West African gold explorer Golden Rim Resources Ltd (ASX: GMR) has obtained high-grade gold assay results for a further three trenches (totalling 282m) from exploration activities at its flagship Kada Gold Project in Guinea.
Highlights
• Assays returned for the final three trenches at Massan.
• 3,500m of diamond drilling (DD) at Bereko and Massan prospects is progressing well, assays anticipated late May 2023
• Updated Massan MRE and maiden Bereko MRE on track for delivery in 2023. Golden
• RC drilling is now complete, with assays pending for the final 14 holes (1,487m) from 34m
“Trenching at Massan continues to intercept wide zones of high-grade mineralization and has given us further understanding about the multiple orientations of mineralization across the Mineral Resource area. What is exciting to see is continuous intersections of mineralization in both our East-West and North-South trenches,” Managing Director, Tim Strong, said.
“After we observed veins in the trenches trending east-north-east as well as north-south, we opted to drill some Reverse Circulation (RC) holes within the Mineral Resource Estimate (MRE) area plunging to the northwest, with positive early results including 56m @1.7 g/t gold in MSRC0241.
“We are awaiting results from 14 RC holes in the area, which we are confident will return wide zones of mineralization and help further our understanding of the ore zones orientation.
“We look forward to confirming our structural observations with the ongoing diamond drilling campaign as we work towards a maiden MRE at Bereko and a Mineral Resource update at Massan later in 2023.”
Kada Exploration Activities
Golden Rim completed a 900m trenching campaign at Kada, to capture critical structural information required to advance the Massan Resource area toward an updated Mineral Resource Estimate.
Golden Rim also completed a 10,000m RC drilling programme at Kada, consisting of exploration drilling at the Bereko Prospect and north of the MRE area within the Massan Prospect, and some resource extension and infill drilling around the margins of the MRE, along with a 3,000m Air Core (AC) drilling programme to test new targets along the 15km Kada gold corridor.
Golden Rim is also undertaking a 3,500m DD programme to further define structural controls on mineralization at both Massan and Bereko.
Trenching returns 128m @3.1 g/t Au at Massan
Trenching at Massan is now complete, with eight trenches excavated for a total of 874m. Golden Rim has excavated trenches in both east-west and north-south orientation, to gain a better understanding of the orientation of multiple mineralized structures within the Mineral Resource area.
MSTR01 was excavated to the north of successful RC drilling undertaken in 2021, to further examine the widths of mineralized structures on the surface. MSTR01 contains an abundance of 0.1-1m wide, north-west to north-east dipping, high-grade veins.
Veins are typically vuggy quartz, with disseminated sulphides and are associated with pervasive ankerite alteration of the host rock. MSTR01 also intercepts numerous narrower (<0.5m), subvertical iron rich quartz veins that are oblique to trenching and trend roughly east northeast-west southwest. Mineralization is wide and consistent across the trench, returning 128m @3.1g/t gold. This included a higher-grade core of 10m @10.7g/t gold from 74m to 84m.
MSTR05 was excavated in the southwest corner of the MRE area, trending east-west. Trenching intersected a number or moderate to steep northeast and northwest dipping quartz-rich veins, with grades up to 7.6g/t gold returned in these zones.
MSTR09 was excavated in a north-south direction, allowing Golden Rim to investigate mineralization in all orientations. Trenching intersected multiple 15cm-35cm north-south trending, iron rich vuggy quartz veins with abundant sulphides. A zone with a high frequency of 5cm-20cm subvertical north-south veins cross-cutting veins dipping moderately-steeply to the SSW has returned the highest grades, including a zone containing 14m @2.7 g/t gold from 34m to 48m.
Current Progress and Next Steps
RC drilling at Bereko and Massan is now complete, with assays pending for the final 14 holes (1,487m) within the MRE area at Massan.
A diamond drilling campaign is ongoing to confirm the width, grade, and structural controls on mineralization in Bereko and Massan, providing further certainty to progress the Mineral Resource towards a higher confidence classification. Results are expected late May 2023.
For further information please visit: https://goldenrim.com.au/
