Golden Rim Resources Ltd (ASX: GMR) announced that it has commenced a 2,000m (~10 holes) diamond drilling program on the high-grade Diabatou Gold Shoot at the Kouri Gold Project in Burkina Faso. The company said that the first results from Diabatou diamond drilling are expected in April 2021.
GMR reported that the drilling would test for depth extensions to the gold shoot beneath the current Mineral Resource pit shell and the deepest existing drill hole (MRC050) which returned 7m at 4.6g/t gold, from 191m, including 3m at 10.2g/t gold.
The company said that the infill drilling will also be conducted targeting the upper portions of the gold shoot to enable the Company to upgrade the Mineral Resource in this area to the Indicated category.
Kouri MRE
In October 2020, Golden Rim had announced an updated global Indicated and Inferred Mineral Resource of 50 million tonnes at 1.3g/t gold for 2 million ounces of contained gold at a 0.5 g/t gold lower cut-off for the Central, East, and West Lodes at Kouri.
Diabatou Gold Shoot
The high-grade Diabatou Gold Shoot mineralisation lies within the East Lodes Inferred Mineral Resource which comprises 48,000 ounces at 3.2g/t gold and is located 7km from the Central Lodes, which comprise the bulk of the global Mineral Resource.
The bottom of the Mineral Resource optimised pit shell (~140m below surface) on the Diabatou Gold Shoot sits in high-grade mineralisation (7m at 4.6g/t gold, including 3m at 10.2g/t gold in hole MRC050) and deeper drilling offers an outstanding opportunity to add additional high-grade gold ounces. Consequently, Golden Rim has now commenced a planned diamond drilling program on the Diabatou Gold Shoot.
Diamond drilling on Diabatou Gold Shoot
GMR announced that it has commenced a planned 2,000m (~10 holes) diamond drilling program on the Diabatou Gold Shoot at Kouri.
Golden Rim said that the first three holes will target depth extensions to the gold shoot beneath the current Mineral Resource pit shell and the deepest existing drill hole, MRC050 which returned 7m at 4.6g/t gold, from 191m, including 3m at 10.2g/t gold.
Results in a month
The company said that the diamond drilling program is expected to be completed in two months. The first assay results are expected in April 2021.
Infill drilling
GMR said that infill drilling will also be conducted in the upper portions of the gold shoot to enable the Company to upgrade the Mineral Resource in this area to the Indicated category.
*Image Source: Golden Rim Resources Ltd
