West African gold explorer Golden Rim Resources Ltd (ASX: GMR) is making good progress with its 10,000m reverse circulation (RC) drill programme at its flagship Kada Gold Project in Guinea.
Highlights
• 2,233m of RC drilling (17 holes) completed at Massan Prospect, including all Priority 1 holes.
• RC rig has moved to Bereko Prospect, following up on multiple zones of high-grade mineralization along a 5.5km-long bedrock gold anomaly. 1,318 meters (12 holes) have been completed as of 8 January 2022.
• Trenching has commenced at Massan to enhance understanding on geometry and structural controls of mineralization in the 930,000oz gold1 Mineral Resource area.
• Diamond drill rig will commence 3,500m drilling at Kada shortly.
• First 9 RC holes dispatched to assay laboratory for analysis, results expected later this month.
Golden Rim has successfully completed Priority 1 RC holes at the Massan prospect, with 17 holes drilled for 2,233m completed to date. Seven holes were extended as mineralisation was noted at the planned depth of these holes.
The RC rig has moved to the Bereko Prospect and commenced drilling, with 6,000m planned along the 5.5km long bedrock gold anomalies, to follow up on multiple zones of mineralization (including 11m @ 6.3g/t gold and 10m @ 5.6g/t gold) discovered in initial RC exploration drillholes completed in May 2022.
A diamond drilling (DD) rig is in transit to Kada and is expected to commence drilling shortly with 3,500m of diamond drilling planned across both the Massan and Bereko prospects.
“We are delighted at the speed with which the drilling has commenced and the progress of our exploration program at our flagship Kada project in Guinea,” CEO, Tim Strong, said.
“RC drilling has averaged more than 1,000 metres per week at Massan. The RC rig has moved to the Bereko prospect, nine km north of the current Mineral Resource, allowing us to commence a trenching campaign at Massan to further improve geological confidence within the Mineral Resource area.
“A diamond drilling rig is scheduled to commence soon and is expected to provide us with vital structural information about the controls on mineralisation across both the Massan and Bereko prospects.
“We are expecting our first assay results towards the end of January, and the two drill rigs and trenching will provide us with a steady stream of new results over the coming months.”
Diamond drilling and trenching to commence at Kada
At Bereko, diamond drilling will focus on confirming the width, grade and extensions of the highly significant gold mineralization discovered in the initial RC drilling programme and providing the structural information required for resource estimation.
Diamond drilling at Massan has three main objectives: test numerous zones of open mineralization at depth (including below 29m @ 8.5 g/t gold in previous hole, KRC025); testing numerous deeper exploration targets identified by gradient-array Induced Polarisation (IP) and Pole-Dipole IP geophysical surveys completed in late 2022; and providing further critical structural information to progress the Mineral Resource towards an Indicated classification.
The first nine RC holes from Massan have been dispatched to the assay laboratory for analysis, with results expected to be received in late January 2023.
In addition, the company has commenced a trenching campaign (six trenches for approximately 800m) in the Mineral Resource Area at Massan. This trenching is expected to provide important structural information to assist in geological modelling and help guide the location of planned infill drilling in the Mineral Resource.
For further information please visit: https://goldenrim.com.au/
