Emerging West African gold developer, Golden Rim Resources, has just released news of a new gold discovery at Red Hill, which is located approximately 4.5km from their Kouri Gold Project in Burkina Faso (West Africa).
Broad zones of significant gold mineralisation was discovered at Red Hill, approximately 4.5 km south west of the mineral resource at Kouri. Both of the drill holes completed at Red Hill returned gold intercepts that include:
- 11m at 2.2g/t gold from 77m, including 2m at 7.7g/t gold, and 1m at 6g/t gold from 114m in NKRC030;
- 16m at 1.8 g/t gold from 29m and 10m at 2g/t gold from 52m in NKRC031.
The discovery holes were designed to test coincident gold-in-auger, Induced Polarisation (IP) chargeability and magnetic anomalies. Red Hill also lies within a 3km long IP chargeability high anomaly, and it has been noted by Golden Rim Resources that there are ‘many similar’ IP chargeability anomalies at Kouri that remain unexplored to date.
“We are very excited to have made a new gold discovery with our first follow-up RC drilling of coincident gold-in-auger anomalies and IP chargeability high anomalies to the southwest of the Kouri Mineral Resource,” announced Golden Rim’s Managing Director, Craig Mackay yesterday.
Ausdrill Limited are also expected to remobilise to Kouri in approximately one week, with plans to follow-up reverse circulation (RC) drilling at Red Hill.
“The two RC holes drilled so far intersected broad zones of significant gold mineralisation that remain open at depth and along strike,” explained Mr Mackay, while saying that the company looks forward to further systematically exploring these target areas.