Golden Rim Resources Ltd (ASX:GMR) latest diamond drilling results from Kouri Gold Project in Burkina Faso, West Africa, have extended the high-grade Diabatou gold shoot from 140 metres to 190 metres below surface.
Notably, a new high-grade gold intersection of 3 metres at 10.9 g/t gold from 201 metres, lies 50 metres beneath the bottom of the current mineral resource pit shell.
Diabatou mineralisation lies within the East Lodes inferred mineral resource which comprises 48,000 ounces at 3.2 g/t gold and is just 7 kilometres from the Central Lodes, which comprise the bulk of the global indicated and inferred mineral resource at Kouri of 2 million ounces at 1.3 g/t gold.
With the next mineral resource update, the extensions to the Diabatou shoot are expected to be added to the East Lodes resource inventory and a portion of this resource is expected to be upgraded from inferred to indicated using the infill drilling results.
“Potential to extend shoot further”
The high-grade Diabatou Gold Shoot remains open at depth, with the strongest portion of the shoot now interpreted to plunge almost vertically.
Golden Rim managing director Craig Mackay said: “Our diamond drilling has successfully extended the high-grade Diabatou Gold Shoot at depth and at least 50 metres beneath the bottom of the current mineral resource pit shell.
“The drilling has confirmed that the shoot has a near-vertical plunge and we believe the shoot can be extended further with drilling beneath diamond hole DDH004, which returned 3 metres at 10.9 g/t gold.
“The diamond drilling has now moved to the Central Lodes area, where follow-up drilling on several other exciting zones of high-grade mineralisation is underway.”
Diabatou Gold Shoot Longitudinal Section with the new diamond drill holes.
Central Lodes diamond drilling
Diamond drilling has now moved to the Central Lodes area at Kouri and is targeting extensions to other zones of high-grade gold mineralisation (in addition to Diabatou) obtained in previous drilling:
- 6 metres at 25.2 g/t including 1-metre at 114 g/t;
- 7 metres at 8.4 g/t; and
- 6 metres at 8.3 g/t and 4 metres at 8.2 g/t.
However, with the onset of the rainy season in Burkina Faso, Kouri drilling will be postponed.
The company intends to focus its exploration effort on the Kada Gold Project in Guinea which has all-weather access and where the maiden mineral resource drill-out is expected to continue into the rainy season.