Golden Rim Resources Ltd (ASX:GMR, OTC:GMRMF) has fielded numerous anomalous gold hits from its aircore drilling program at both the Sadan and Massan South Prospects, situated within its flagship Kada Gold Project in Guinea.
Standout assays from the aircore program include:
- 22 metres at 0.9 g/t gold from 28 metres;
- 12 metres at 0.5 g/t from 4 metres; and
- 4 metres at 1.6 g/t gold from 44 metres.
“Substantial gold deposit”
GMR managing director Tim Strong said: “Discovering gold at the Sadan prospect confirms our view that Kada still has a significant amount of gold ounces to uncover.
“We feel we have only scratched the surface when it comes to Kada, with 930,000 ounces at Massan across a 1-kilometre strike, and another very attractive target in Bereko, 9 kilometres to the north.
“We are now focused on filling in the gaps across Kada’s 15-kilometre-long bedrock gold corridor, and we are confident this will uncover further zones of mineralisation and underpin resource growth.
“Recent reverse circulation (RC) results at Sounkou (17 metres @ 1.3 g/t) and now promising aircore results at Sadan and Massan South are proof that Kada is a substantial gold deposit, and we look forward to using these new results to drive targeted exploration forward.”
Drill program
Golden Rim’s 3,000-metre aircore drilling program targeting new discoveries is now complete, while its 3,500-metre diamond drilling program testing open mineralisation and providing structural information, which kicked off in March 2023, is ongoing.
In addition, the company recently completed a 10,000-metre RC drilling program at Kada which comprised exploration drilling at the Bereko Prospect and north of the MRE area within the Massan prospect, as well as some resource extension and infill drilling around the margins of the MRE.
Drilling consistently intersected a series of interbedded strongly weathered, intensely oxidised sedimentary rocks, mostly siltstone and greywacke with minor shales with mineralisation encountered in all rock types.
These encouraging new results, coupled with the recent discovery at the Sounkou prospect 13 kilometres southwest of the MRE area at Massan, present additional prospective target areas for follow-up as Golden Rim continues to expand its gold inventory at Kada.
Forward plan
RC drilling at Bereko and Massan is now complete, with assays pending for the final 14 holes at Massan.
Results for these holes, and the final trenches at Massan, are scheduled during this month.
Also expected this month are the results from the final eight aircore drillholes.
Meanwhile, diamond drilling at Massan and Bereko will continue till the end of the month.
Subsequently, the results will then be analysed over the coming wet season in preparation for an MRE upgrade at Massan and a maiden MRE at Bereko.