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Gold & silver

Golden Rim Resources finds more gold anomalies in Burkina Faso

Golden Rim Resources (ASX: GMR) has discovered multiple gold anomalies including a peak of 13.5 grams per tonne gold from auger drilling near the Netiana Lodes of its Balogo Project in Burkina Faso.

The peak value was intersected 300 metres northeast of Netiana Lodes while an auger result of 1.5g/t gold was intersected 100 metres to the south.

The Netiana Lodes have an Inferred Resource of 850,000 tonnes at 6.8g/t gold for 185,000 ounces of gold.

Golden Rim is presently conducting an auger drilling program over 100 metre by 25 metre grids with holes of between 3 metres and 6 metres to test those areas with shallow transported soil cover.

This is part of the company’s ongoing efforts to explore for satellite, open pittable, gold resources to add to its existing gold resource on the Netiana Lodes.

Initial auger drilling over the Netiana Lodes had outlined a 300 metre by 150 metre anomaly with a peak value of 581ppb gold. This lies 65 metres above an intercept of 11.5 metres at 16.5g/t gold in diamond hole BDH013.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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