Saturday, November 23, 2024

Golden Rim completes diamond drilling at Kada

Golden Rim Resources has announced the completion of a 4,200 m diamond drilling programme at its flagship Kada Gold Project in Guinea.

Golden Rim has recently completed a 23 hole, 4,192.5 m DD campaign at Kada, across the Massan and Bereko prospects. Drilling at Massan was used to test open mineralisation at depth and to provide additional structural information within the deepest and highest-grade portion of the MRE, in preparation for an MRE expansion and update.

Drilling has provided valuable structural information that has led to an evolution of the geologic understanding of mineralisation at Kada.

At Bereko, Golden Rim has completed maiden diamond drilling, with drilling confirming the width and grade of mineralisation, as well as providing information on the orientation of mineralisation within this prospect.

A world-renowned structural geology consultant was on-site for the drilling of six diamond holes in June and July, observing Golden Rim’s procedures and reviewing structural interpretations. Drilling has intersected area of intense veining in multiple orientations, with mineralisation occurring in three-main orientations as outlined in previous results.

Assays for the final seven holes (1,629.5 m) have been dispatched, with results expected during August.

The information provided by this drilling, along with recently completed trenching, RC drill and AC drilling, is currently being incorporated into Golden Rim’s internal modelling, in preparation for a maiden MRE at Bereko and an MRE update at Massan.

Golden Rim’s Managing Director, Tim Strong, said:

“We are delighted to have completed a productive field season, with RC, AC and DD undertaken, as well as a major trenching campaign at Kada. We have gained critical insights into the nature and orientation of mineralisation that we are currently using to update our geologic modelling in preparation for a major MRE update, including a maiden MRE at Bereko, on track for delivery during H2 CY 2023.

“We are eager to incorporate this season’s new results into an updated MRE and are confident of delivering significant growth in our MRE. Furthermore, with recent new discoveries including 17m @ 1.3 g/t in Sounkou’s first RC hole, we are looking forward to continuing to increase the size and scale of the Kada Project.”

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