Golden Rim Resources extends major bedrock gold corridor at Kada Gold Project in Guinea to 4.7 kilometres

Golden Rim Resources Ltd (ASX:GMR) has extended the major north-south trending corridor of anomalous bedrock gold in the western portion of Kada permit in Guinea from 3.5 kilometres to 4.7 kilometres Encouraging new auger results lie up to 1.2 kilometres south of those recently announced and extend the gold corridor 1.4 kilometres to the north and 2.4 kilometres to the south of the Newmont gold resource area, remaining open in both directions. Golden Rim believes there is ‘excellent’ potential for follow-up drilling to delineate additional gold mineralisation in these corridor extension areas for inclusion in the maiden JORC mineral resource scheduled for the second half of 2021. “Exciting target area” Managing director Craig Mackay said: “We have now delineated a broad 4.7-kilometre corridor of strongly anomalous gold in bedrock at Kada, which remains open to the north and south. “This gold-anomalous corridor provides an exciting target area for Golden Rim to outline additional gold mineralisation outside the Newmont gold resource area. “We expect the gold anomalous corridor to grow.” The 30,000-metre drilling program, increased from 15,000 metres, is designed to delineate mineralised zones outside the area where Newmont calculated a JORC resource in 2012. Awaiting results of 920 auger holes Mackay said the company had dispatched samples from a further 920 auger holes to the laboratory and was awaiting the results. He continued: “Infill diamond drilling is underway in the Newmont gold resource area at Kada, where Golden Rim is working to deliver a maiden JORC mineral resource in the second half of 2021. “The first diamond drilling results are now expected end-May. “Progress of the diamond drilling has been slower than expected due to soft ground conditions in the deep oxide zone at Kada and we have deliberately slowed the drilling to ensure acceptable core recoveries are achieved. “Golden Rim is looking to mobilise a second diamond drilling rig to the site so the infill drilling program remains on schedule.” Three power rigs on site Three power auger rigs are operating at Kada, with 2,047 holes for 21,843 metres completed to date and 2,500 to be completed on the Newmont resource area. Samples for the first two holes have been dispatched to the laboratory with results expected end-May. Golden Rim is also drilling the high-grade Diabatou Gold Shoot at Kouri with first results expected end-May.