Golden Rim Resources Ltd (ASX:GMR, OTC:GMRMF) has continued to identify shallow, broad zones of gold mineralisation from its reverse circulation (RC) drill program at its flagship Kada Gold Project in Guinea.
The company’s 1,000-metre RC program comprised exploration drilling at the Bereko Prospect and north of the mineral resource estimate (MRE) area within the Massan Prospect, and some resource extension and infill drilling around the margins of the MRE.
Standout assays include:
- 9 metres at 3.3/t gold from 19 metres, including 3 metres at 9.0g/t gold from 25 metres; and
- 36 metres at 0.6g/t gold from 37 metres.
Assays returned for four trenches with notable gold mineralisation include:
- 92 metres at 1.8/t gold from 0 metres to end of trench; and
- 120 metres at 1.2g/t gold from 0 metres, including 14 metres at 3.8g/t gold from 38 metres.
Potential for resource growth
GMR managing director Tim Strong said: “BKRC023’s 9m @ 3.3g/t oxide gold intercept is particularly exciting as it occurs 400 metres away from the known artisanal mining area, and more than 200 metres east of our current best drill hole to date at Bereko, KRC095 which returned 11 metres @ 6.3g/t gold.
“Results continue to show potential for resource growth at Kada as we continue to identify separate mineralised zones along the 15-kilometre long, north-south Kada trend, which sits 35 kilometres south of the Siguiri Mine.
“This drilling shows there are numerous zones of strong oxide gold at Bereko, and we await remaining results to support our theory.”
“The very encouraging trenching results at Massan indicate that mineralisation is occurring in multiple orientations, with the potential for our drilling to unlock further high-grade zones as we increase understanding of the interplay between veining orientations.
“We are eagerly anticipating the valuable structural information the current diamond drilling will add, in preparation for a resource upgrade later in the year.”
Forward plan
RC drilling at Bereko and Massan is now complete, with assays pending for the final 24 holes.
Meanwhile, results for the final five trenches are expected this month.
At Bereko, diamond drilling will focus on confirming the width, grade and extensions of the gold mineralisation discovered in the initial RC drilling program and provide structural information needed for resource estimation.
Diamond drilling at Massan will test open-ended mineralisation at depth as well as providing further certainty to progress the mineral resource towards a higher confidence classification.