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Golden Rim Resources Ltd.
Summary
| Project: | Kouri | |
|---|---|---|
| Deposit: | Red Hill, Margou | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 7/15/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-7-2019: Golden Rim Resources Ltd. announces an Exploration/Drilling Update report for its Red Hill, Margou deposit at the Kouri project. Drilling results incl. 7m @ 1.4g/t Au from 23m. Emerging West African gold developer, Golden Rim Resources Ltd (ASX | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Craig Mackay (Internal) | |
| ABSTRACT: | Emerging West African gold developer, Golden Rim Resources Ltd (ASX: GMR) (Golden Rim or the Company), is pleased to provide an update on its current reverse circulation (RC) drilling program at its Kouri Gold Project (Kouri) in Burkina Faso. Commenting on the drilling program Golden Rim’s Managing Director, Craig Mackay, said: “Our drilling at Kouri is progressing well and we are now approximately 1/3 of the way through our planned 21,000m drilling program with 49 RC holes so far completed. Assays for 18 of these holes are pending. Following the acquisition of the Margou and Goueli permits, we immediately relocated the drilling rig to Diabatou which is the Granite Target area within the new Margou permit. We have just completed 13 holes at the Granite Target. The recent drilling at both Margou and Maré has intersected strong mineralisation and we eagerly await the assay results for these areas. The drilling rig is currently completing additional holes at Maré and we then plan to commence drilling the NE strike extent of the gold lodes that comprise the existing 1.4Moz Mineral Resource into the new Goueli permit. We are now drilling into the rainy season in Burkina Faso and, at this stage, we aim to continue until the end of July, if possible. We then intend to suspend the drilling through the peak of the rainy season and to re-commence in midSeptember.” | |
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