Emerging gold exploration company Golden Rim Resources has received good results from its reverse circulation (RC) drilling programme conducted at its Kouri gold project in Burkina Faso
The RC drilling comprises 23 holes. Golden Rim said in a statement that a number of significant new gold intercepts were obtained from a footwall shear, which lies adjacent to the mineral resource.
The recent structural study competed by SRK Consulting (SRK) at Kouri interpreted the main cross-cutting east-west magnetic linear anomaly in the mineral resource area as a footwall shear. The study further indicates that this footwall shear may be the main fluid transfer pathway that mobilised mineralising fluids into the mineral resource area.
The footwall shear is associated with a magnetic high anomaly that extends for at least 5km within the Kouri licence. To date, only limited drilling has been conducted along the footwall shear and Golden Rim is now planning a systematic drilling programme to test the anomaly to the east and west of the high-grade intercepts. In addiiton, there are a number of additional similarly oriented shear zones throughout the Kouri project area that offer attractive future exploration targets.
The new high-grade gold mineralisation lies in a river channel under alluvial sediment cover. The river channel is dry for most of the year and trenching is to commence shortly to confirm the orientation of the mineralisation prior to further drilling.