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Company News
Is Guinea the next frontier to be hit by the West African gold rush?
As the spotlight shines on West Africa as a gold exploration destination, one country in the region is becoming increasingly popular with explorers and investors alike – Guinea-Conakry. The West African country is about 246,000 square kilometres and hugs the Atlantic coast. At its northern end, it shares borders with Mali, Senegal and Guinea-Bissau. Its […]
Golden Rim Resources reaches 2 million-ounce gold resource in Burkina Faso
Long-time West Africa gold explorer Golden Rim Resources (ASX: GMR) has hit a key milestone, reporting it has increased its mineral resource at the Kouri gold project in Burkina Faso by 43% to a contained gold total of 2 million ounces. This is based on a global indicated and inferred resource of 50 million tonnes at an […]
Golden Rim Resources signs agreement to acquire 75% interest in Kada gold project
West Africa-focused exploration company Golden Rim Resources (ASX: GMR) is set to acquire up to a 75% interest in the Kada gold project in Guinea after signing a binding agreement with sole owner Vetro Gold SARL and its Turkish shareholder Elta Madencilik Ticaret Anonim STI. The agreement includes a four-month exclusivity period which will allow […]
Golden Rim speeds up exploration at Kouri with visible gold found in first diamond drill hole
Exploration has accelerated at Golden Rim Resources’ (ASX: GMR) Kouri gold project in Burkina Faso with visible gold intersected in the first drill hole at the Diabatou prospect. Initial assays from the re-started drilling program are expected in three weeks and will confirm the thickness and grade of the observed gold mineralisation. A 21,000m reverse […]
Golden Rim Resources unearths bonanza gold at Kouri
West Africa-focused Golden Rim Resources (ASX: GMR) has recovered bonanza gold grades of up to 784 grams per tonne of gold from a major drilling campaign at its Kouri gold project in Burkina Faso. To date, the gold explorer has completed 7,827m (62 holes) of a planned 17,000m reverse circulation drilling and 4,000m diamond drilling […]
Golden Rim boosts Kouri project after completion of Lafi Gold acquisition
Golden Rim Resources (ASX: GMR) has completed the acquisition of Lafi Gold and its assets – effectively quadrupling its Kouri gold tenement holding in west Africa. Acquiring Lafi Gold gives Golden Rim ownership of the Margou and Goueli permits, which adjoin Golden Rim’s Kouri asset in Burkina Faso. The Kouri gold project area has expanded […]
Golden Rim hits mineralised zone next to Kouri gold resource
Emerging West African gold explorer Golden Rim Resources (ASX: GMR) has intercepted gold mineralisation in a newly-identified footwall shear adjacent to the existing resource within its wholly-owned Kouri project in Burkina Faso. The high-grade, shallow intercepts were made during a 23-hole reverse circulation drilling program conducted in the Kouri area, over a main cross-cutting, east-west […]
Golden Rim Resources boosts Kouri gold mineral resource by 40%, continues regional exploration
Golden Rim Resources (ASX: GMR) has delivered a 40% increase to the contained gold estimate at its flagship Kouri gold project in north-east Burkina Faso after adding 400,000 ounces of shallow gold mineralisation to the project’s maiden resource. The upgraded indicated and inferred resource now sits at 32 million tonnes grading 1.4 grams per tonne […]
Golden Rim aims to boost 1Moz gold maiden mineral resource
West Africa explorer Golden Rim Resources (ASX: GMR) has confirmed its plans for its Kouri gold project in Burkina Faso includes continuing exploration efforts to expand the lower grade one million ounce maiden gold resource over the next year and target high-grade, shallow gold mineralisation. The company said today it was testing extra targets in […]
Golden Rim Resources debuts 1Moz maiden gold resource
Golden Rim Resources (ASX: GMR) has debuted a maiden mineral resource of 1 million ounces of contained gold for its Kouri gold project in Burkina Faso. Overall, the maiden indicated and inferred resource comprised 20.8 million tonnes at 1.5 grams per tonne gold at a cut-off grade of 0.5g/t gold. The relatively lower grade gold […]