Burkina Faso, West Africa

Burkina Faso - An Emerging World-Class Gold Province

Burkina Faso is the fasted growing gold mining region in Africa, with 10 mines built in the past 12 years.

Golden Rim Resources has two projects in Burkina Faso for a total landholding of 477km2. The two projects are at different stages of exploration and development.

KOURI

  • Indicated and Inferred Mineral Resource of 32 million tonnes at 1.4g/t gold (at a cut-off grade of 0.3g/t gold) for 1.4 million ounces of contained gold 
  • Approximately 14% of the Mineral Resource is Indicated
  • Mineral Resource extends for 3.2km (from surface to approximately 115m below depth)
  • Mineral Resource is comprised of multiple parallel gold lodes (ranging in thickness from 2 to 10m)
  • Mineral resource remains open along strike and at depth
  • Gold occurs as free gold in fractures or associated with quartz-pyrite veining
  • Preliminary metallurgical test work positive - >95.5% recovery with standard gravity + cyanidation
  • Exploration upside - new gold discoveries at Red Hill, Maré and Diabatou
  • Acquisition of adjoining Goueli and Margou licences has increased the project to 325km2

 

BABONGA

  • Major gold in soil anomaly
  • Air core drilling program in January 2017 defined bedrock gold mineralisation over an area of 1km x 200m
  • Peak values include: 7m at 1.6g/t gold; 2m at 3.1g/t gold; 6m at 1.1g/t gold; and 2m at 3.0g/t gold

Burkina Faso

Golden Rim Resources project locations and gold mines and major deposits of Burkina Faso

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