West African gold explorer Golden Rim Resources Ltd (ASX: GMR) has identified “bonanza” grade results in assay results from second round auger drilling and rock chip sampling at its Kada Gold Project in Guinea.
Highlights
• Golden Rim has received all assays from its second round of auger drilling at Kada, 1,095 holes for 13,852m.
• Infill auger drilling along the 15km long Kada Gold Corridor has returned new results up to 2,720ppb gold (2.7g/t gold) and confirmed 5 priority targets with highly anomalous bedrock gold along the corridor.
• An additional priority target lies 1.2km east of the Kada Gold Corridor at the Sinin Prospect.
• New auger drilling in the previously untested eastern region of the Kada permit has revealed more anomalous gold results (up to 300ppb gold), indicating a potential parallel gold corridor extending over 6km.
• Results of geological mapping and rock chip sampling (48 samples) further highlight the prospectivity of the priority target areas along the Kada Gold Corridor.
• At the Bereko Prospect, Golden Rim discovered intense stockwork bedrock gold mineralisation, which returned rock chip results up to 171.5g/t gold, in artisanal workings within an extensive auger gold anomaly.
• Golden Rim is confident its plan to systematically explore along the Kada corridor outside the ~1km where a maiden Mineral Resource Estimate (MRE) area is being prepared will locate significant additional gold mineralisation.
Managing Director, Craig Mackay, said Golden Rim plans to commence a second round of exploration RC drilling to test the target areas along the Kada Gold Corridor in March/April 2022.
“Golden Rim’s follow-up auger programme, mapping and rock chip sampling at Kada has further highlighted the prospectivity of the Kada Gold Corridor and surrounds,” Mr Mackay said.
“Infill drilling between highly anomalous gold values from our first auger programme has increased our confidence in the continuity of the areas of strong bedrock gold anomalism.
“We have identified at least six priority target areas for exploration drilling that lie outside the area where we are preparing our maiden MRE.
“We are particularly excited about the Bereko prospect area in the northern portion of the Kada Gold Corridor. At Bereko, we have discovered very high-grade gold mineralisation (up to 171.5g/t gold in rock chip samples) associated with intense stockwork vein mineralisation exposed in artisanal workings. This stockwork mineralisation looks very similar to the mineralisation in the Kada MRE area.
“Bereko will be one of the first areas we test when exploration RC drilling re-commences at Kada in March/April 2022.”
For further information please visit: http://www.goldenrim.com.au/site/content/
