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HomeFinTechGolden Rim Resources: Launches phase two drilling at Kada

Golden Rim Resources: Launches phase two drilling at Kada

Golden Rim Resources Launches phase two drilling at Kada

  • Golden Rim Resources (GMR) begins the second phase of resource definition drilling at the Kada gold project in Guinea
  • The reverse circulation (RC) drilling program will include 6500 metres which is more than originally expected
  • This round of drilling will target the Newmont gold resource area for oxide gold mineralisation as well as test bedrock gold anomalies
  • Golden RimResources will use the results to complete a the mineral resource estimate which is expected to be delivered in January next year
  • Company shares are up 25 per cent to trade at 0.8 cents
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