ENP Newswire -
Release date- 27052014 -
In addition, the final results from the rock chip sampling program at Korongou have been received with further high grade gold assays obtained.
As announced on
The auger program consists of approximately 3,000m of drilling on a 200m x 25m pattern. Two rigs are currently in operation, with each rig completing approximately 30 holes per day. Korongou has little outcrop and is predominantly covered with shallow laterite and soil.
Mapping completed by Golden Rim to date has focused on areas that have been opened up by artisanal workings. Auger drilling will provide Golden Rim with systematic geochemical coverage beneath the laterite and soil cover. Analysis of aeromagnetic images has shown that there are many interesting structures that are potentially gold-bearing, beneath the cover.
The RC program includes 31 holes for a total of 4,180m. The program is designed to follow-up targets identified from the previous drilling program conducted by Golden Rim. It will also test new areas of artisanal mining where significant rock chips have been returned. Drilling is currently being conducted night and day in two shifts and has been progressing well, with only one night shift delayed due to rain. To date, 16 RC holes have been completed. It is anticipated that there may be an early start to the wet season this year.
Rock Chip Results
In addition to the previously announced results, further high grade gold assays have been obtained from the rock chip program. An additional 57 rock chip samples have been received from the Namagdo and Banouassi prospects. The best new rock chip results include: 122.3 g/t gold, 31.5 g/t gold, 30.1 g/t gold and 19.6 g/t gold.
Samples were taken from in situ outcrop and artisanal workings. Samples were also collected during detailed structural mapping of several open pits recently extended by
Results obtained from quartz veining exposed in the Epsilon pits are particularly encouraging. The rock chip result of 122.3 g/t gold has been obtained from a major NE-trending shear structure being exploited by Epsilon in one pit. Rock chip results up to 7.4 g/t gold were obtained from NS trending tension-gash/stock work veining exposed in the wall of another pit.
Several styles of gold mineralization have been recognised at Korongou. At Banouassi and Namagdo the gold mineralization is associated with quartz veining and with silica-carbonate hematite-pyrite-altered and sheared andesite. At Big Veins the gold mineralization is more disseminated and is generally not related to quartz veining. Rather, it seems to be hosted in sheared and interbedded iron-rich volcaniclastics which have been subjected to silica +/ carbonate alteration.
To date, Golden Rim has collected a total of 288 rock chip samples from across Korongou. There are also historical records for an additional 367 rock chip samples. The highest values (313 g/t, 141 g/t and 122.3 g/t gold) were obtained from quartz veining at Banouassi and Namagdo. The disseminated style of gold mineralization at Big Veins is generally lower in grade, with best results including 22.3 g/t, 9.7 g/t and 5.3 g/t gold.
Golden Rim's Managing Director,
Tel: +61 8 9481 5758
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