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Gold & silver

Golden Rim Resources' surveys identify additional gold targets at Kada Project in Guinea

“This geophysical survey data for Kada has helped our exploration team further understand the nature of mineralisation in the region,” said MD Craig Mackay.

Golden Rim Resources Ltd (ASX:GMR) has identified additional gold targets from a geophysical survey program at the Kada Gold Project in Guinea, West Africa.

The program comprised ground magnetic, gradient-array Induced Polarisation (IP) and pole-dipole IP geophysical surveys at Kada, covering the Massan and Bereko prospects.

Notably, the surveys identify multiple new drill targets for gold mineralisation outside Golden Rim’s 930,000-ounce gold maiden inferred mineral resource estimate (MRE) area at Massan.

Golden Rim plans to test these new targets in its upcoming drill program scheduled to begin this quarter.

“Exciting new gold targets”

Golden Rim managing director Craig Mackay said: “This geophysical survey data for Kada has helped our exploration team further understand the nature of mineralisation in the region and when integrated with our auger geochemical data, we generated multiple exciting new gold targets for the upcoming drilling program.

“We expect to recommence both RC and diamond drilling in Q4 2022. We will aggressively drill the Bereko prospect, as well as conduct resource extension around the maiden MRE at the Massan prospect.

“In addition, we intend to undertake infill drilling to convert a large portion of our MRE to indicated, which will lead into a scoping study in 2023.”

Geophysical surveys

Golden Rim contracted SAGAX to complete ground magnetic (82 kilometres), gradient-array IP (75 kilometres) and pole-dipole IP (6.6 kilometres) surveys at Kada, focused on the Bereko and Massan prospects.

The surveys were designed to enhance Golden Rim’s understanding of the structural controls and distribution of gold mineralisation.

Highest priority targets were associated with the margin areas between highly resistive and chargeable IP anomalies and highly conductive and chargeable IP anomalies.

The widest and highest-grade mineralisation within the MRE area at Massan generally occurs proximal to these margin areas.

A priority target for the follow-up drilling is a strong untested IP anomaly that is directly below the previous drill intersection of 29 metres at 8.5 g/t gold in the MRE.

Forward plan

Golden Rim’s next drilling at Kada is scheduled to kick off next month.

At the Massan prospect, two drilling programs are planned:

  • The first is a resource extension RC program, focused on following up open intersections at the margins of the MRE as well as on the open mineralisation to the north.
  • The second and largest program is an infill diamond and RC drilling program targeting the highest grade and deepest oxide portion of the MRE, with the aim of converting a large proportion of the existing MRE from inferred to indicated category.

In addition to this, 700 metres of trenching has been scheduled within this area to improve the geological understanding of the orientation and controls of the gold mineralisation.

At Bereko, Golden Rim plans to complete RC and diamond drilling to follow up on gold intersections obtained in the maiden RC drilling and additional targets identified from recent auger drilling and the IP geophysical data.

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