Company
Asara Resources Ltd
ASX:GMR
Asara Resources Ltd is an exploration company with a portfolio of advanced minerals projects in Guinea and Burkina Faso, West Africa and in Chile, South America.
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Asara Resources continues to grow its resource at Kada Gold Project in Guinea
With one established project, Kouri, in Burkina Faso and a new discovery, Kada, in Guinea, Golden Rim has laid the foundations for a breakthrough year.
Golden Rim Resources to be led by new CEO
Tim Strong will take over as the company's CEO on November 1, replacing Craig McKay.
Golden Rim Resources' surveys identify additional gold targets at Kada Project in Guinea
“This geophysical survey data for Kada has helped our exploration team further understand the nature of mineralisation in the region,” said MD Craig Mackay.
Golden Rim Resources hones in on extensive additional oxide gold target areas at Bereko in Guinea
The company’s infill drill program returned results up to 960 parts per billion gold, confirming several parallel, north-south trending, bedrock gold anomalies at the Kada Project's Bereko Prospect.
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Here’s Proactive Australia’s round-up of the top local financial stories of the day, with helpful links taking you directly to the news.
Golden Rim higher on selling Burkina Faso projects for US$15.5 million to concentrate on gold at Kada
Golden Rim is divesting gold assets in Burkina Faso as it looks to accelerate work at its flagship Kada project in Guinea.
Golden Rim Resources hits 43 metres at 1.2 g/t gold outside Kada resource
“It is envisaged these areas will provide considerable additional ounces to the gold inventory at Kada," MD Craig Mackay said.
Golden Rim Resources launches infill auger drilling at Bereko prospects of Kada Gold Project in Guinea
“Initial RC drilling results strongly suggest both areas could deliver satellite oxide gold resources we can add to our maiden 930,000-ounce gold mineral resource at Kada’s Massan Prospect," says MD Craig Mackay.
Golden Rim enhances Kada Project with shallow high-grade oxide gold at satellite prospects
“Results received to date from the first RC drilling at the Bereko and Bereko South prospects at Kada strongly suggest both areas will deliver satellite oxide gold resources we can add to our maiden 930,000-ounce gold mineral resource,” say
Golden Rim Resources' delivers more oxide gold in drilling outside Kada resource in Guinea
The gold oxide results are part of a 5,000-metre campaign to test target areas along the Kada Gold Corridor, with the aim of expanding the current resource.
Golden Rim executes executes option and JV agreement with Teck for Chilean copper project
“Golden Rim is very pleased to execute this agreement with Teck, one of Canada’s leading mining companies, to explore Loreto. Teck has two major copper operations in Chile, including the Quebrada Blanca Mine, located 120 kilometres south of
Golden Rim brings its interest in Kada to 51%
The West African explorer’s interest in Kada is now 51% and the company has also exercised its right to a third earn-in, which will bring its interest up to 75%.
Golden Rim Resources starts RC drilling at Kada Gold Project
“Drilling will target several exciting prospects both north and south of the mineral resource area that we have identified through auger drilling, regional mapping and rock chip sampling,” says MD.
Golden Rim Resources starts geophysical survey at Kada Gold Project
Golden Rim’s MD Craig Mackay, said: “After the success of our resource definition drilling and our milestone 930,000-ounce maiden mineral resource at Kada, we are excited to recommence our exploration along the highly prospective Kada Gold
Archive
Golden Rim Resources set to start RC drilling program at Kada Gold Project
The company has locked in a drilling contractor for the RC program and drilling is expected to begin shortly.
Golden Rim Resources raising up to $6.3 million for work at Kada Gold Project
“Golden Rim has had a terrific start to the year with our maiden Kada mineral resource estimate of 930,000 ounces of gold and the release of our scoping-level metallurgical test-work at Kada that demonstrates the gold mineralisation is free
Golden Rim Resources receives “outstanding” gold recoveries from Kada metallurgical tests
The test-work program provides a sound basis for scoping and economic studies and will assist with targeting of resource extensional and infill drilling during 2022.
Golden Rim Resources posts maiden 930,000-ounce resource for Kada Gold Project in Guinea
“The maiden mineral resource estimate at Kada is a major milestone for Golden Rim and comes approximately 12 months after acquiring the project and commencing work which reflects the extraordinary effort from our personnel and, in particula
Golden Rim Resources hits more oxide gold in Kada exploratory drilling
A second phase of RC drilling is in the works, while GMR plans to unveil its maiden MRE for the Kada gold camp imminently.
Golden Rim uncovers 171.5 g/t gold hit in rock chip sampling at Kada Project in Guinea
“At Bereko, we have discovered very high-grade gold mineralisation (up to 171.5 g/t gold in rock chip samples) associated with intense stockwork vein mineralisation exposed in artisanal workings. Bereko will be one of the first areas we tes
Golden Rim discovers new broad oxide gold zone at Kada Gold Project in eastern Guinea
“With this first round of exploration drilling completed at Kada, we eagerly await the results for the remaining 13 holes, with visible gold in several of these. Once these assays are received and compiled, we plan to commence a second roun
Golden Rim Resources fields more oxide gold at Kada Project in Guinea including 61 metres at 1.2 g/t from surface
“Our initial focus for this exploration drilling is immediately north of the resource area, before moving to test several exciting target areas along the corridor that have potential to add more ounces to the Kada gold inventory.”, says man
Golden Rim Resources expects to grow Kada gold resource with further broad results returned
The company's bounty continues to grow as it prepares to define its maiden mineral resource estimate, with 30 metres at 0.8 g/t gold among highlights.
Golden Rim Resources hits 96 metres at 3.3 g/t gold, best yet from Kada and just in time for the holidays
The company doesn't intend to take the foot off the pedal now: “Our RC drilling at Kada is progressing well and will continue through the Christmas and New Year period," managing director Craig Mackay said.
Golden Rim Resources hits 62 metres at 1.3 g/t gold, Kada's widest oxide intersection to date
Results from six reverse circulation holes delineate multiple, broad, subparallel zones of gold mineralisation in the defined Newmont gold resource area.
Golden Rim Resources kicks off resource definition drilling ahead of maiden gold resource estimate at Guinea project
The company is focused on the extensive oxide gold mineralisation at Kada and is planning to deliver a maiden mineral resource estimate in January 2022.
Golden Rim Resources to test anomalous gold zones at Kada with extensive auger drilling campaign
"It is expected that the RC drilling about to commence will delineate additional gold mineralisation along the gold corridor which can be included in the maiden mineral resource, now scheduled for delivery in January 2022,” says MD.
Golden Rim Resources well placed for further growth across its gold and copper portfolio in West Africa and South America
With drilling programs running in parallel at Kada and Kouri through the year, it has been a busy and productive 12 months for Golden Rim.
Golden Rim Resources raising A$6 million to advance Kada Gold Project drilling; resource update in Q42021
Kada lies within the highly prospective Birimian greenstones of West Africa which host more than 60 gold deposits in excess of 1 million ounces of gold.
Golden Rim Resources halted with capital raising news upcoming
The company’s shares will remain in a trading halt until Wednesday, September 15, or when an announcement is released to the market.
Golden Rim serves up more broad zones of oxide gold at Kada in Guinea
The company completed nine diamond holes for 1,917 metres and 18 RC holes for 2,252 metres in its first round of resource definition drilling at Kada and has received all assays which will be incorporated in a maiden mineral resource.
Golden Rim intersects 32 metres at 1.4 g/t gold at Kada Gold Project, on track for maiden mineral resource in second half 2021
The West African gold explorer said drilling continues to outline extensive areas of additional oxide gold mineralisation within large gaps in the previous Newmont drilling.
Golden Rim Resources more than triples Kada bedrock gold corridor to 15 kilometres following aircore drilling
Golden Rim plans to commence follow-up RC drilling in September to delineate additional oxide gold mineralisation along the bedrock corridor outside the Newmont gold resource area.
Golden Rim Resources expands oxide gold blanket at Kada Project to 700 metres following RC drilling
The company’s drilling is outlining extensive areas of additional oxide gold mineralisation within large gaps in the previous Newmont drilling.
Golden Rim returns encouraging Kada gold results with 46 metres at 1.3 g/t in oxide
The company is on track to deliver its maiden mineral resource estimate in the second half of 2021 as drilling continues to confirm multiple, broad, sub-parallel zones of gold mineralisation at the Newmont gold resource area.
Golden Rim Resources outlines strong gold mineralisation continuity at Kada
The company has drilled three diamond holes, covering 560.5 metres, at the Kada gold asset as part of a resource definition program to establish a maiden gold resource.
Golden Rim Resources reveals second high-grade gold shoot at Kouri
The company has completed three diamond drill holes totalling 330 metres targeting extensions to areas of high-grade gold mineralisation obtained from previous drilling operations in the Central Lodes area.
Golden Rim Resources identifies broad oxide gold zones in resource diamond drilling at Kada Project
Auger drilling suggests this bedrock gold corridor extends for at least 4.7 kilometres as the company awaits a further 1,782 auger assays.
Golden Rim Resources extends depth of high-grade Diabatou gold shoot at Kouri
Diabatou mineralisation is within the East Lodes inferred resource comprising 48,000 ounces at 3.2 g/t gold and is 7 kilometres from the Central Lodes, which comprise the bulk of the global Kouri resource of 2 million ounces at 1.3 g/t.
Golden Rim Resources geochemical sampling doubles Loreto porphyry copper target in Chile
The company has obtained encouraging anomalous molybdenum results in additional rock chip samples from Loreto porphyry copper target area and plans to conduct a short diamond drilling program.
Golden Rim Resources accelerates resource drilling program at Kada Gold Project
Infill diamond drilling is underway in the Newmont gold resource area at Kada, where Golden Rim is working to deliver a maiden JORC Mineral Resource in 2HCY21.
Golden Rim Resources extends time for acquisition of additional gold permits in Guinea
The joint venture agreement is prepared and will be signed upon receiving Guinean government approval.
Golden Rim Resources extends major bedrock gold corridor at Kada Gold Project in Guinea to 4.7 kilometres
Golden Rim is completing a 30,000 metre auger drilling program at Kada, increased from 15,000 metres, designed to delineate mineralised zones outside the area where Newmont calculated a non-JORC gold resource in 2012.
Golden Rim Resources gears up to explore major porphyry target in Chile amidst bullish copper market
The company will focus preparing access agreements for the under-explored Loreto target at the Paguanta Project, with exploration expected to begin in May.
Golden Rim Resources confirms 3.5-kilometre bedrock gold corridor at Kada Gold Project in Guinea
Three power auger rigs are operating at Kada, with 1,262 holes for 13,821 metres completed and results for a total of 558 holes received to date.
Golden Rim Resources has diamond drill spinning at Kada Gold Project
The company also has three power auger rigs operating at Kada and a 15,000-metre auger drill program designed to delineate mineralised zones outside the Newmont gold resource area is progressing well with 12,552 metres completed.
Golden Rim Resources begins diamond drilling of high-grade Diabatou gold shoot at Kouri Project
Drilling will test for depth extensions to the gold shoot beneath the current mineral resource pit shell as well as infill drilling targeting the upper portions of the gold shoot.
Golden Rim completes second tranche of $5 million placement including support from chairman
The gold explorer is awaiting the first batch of auger samples from the Kada Project in West Africa with results expected in early April 2021.
Golden Rim Resources ramps up drilling at West African gold projects with six drilling rigs expected by mid-April 2021
The gold explorer has secured the drilling rigs required for its planned programs at Kada Gold Project in Guinea and Kouri Gold Project in Burkina Faso.
Golden Rim Resources begins extensive fieldwork at Kada Gold Project
According to the company, auger drilling is the first step in systematically exploring the weathered bedrock beneath the shallow laterite and soil cover that covers most of the project area.
Golden Rim Resources raises $5 million to accelerate West African gold projects
The placement to institutional, sophisticated and professional investors will promote exploration at Golden Rim’s Kada and Kouri gold projects.
Golden Rim Resources completes first stage of Kada Gold Project acquisition
After acquiring an initial interest in the advanced gold project with exploration upside and a non-JORC resource area, the company believes it can rapidly convert to a JORC resource with infill drilling.
Golden Rim Resources engages Capital Drilling at Kouri Gold Project
Mobilisation of a multi-purpose drilling rig from Mauritania to Burkina Faso is underway with drilling expected to begin in mid-April.
Golden Rim Resources attracts $2.25 million to advance Kouri Gold Project in Burkina Faso
The company has defined a 1.4 million ounces resource at Kouri which remains open at depth and along strike.
Golden Rim Resources extends agreement to acquire Burkina Faso gold permits
With a decade of experience working in the Burkino Faso region, the company believes it is well placed to turn discoveries into real value for shareholders.
Golden Rim Resources intersects bonanza gold grades up to 89.5 g/t in Kouri drilling
The substantial grades and identified future targets highlight the potential to grow the project’s mineral resource.
Golden Rim Resources identifies new gold lodes outside of Kouri mineral resource
Many of the discovered lodes have undergone shallow artisanal mining.
Australians developing gold projects in Africa focus on quality of projects
The managing directors of Cardinal Resources and Golden Rim Resources presented at Investor Insight.
Golden Rim Resources identifies bedrock gold anomalies at Kouri project
The results highlight the potential for expanding the project’s 1 million ounce indicated and inferred mineral resource.
Golden Rim Resources raising $4 million to advance Kouri Gold Project
Qualified, institutional, sophisticated and professional investors are participating in the heavily oversubscribed placement.
Golden Rim Resources discovers significant gold mineralisation at Burkina Faso project
Ausdrill will resume drilling at the Red Hill prospect on the Markoye Fault system in about a week.
Golden Rim Resources extends gold mineralisation at Kouri project in Burkina Faso
Drilling has confirmed mineralisation along strike from the existing resource as well as at depth.
Golden Rim Resources' shares move sharply on back of positive analyst's update
Positive research update from Brandon Hill Capital sparks two-day share price rally.
Thundelarra strengthens board with new director
Shares in Thundelarra are up 60% over the past month after drilling revealed visible gold.
Golden Rim Resources bags $1.27M for flagship gold project in Burkina Faso
Exploration target of circa 500,000 - 611,000 ounces of gold.
Target Energy and Golden Rim Resources are early fallers as investors trade the spread
Target Energy recently entered a debt facility with InvestMet.
Golden Rim Resources shares rise on acquiring the Kouri Gold Project
The company paid Epsilon Gold Mines US$115,000 for its 10% interest.