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Golden Rim Resources Ltd.
Summary
| Project: | Paguanta | |
|---|---|---|
| Deposit: | Patricia | |
| Location: | Chile | |
| Commodities: | Gold-Silver-Lead-Zinc | |
| Date: | 5/3/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-5-2017: Golden Rim Resources Ltd. announces an Exploration/Drilling Update report for its Patricia deposit at the Paguanta project. Drilling results incl. 0.75m @12% Zn, 7.5% Pb, >1500g/t Ag from 526.9. Golden Rim Resources Ltd (ASX: GMR) (Golden Rim, C | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Craig Mackay (Internal) | |
| ABSTRACT: | Golden Rim Resources Ltd (ASX: GMR) (Golden Rim, Company) advises that it has received strong zinc, silver, lead assays for the remaining four holes2 in its recently completed seven hole (3,189m) diamond drilling program at Patricia located at the Paguanta Zinc-Silver-Lead Project (Paguanta) in Chile. The results demonstrate that there is strong potential for zinc-lead-silver mineralisation at Patricia to extend substantially at depth and along strike – increasing the Company’s confidence in delivering an increased Mineral Resource3 estimate before the end of 2017. In addition, the Company has received gold assays for five of the diamond drill holes (Holes PTDD-17-131 to PTDD-17-135). Gold results for holes PTTD-17-136 and PTDD-17-137 are pending and are the last outstanding assays for the diamond drilling. Golden Rim’s Managing Director, Craig Mackay, said “We have been very pleased with the results of the diamond drilling program. With the deep diamond drilling intersecting mineralisation up to 250m beneath the current zinc-lead-silver Mineral Resource, and further extensions evident along strike, we believe there is the potential for a solid increase to the Mineral Resource as we look to recommence the Feasibility Study at Paguanta later in 2017. | |
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