Golden Rim Resources Ltd (ASX:GMR, OTC:GMRMF) has identified an area of shallow, broad gold zones at Bereko, some 9 kilometres north of the mineral resource estimate boundary at Massan prospect, within the Kada Gold Project in Guinea.
The first eight drill holes testing an east-northeast trending vein at the 930,000-ounce Massan deposit struck wide oxide results, including 12 metres at 2.3 g/t gold within 57 metres at 1.0 g/t gold from surface.
At Bereko, the company has received assays from 14 reverse circulation (RC) holes for 1,398 metres of drilling, with results of note including:
- 12 metres at 1.0 g/t gold from 54 metres, including 5 metres at 1.9 g/t from 60 metres;
- 25 metres at 1.3 g/t from 72 metres, including 6 metres at 3.6 g/t from 87 metres;
- 14 metres at 1.8 g/t from 23 metres, including 5 metres at 3.0 g/t from 41 metres; and
- 11 metres at 1.3 g/t from 29 metres.
Assays are pending for a further 37 holes consisting of 3,452 metres of drilling at Bereko.
15-kilometre-long prospective strike
“Drilling at Bereko continues to intercept significant gold mineralisation. Every new assay is helping us further our understanding of the mineralisation style and geology and improving our interpretations of the deposit,” Golden Rim Resources CEO Tim Strong said.
“The first of eight holes at Massan drilled to test the influence of high-grade cross-cutting east-northeast vein sets has yielded significant gold intersections, and we await the assays for the remaining holes as well as the upcoming diamond drilling information.
“We see the potential for a series of deposits along the 15-kilometre-long Kada mineralised trend and these new results from Bereko support that thesis.
“As drilling progresses, we intend to target further areas of potential along the belt.”
The company has also observed broad zones of strong quartz-limonite vein mineralisation in trenching at Massan – assays will be available in the coming weeks.
GMR is planning to complete a further 3,500 metres of diamond drilling at Kada’s Bereko and Massan prospects, expected to begin mid-February this year.