Golden Rim looks ahead to Kada MRE update

–News Direct–

Golden Rim Resources Ltd (ASX:GMR, OTC:GMRMF) MD Tim Strong speaks with Proactive after the company completed resource expansion diamond drilling at its flagship Kada Gold Project in Guinea. There were 23 holes for 4,192.5 metres drilled across the Massan and Bereko prospects.

The West African gold explorer has outlined a maiden inferred mineral resource of 25.5 million tonnes at 1.1 g/t gold for 930,000 ounces at Kada, 72% of which is shallow oxide-transitional gold mineralisation, and now aims to build on this.

Strong said: We are delighted to have completed a productive field season, with RC, aircore and diamond drilling undertaken, as well as a major trenching campaign at Kada.

We have gained critical insights into the nature and orientation of mineralisation that we are currently using to update our geologic modelling in preparation for a major MRE update, including a maiden MRE at Bereko, on track for delivery during H2 CY2023.

We are eager to incorporate this seasons new results into an updated MRE and are confident of delivering significant growth in our MRE.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/golden-rim-looks-ahead-to-kada-mre-update-730131839

Golden Rim Resources Ltd

COMTEX_437438137/2655/2023-07-27T10:44:16