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Golden Rim Resources Ltd.
Summary
| Project: | Kouri | |
|---|---|---|
| Deposit: | Kouri | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 1/31/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 31-1-2018: Golden Rim Resources Ltd. announces an Exploration/Drilling Update report for its Kouri deposit at the Kouri project. Drilling results incl. 16m @ 1.2g/t Au from 33m. Golden Rim Resources Ltd (ASX: GMR) (Golden Rim or Company) is pleased to adv | |
| 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 its major resource definition drilling program at its 100% owned Kouri Gold Project (Kouri) in Burkina Faso continues to deliver positive results. Assay results for a further seven reverse circulation (RC) holes drilled on the Guitorga Lodes have been received (BARC199 – 205). Drill hole location details and significant gold intercepts for these holes are depicted in Figures 1, 2 and 3 and Tables 1 and 2. Guitorga Hill Results were received for five holes (BARC199 – BARC203) on Guitorga Hill which lies to the northeast of the Exploration Target where the gold mineralisation is currently being exploited by artisanal miners beneath a prominent laterite capped hill (Figure 2). Earlier results from the current drilling program extended the strike of gold mineralisation into this area. Significant and multiple gold intercepts were obtained in all five holes and mineralisation remains open at depth. The new drilling results indicate that the Guitorga Lodes extend for a further 250m to the northeast and confirm that significant gold mineralisation continues for at least 400m to the northeast of the Exploration Target (Figure 2 and Table 2). Mineralisation Extended and Upside Infill and extensional resource drilling is steadily covering the total strike length of over 3km of the Guitorga Lodes. Assay results received to date cover approximately 1.8km of strike on the Guitorga Lodes, including 1.3km in the northeast portion of the Guitorga Lodes and 0.5km in the centre of the Guitorga Lodes. Significantly, drilling has now commenced on the 650m gap within the area comprising the Exploration Target that also forms part of the strike length of the Guitorga Lodes. | |
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