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Golden Rim Resources Ltd.
Summary
| Project: | Kouri | |
|---|---|---|
| Deposit: | Kouri | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 8/5/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-8-2019: Golden Rim Resources Ltd. announces an Exploration/Drilling Update report for its Kouri deposit at the Kouri project. Drilling results incl. 7m @ 121.2g/t Au from 41m. West African gold explorer, Golden Rim Resources Ltd (ASX: GMR) (Golden Rim o | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Craig Mackay (Internal) | |
| ABSTRACT: | West African gold explorer, Golden Rim Resources Ltd (ASX: GMR) (Golden Rim or the Company), is pleased to report exceptional high-grade gold intersections from its current reverse circulation (RC) drilling program at the Kouri Gold Project (Kouri) in Burkina Faso. Commenting on the new results, Golden Rim’s Managing Director, Craig Mackay, said: “The first drilling program at Diabatou has provided spectacular high-grade gold intersections hosted in granite at a shallow depth. These are the best drilling results we have seen from Kouri so far. To date we have only explored a small portion of the entire granite area within which Diabatou is located. We also recently entered into an agreement giving us the exclusive right to purchase 100% of the Kotouri Exploration Permit which covers the remainder of the granite area not presently owned by Golden Rim. At Maré, we have discovered further high-grade gold, also at a shallow depth, only 1.5km west of the 1.4Moz gold Mineral Resource and associated with a prominent 4km long IP chargeability geophysical anomaly. We eagerly await the assay results from an additional 9 drill holes that have been completed around the high grade gold mineralisation at Diabatou and Maré. The new high grade gold intersections again demonstrate the extraordinary exploration upside at Kouri and the potential for additional grassroots gold discoveries. We are particularly excited about systematically extending our exploration effort throughout the new Margou and Goueli permit areas, both of which remain almost totally unexplored.” | |
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