Ramps Up Drilling On Guinea And Burkina Faso Gold Projects
West African gold explorer Golden Rim Resources Ltd (ASX: GMR) is accelerating its exploration activities at its Kada Gold Project in Guinea and Kouri Gold Project in Burkina Faso.
The company is aiming to have six drilling rigs operating on its gold projects in West Africa by mid-April 2021, with a third power auger rig currently being mobilised to Kada.
Managing Director, Craig Mackay, said that in the meantime, the company’s maiden 15,000mpower auger drilling programme is progressing well at Kada.
The aim of the auger drilling programme is to explore for gold mineralised saprolite (weathered bedrock), under the shallow laterite and soil cover, which lies across the bulk of the project area.
First-pass drilling is being conducted on 400m spaced lines, with 50m spaced sample points along each line and is initially focused on a prominent, north-south, magnetic corridor, with coincident Newmont gold-in-soil anomalies (results up to 22.5g/t gold) that link Kada with AngloGold Ashanti’s 10Moz gold Siguiri Mine, 35km to the north.
“Golden Rim has secured the drilling rigs required for its planned programs at both Kada and Kouri. We are excited that by mid-April we should have six rigs in operation, the most at any one time in the company’s history,” Mr Mackay said.
“Our auger drilling at Kada is progressing very well and we have already completed about 1/3 of the planned programme.
“We are discovering quartz – limonite mineralisation in bedrock outside the area previously drilled by Newmont, which is highly encouraging and our first assays are expected in early April.”
Meanwhile, Golden Rim has signed contracts for 4,000m of RC drilling and 2,500m of diamond drilling at Kada for the infill drilling, with the two rigs to be mobilised within the next two to three weeks.
Elsewhere, the company has signed a contract for 2,000m of diamond drilling at Kouri, with the rig expected to arrive on site within the next week.
The first three holes will target depth extensions to the high-grade Diabatou Gold Shoot beneath the current Mineral Resource pit shell and the deepest existing drill hole which returned 7m at 4.6g/t gold, from 191m, including 3m at 10.2g/t gold (MRC050).
