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- West African gold explorer Golden Rim Resources (GMR) has begun diamond drilling at the Kouri Gold Project in Burkina Faso
- All up, 10 diamond holes will be drilled on the high-grade Diabatou Gold shoot to test for depth extensions beneath the mineral resource pit
- Infill drilling will then be undertaken to test the upper portion of the gold shoot and upgrade the mineral resource of 50 million tonnes at 1.3g/t gold
- Diamond drilling is planned to take a month to complete and results are expected in April
- Golden Rim is up a healthy 11.1 per cent on the market and shares are trading at 1 cent
West African gold explorer Golden Rim Resources (GMR) has begun diamond drilling at the Kouri Gold Project in Burkina Faso.
The 325 square kilometre Kouri Project lies 230 kilometres northeast of Ouagadougou.
All up, 10 diamond holes, for 2000 metres, will be drilled on the high-grade Diabatou Gold Shoot to test for depth extensions beneath the mineral resource pit.
The first three holes will target a gold shoot that has previously returned a result of seven metres at 4.6g/t gold from 191 metres including three metres at 10.2g/t gold.
Mineralisation at the shoot mineralisation lies within the East Lodes inferred mineral resource, which reads 48,000 ounces at 3.2g/t gold.
Furthermore, this mineralisation lies within a continuous and distinct zone of mineralisation and measures up to 10 metres in width.
Infill drilling will then be undertaken to test the upper portion of the gold shoot and upgrade the mineral resource of 50 million tonnes at 1.3g/t gold for two million ounces of contained gold.
Diamond drilling is planned to take a month to complete, and results are expected in April.
Golden Rim is up a healthy 11.1 per cent on the market and shares are trading at 1 cent at 1:36 pm AEDT.
