Drilling Now Moved To Central Lodes Area At Kouri
West African gold explorer Golden Rim Resources Ltd (ASX: GMR) has extended the high-grade Diabatou Gold Shoot at depth from 140m to 190m below surface at its Kouri Gold Project in Burkina Faso.
Drilling Highlights include:
- New high-grade gold intersection of 3m at 10.9g/t gold, from 201m (diamond hole DDH004), lies 50m beneath the bottom of the current Mineral Resource pit shell.
- High-grade Diabatou Gold Shoot remains open at depth; the strongest portion of the shoot is now interpreted to plunge almost vertically.
- Diamond drilling has now moved to the Central Lodes area at Kouri and is targeting extensions to other zones of high-grade gold mineralisation (in addition to Diabatou) obtained in previous drilling:
O Hole BADH016 has been completed along strike from an intercept of 6m at 25.2g/t gold, including 1m at 114g/t gold in previous hole BARC279; assays are pending.
O Holes BADH017 and BADH018 are planned along strike from previous holes BARC 125 which returned 7m at 8.4g/t gold, and BARC190 which returned 6m at 8.3g/t gold and 4m at 8.2g/t gold; BADH017 is in progress.
Managing Director, Craig Mackay, said that with the onset of the rainy season, Kouri drilling will be postponed once BADH018 is complete and Golden Rim will shift focus to the Kada Gold Project in Guinea, which has all-weather access and where the maiden Mineral Resource drill-out is expected to continue into the rainy season.
“Our diamond drilling has successfully extended the high-grade Diabatou Gold Shoot at depth and at least 50m beneath the bottom of the current Mineral Resource pit shell,” Mr Mackay said.
“The drilling has confirmed that the shoot has a near-vertical plunge and we believe the shoot can be extended further with drilling beneath diamond hole DDH004, which returned 3m at 10.9g/t gold.
“The diamond drilling has now moved to the Central Lodes area, where follow-up drilling on several other exciting zones of high-grade mineralisation is underway.”
Holes (BADH016 – BADH018) are targeting extensions to other areas of high-grade gold mineralisation obtained in previous drill holes.
Hole BADH016 has been completed at a depth of 77m. The hole is located 25m along strike to the northeast of previous RC hole BARC279 which intersected 6m at 25.2g/t gold, from 8m, including 1m at 114g/t gold. Assays for BADH016 are pending.
Holes BADH017 & BADH018 are planned 50m along strike to the northeast of a fence of previous RC holes BARC125, which returned 7m at 8.4g/t gold from 34m, and BARC190, which returned 6m at 8.3g/t gold from 10m and 4m at 8.2g/t gold from 59m. BADH017 is currently in progress with a planned depth of 150m.
The company now intends to focus its exploration effort on the Kada Gold Project in Guinea which has all- weather access and where the maiden Mineral Resource drill-out is expected to continue into the rainy season.
For more information visit http://www.goldenrim.com.au/
