kouri project. Drilling results incl. 6m @ 25.2g/t Au from 8m. Golden Rim Resources Ltd (ASX: GMR) (Golden Rim or Company) is pleased to anno
Resources:x
CP/QP:[Overall Report]: Craig Mackay (Internal)
ABSTRACT:Golden Rim Resources Ltd (ASX: GMR) (Golden Rim or Company) is pleased to announce the latest drilling results from its major drilling program at its 100% owned Kouri Gold Project (Kouri) in Burkina Faso. Commenting on the latest results, Golden Rim’s Managing Director, Craig Mackay, said: “The new intercept of 6m at 25.2 g/t gold is the best gold intercept obtained by Golden Rim at Kouri to date and it lies beneath an auger gold anomaly that hadn’t been previously tested. We have many similar auger gold anomalies that are yet to be followed-up including auger anomalies with values up to 7,000 ppb gold. “Golden Rim believes that the upside potential at Kouri is outstanding. The majority of the gold lodes that are being incorporated into the maiden Mineral Resource are open at depth and along strike. Further, we believe there are a considerable number of additional gold lodes in the immediate resource area that can be quickly outlined with further drilling.” “Our RC drilling to date has focussed on 3.2km of strike length within the highly prospective mineralised shear zone at Kouri. While we are yet to systematically explore the remaining 12.5km of strike, we are confident that significant gold mineralisation will be discovered in this underexplored area”. The latest assay results are for a further 20 reverse circulation (RC) holes drilled on the Guitorga Lodes (BARC260 – BARC279). Drill hole location details and significant gold intercepts for these holes are depicted in Figure 1 and Tables 1 and 2. Further details regarding the results are set out below

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