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Golden Rim Resources extends gold mineralisation at Kouri project in Burkina Faso

Last updated: 16:32 12 Jul 2018 AEST, First published: 02:32 12 Jul 2018 AEST

A Burkina Faso flag painted on a hand
A 1-metre intersection from 71 metres graded 61.7 g/t gold

Golden Rim Resources Ltd (ASX:GMR) has extended gold mineralisation at its Kouri project in Burkina Faso with drilling also highlighting the potential for depth extensions.

Reverse circulation (RC) drilling to the south of the resource confirmed that the new gold lodes at the wholly-owned project extend strike length by at least 400 metres.

These are open along strike and at depth.

Shining gold

Golden Rim’s latest set of assays from reverse circulation drilling included strong intersections such as 16 metres at 1.7 g/t gold from 104 metres.

This intersection included 1 metre at 15.5 g/t, with the hole ending in mineralisation.

Other highlights are 1 metre at 61.7 g/t from 71 metres; 6 metres at 4.6 g/t from 87 metres, including 1 metre at 11.8 g/t; 1 metre at 21.6 g/t from 73 metres; and 2 metres at 10.9 g/t from 76 metres.

A 10-metre intersection, which was drilled 100 metres below ground and beneath the existing mineral resource and graded 1.6 g/t gold from 222 metres, indicates the potential for depth extensions.

The intersection included 1 metre at 9.1 g/t, with mineralisation also continuing to the end of the hole.

Augur drilling to the south confirms that this is a prospective new area suited to future exploration.

‘Successful’ results

Golden Rim managing director Craig Mackay said: “Our recent RC drilling in the immediate mineral resource area has been highly successful.

“The new drilling results demonstrate the potential for substantial strike and depth extensions to a number of gold lodes that comprise the mineral resource.”

Mackay said the company planned to undertake diamond drilling and RC drilling in the resource area and southwest at the new lodes.

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