HomeGoldGolden Rim’s Korongou delivers significant drilling results

Golden Rim’s Korongou delivers significant drilling results

Golden Rim Resources has received the majority of the assay results from its reverse circulation (RC) drilling program at the Korongou Project in Burkina Faso.

The program included 36 holes for a total of 4 492 m and was designed to follow up intercepts from last year’s drilling program and to test areas of artisanal mining where significant rock chips have been returned at the Banouassi, Namagdo and Big Veins prospects.

Twenty four holes were drilled at the Banouassi prospect, located in the NE area of Korongou , where more than 20 gold mineralised , parallel, NE-trending shear structures have been identified in trenches, pits and previous drilling within a 1.2 km wide corridor and over a strike length of 3.3 km.

Most of the holes returned significant gold intersections and confirmed either down dip or strike extensions to shear-hosted mineralisation intercepted in previous drilling. The majority of the gold mineralised shear structures intersected in the drilling remain open at depth and along strike.

The best new gold intersections were obtained in the Western Zone which has been the focus of past artisanal mining and small scale mining in a series of pits conducted by the previous explorer, Epsilon Gold Mines, since 1996. Epsilon’s two largest open pits (the MCA and MCB pits) lie at the SW end of the zone and provided the majority of the 20 000 oz of gold that was produced by Epsilon.

“The RC drilling at Korongou has confirmed multiple parallel zones of significant mineralisation over extensive strike lengths,” said Golden Rim MD Craig Mackay.

“We now believe the mineralisation identified in the Western and Central zones at the Banouassi Prospect display sufficient continuity for Golden Rim to carry out a resource definition drilling program following the rainy season.

“Several new zones of high grade gold mineralisation have also been discovered , such as 4m at 9.2 g/t gold in hole NKRC005 . This mineralisation provides further potential upside and we look forward to a follow up drilling program,” said Mackay.

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