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Gold & silver

Golden Rim Resources hones in on extensive additional oxide gold target areas at Bereko in Guinea

The company’s infill drill program returned results up to 960 parts per billion gold, confirming several parallel, north-south trending, bedrock gold anomalies at the Kada Project's Bereko Prospect.

Golden Rim Resources Ltd (ASX:GMR) has identified extensive additional oxide gold target areas in an auger drilling program at Beroko Prospect within the Kada Gold Project in Guinea.

The company’s infill drill program returned results up to 960 parts per billion (ppb) gold, confirming several parallel, north-south trending, bedrock gold anomalies at Bereko with a cumulative strike length of more than 5.5 kilometres.

Notably, auger gold anomalies provide target areas for Golden Rim to delineate strike extensions to the oxide gold mineralisation.

Looking ahead, the company has extended its induced polarisation (IP)/ground magnetics geophysical survey and results are now expected in late August before plans will be finalised for follow-up reverse circulation (RC) drilling at Bereko.

Auger drilling system successful

Golden Rim managing director Craig Mackay said: “Systematic auger drilling to identify areas with anomalous bedrock gold beneath the shallow laterite cover has been hugely successful at Kada.

“At Bereko, we have hit significant bedrock oxide gold in almost every RC hole targeting the auger anomalies.

“Initial RC drilling results strongly suggest the area could deliver satellite oxide gold resources we can add to our existing gold inventory.

“The initial auger drilling coverage at Bereko was broadly spaced to allow for a large under-explored area to be covered quickly.

“Now, with the completion of the infill auger drilling we have considerably improved our understanding of the extent and trend of the auger gold anomalies and we are better placed to target the next round of RC drilling to locate more oxide gold mineralisation.

“The extent of the gold anomalies at Bereko, with a cumulative strike length of 5.5 kilometres, is highly significant given the current 930,000-ounce mineral resource, 7 kilometres to the south, extends over 1 kilometre.”

Auger program

Golden Rim recently completed a 218-hole auger drilling program across 1,990 metres at Bereko.

The drilling was designed to penetrate the shallow laterite cover to obtain a bottom-of-hole sample in each hole of the weathered bedrock (saprolite) beneath for gold analysis.

Results from the infill auger drilling are highly encouraging with the delineation of several parallel, north-south-trending bedrock gold anomalies (Western and Eastern anomalies) with a cumulative strike length of more than 5.5 kilometres.

Forward plan

Golden Rim has extended its IP and ground magnetics geophysical survey at the Bereko and Massan prospects, with three dipole-dipole IP lines (total of 3.6-line kilometres) now planned for Massan.

This survey is expected to be completed in about one month.

Golden Rim will use the results of its RC and auger drilling programs as well as the geophysical survey to guide further exploration at Kada during 2022, including planning further drilling to follow up the highly encouraging initial drilling results received from Bereko and around the mineral resource area at Massan.

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