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Gold & silver

Golden Rim Resources and Drake Resources JV identify copper-gold-zinc targets in Sweden

Golden Rim Resources (ASX: GMR) has identified new copper-gold-zinc targets from a gravity survey along strike from the Falun Mine, part of the Falun project JV, in Sweden.

Importantly, the new targets provide Golden Rim with near mine exploration.

Falun has been a very strong polymetallic deposit, with past production estimated around ; 35 million tonnes at 1-3% copper, 3-6% zinc and 0.5-3 grams per tonne (g/t) gold.

Adding to the prospectivity of the area known as the Bergslagen district, which contains Falun, there are a number of other high quality mines.

These include Garpenberg; 60 million tonnes at 5% zinc, 2% lead, 0.1% copper, 100g/t silver and 0.3g/t gold, and Zinkgruvan; 55 million tonnes at 11% zinc, 1.5% lead and 94g/t silver.

The Falun Project is located 200 kilometres north-west of Stockholm, and is part of the Bergslagen JV between Golden Rim’s Abu-Dhabi based alliance company, Royal Falcon Mining LLC and Drake Resources (ASX: DRK).

The Falun project comprises six licences covering 101 square kilometres around the historic mining centre of Falun.

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