Golden Rim Resources identifies broad oxide gold zones in resource diamond drilling at Kada Project

Golden Rim Resources Ltd (ASX:GMR) has identified broad zones of oxide gold in resource definition diamond drilling within the Newmont gold resource area at Kada Gold Project in Guinea, West Africa. The gold zones lie within an extensive 500-metre-wide, strongly anomalous bedrock gold corridor, with the oxide zone of the corridor almost entirely mineralised. Auger drilling suggests this bedrock gold corridor extends for at least 4.7 kilometres, remaining open to the north and south. New gold intersections include 18 metres at 1.3 g/t gold from 0 metres, 13 metres at 1.2 g/t from 30 metres, 31 metres at 0.6 g/t from 130 metres, 16 metres at 1.6 g/t from 27 metres, 17 metres at 1 g/t from 183 metres, and 20 metres at 1.2 g/t from 204 metres. RC rig added to resource drill-out Golden Rim managing director Craig Mackay said the first two diamond holes in the resource drilling results confirmed the multiple, broad, sub-vertical zones of oxide gold mineralisation in the area where Newmont previously calculated a non-JORC gold resource at Koda. He said: “The program is progressing well, and we have now completed 15 resource definition holes. “We have seen that most holes have intersected broad zones of strong stockwork vein mineralisation. “Drilling is ongoing, and we eagerly await further assay results over the coming weeks. “An RC drilling rig has been added to the resource definition drill-out and the delivery of a maiden JORC mineral resource for Kada in the second half of the year remains on track.” Looking ahead Golden Rim is continuing resource definition at Kada where currently, one diamond rig and one RC rig are operating. The diamond rig is on the last planned hole (re-drill of KDH009) and once this hole is completed the diamond rig will be demobilised. A further 1,300 metres of RC drilling is planned in the current program, focussed on the oxide and transition mineralisation.