West African gold explorer Golden Rim Resources Ltd (ASX: GMR) has hit further high-grade intersections in its latest drilling results from its Kouri Gold Project in Burkina Faso.
Assays have been received for 10 reverse circulation (RC) drill holes for a total of 1,046m. Three RC drill holes were located within the Mineral Resource are;; two drill holes are located at the Diabatou Prospect, and five drill holes are located at the Perga Prospect.
In the southern portion of the Diabatou Prospect a new drill hole intersected of 4m at 12.6g/t gold from 77m, including 2m at 22.5g/t gold from 78m (0.5g/t gold cut-off) or 8m at 6.5g/t gold from 76m, including 2m at 22.5g/t gold from 78m (0.3g/t cut-off).
Golden Rim’s Managing Director, Craig Mackay, said the intercept indicates the gold grade of the mineralisation may be increasing at depth where its extent remains open.
A second drill hole intersected high-grade mineralisation including 2m at 1.1g/t gold from 47m and 3m at 6.1g/t gold from 54m, including 1m at 15.5g/t gold from 54m (0.5g/t gold cut-off) or 10m at 2.1g/t gold from 47m, including 1m at 15.5g/t gold from 54m (0.3g/t gold cut-off) .
A potential high- grade gold shoot has now been outlined over at least 100m in strike length. The mineralisation remains open along strike and the gold grade within the potential shoot may be increasing along strike to the east where the artisanal workings extend for a further 120m past the current drilling.
The high-grade gold mineralisation, at this stage, shows excellent continuity and is associated with a distinct zone of intense shearing, up to 10m wide, within the granite country rocks which offers a clear target for follow-up drilling.
Further RC drilling is planned at this target as soon as exploration re-commences.
Mineral Resource Area
Infill RC drilling has been conducted on a 50m x 50m spacing in the northern portion of the 1.4Moz Mineral Resource beneath Guitorga Hill and extensional RC drilling has been conducted on a 100m x 50m spacing at the Kogodou Prospect for 550m along strike to the northeast of the Mineral Resource.
The best intercepts from the new drill holes include: 1m at 3.2g/t gold from 44m; 9m at 0.9g/t gold from 53m; and 13m at 0.6g/t gold from 2m.
“We have now hit continuous high-grade gold in four holes at Diabatou and we may have discovered a gold shoot,” Mr Mackay said.
“The high-grade gold mineralisation has now been delineated for 100m along strike and to 70m below surface and remains open in all directions.
“We have seen the immensely positive impact the discovery of a high-grade gold shoot had on West African Resources’ (ASX:WAF) Sanbrado Gold Project, which is located only 100km down the road from Kouri. West African Resources announced its first gold pour at Sanbrado on 18 March 2020 and is expected to produce more than 300,000 ounces of gold in the first 12 months at AISC of less than US$600/ounce.
“We now have a very clear target to follow up as soon as we are able to re-commence drilling and we eagerly look forward to determining the extent of the high-grade gold mineralisation at Diabatou.”