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Golden Rim Resources: Releases maiden MRE for Kada

Golden Rim Resources Releases maiden MRE for Kada

  • West African gold explorer Golden Rim Resources (GMR) releases a maiden mineral resource estimate (MRE) for its Kada Project in Guinea
  • The MRE reads 25.5 million tonnes at 1.1g/t gold for 930,000 ounces of contained gold and is in the inferred category
  • The MRE was based on results from 23 diamond holes and 80 reverse circulation holes drilled by Golden Rim and previous owner Newmont between 2009 and January 2022
  • A 10,000-metre drill program is set to begin in March or April to target high-grade depth extensions in the MRE area
  • Shares in Golden Rim are down 5.71 per cent on the market and are trading at 9.9 cents
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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