Special Report: There’s genuine excitement building around Golden Rim’s bonanza grade Diabatou prospect in Burkina Faso, where a short, maiden drilling campaign has now hit a second mineralised zone with grades up to 66 grams per tonne (g/t).

Right now, Golden Rim Resources’ (ASX:GMR) Kouri gold project in north-east Burkina Faso contains over 1.4moz at 1.4g/t in defined resources.

But this deposit actually trends next door so, to boost the resource, Golden Rim recently acquired the neighbouring ground.

The Kouri resource abuts the newly acquired permits (blue). (Supplied)

Within these new licences Golden Rim found some shallow artisanal workings, about 10km away from Kouri, where subsequent rock chip sampling turned up 8g/t gold.

These undrilled, underexplored workings at Diabatou were granite hosted; quite different from the existing Kouri resource.

“There are some really big gold deposits in West Africa hosted in granites, so we said, ‘let’s get out there and drill a few quick holes to see what’s there’,” managing director Craig Mackay told Stockhead.

In the first two holes Golden Rim hit near surface intersections like 1m at 783.8g/t gold from 44m, inside a larger 7m intercept grading 121.2g/t, at the new Diabatou­­ target.

To put that into context, anything above 5g/t is generally considered high grade.

Today, Golden Rim has announced a second high-grade zone with grades up to 66g/t, 25m northwest and parallel to the original bonanza hit.


“We have now discovered two spectacular high-grade gold zones hosted in granite, and at shallow depth, in our first drilling program at Diabatou within the recently acquired Margou permit,” Mackay says.

“To date we have only explored a small portion of the entire granite area within which Diabatou is located so these results are very exciting.”

Golden Rim believes both high-grade gold zones at Diabatou trend northeast and remain open at depth and along strike.

This area has blue sky potential

More broadly, the new permits are almost totally unexplored and Golden Rim believes there’s “extraordinary potential” for additional grassroots gold discoveries.

“We will restart exploration at Kouri in a few weeks after the rainy season,” Mackay says.

“This will include the re-commencement of the major RC and diamond drilling program and the commencement of a systematic first-pass exploration campaign in the new permit areas.”

The results for 12 holes from the Gouéli permit and high-grade Maré prospect at Kouri are still pending.

Golden Rim intends to re-commence drilling in mid-September with diamond drilling in the new high-grade gold zones at Diabatou and Maré.

A regional auger (shallow) drilling program will be used to systematically explore the entire Diabatou granite area, along with the remainder of the Margou and Goueli permit areas for the first time.


This story was developed in collaboration with Golden Rim Resources, a Stockhead advertiser at the time of publishing.
This story does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.