Golden Rim Resources has announced further results from rock chip sampling across the Korongou Permit and provided an update on its drilling programs in Burkina Faso.

Results from 16 new rock chip samples have been received from the Namagdo, Maré and Banouassi prospects at Korongou. Samples have been taken from outcrop and artisanal workings. The best new rock chip assays (818 g/t gold, 142.1 g/t gold, 25.5 g/t gold and 5.0 g/t gold) have been obtained in the SE of the Banouassi Prospect from in situ quartz-sulphide-carbonate veining exposed in a NE-trending zone of new artisanal working s which lie on one of the three parallel zones of mineralisation which are known locally as the Kom Line. The very high grade gold mineralised zone is hosted in strongly sheared and altered andesite and seems to be approximately 5m wide. It is yet to be tested by drilling.

Rock chip sample result s of 12.0 g/t gold and 4.1 g/t gold have been returned from the Maré Prospect, which lies 1.3 km SW of the Banouassi Prospect. Both were float samples of sheared and silicified (+/ – iron oxides) andesite with quartz veinlets from nearby artisanal workings. The mineralisation at Maré was tested by the recent drilling. Assays are pending.

Rock chip samples taken from a line of new artisanal workings (Kogli South) in the SW portion of the Namagdo Prospect returned results including 3.0 g/t gold and 2.3 g/t gold from in situ silicified and iron-rich andesite with quartz and sulphide veinlets. The Kogli South mineralisation was tested by the recent reverse circulation drilling and assays are pending .

Furthermore, the RC program at Korongou has been completed and the auger program is progressing well. To date, 34 RC holes for a total of 4 306 m and 1 028 auger holes have been completed. The RC program was designed to follow up targets from last year’s drilling program and to test new areas of artisanal mining, where significant rock chips have been returned. The assay results of the completed program are pending.

The drilling rig has been re located to the Balogo Project to conduct a planned program of five holes (800m) to follow up the previously returned intercept of 14m at 18.8 g/t gold (34m–48m), including 4m at 63.8 g/t gold, in Hole BRC270 at the Panga Lodes . Weather permitting, when the drilling at Balogo has been completed the rig will be moved back to Korongou to allow further follow up holes. The follow-up work will include test ing the high grade gold mineralisation at the Kom Line.

Golden Rim’s Managing Director, Craig Mackay, said “Our sampling at Korongou continues to return high gold grades. A rock chip sample of 818 grams of gold per tonne or 26 ounces of gold per tonne is extraordinarily high and we look forward to drilling some holes beneath this mineralisation.

“Our continuing exploration work clearly highlights the significance of the gold mineralisation at Korongou, which Golden Rim believes to be one of the largest and most prospective areas of gold mineralisation in Burkina Faso that has not yet been subjected to a modern and systematic exploration campaign.”

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