| Announcement Date: | 2022-02-22 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | JORC |
| Company name: | Golden Rim Resources Ltd. |
| Project name: | Kada |
| Location: | Guinea |
| Commodities: | Gold |
| Highlight: | Auger drilling results incl. 2.7g/t Au |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | West African gold explorer Golden Rim Resources Ltd (ASX: GMR; Golden Rim or Company) is pleased to announce assay results from second round auger drilling and rock chip sampling at its Kada Gold Project (Kada) in Guinea. Golden Rim recently completed a second round of regional auger drilling at Kada (1,095 holes for 13,852m). Geological mapping and rock chip sampling (48 samples) were conducted in conjunction with the auger drilling. Most of the surface of Kada is covered by laterite, which varies in depth from 3-15m. As a result, the mapping and rock chip sampling are limited to rare small outcrops and bedrock exposed in artisanal mine workings. This auger program included infill drilling around the highly anomalous areas along the 15km northsouth trending Kada Gold Corridor that were identified in the first round of auger drilling in 2021, as well as initial auger drilling across unexplored areas to the east of the Kada permit (Figure 1). Regionally, the Kada Gold Corridor is interpreted as sitting on major regional gold trend that extends 35km north to AngloGold Ashanti’s +10Moz gold Siguiri Mine (Figure 5). |
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