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.
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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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.