The Kada Gold Project (Kada) comprises two exploration permits (Kada and Bamfele) and covers an area of 200km2 in eastern Guinea. It is located in the central Siguiri Basin and lies 36km along strike from (to the south of) the 10Moz Siguiri Gold Mine operated by AngloGold Ashanti.
Kada is an advanced gold project, having previously been explored by Newmont (2007 - 2012). Golden Rim holds a 51% interest and can earn up to 75% interest.
Golden Rim delivered a maiden JORC Mineral Resource for Kada in March 2022: Inferred Mineral Resource of 25.5Mt at 1.1g/t gold for 930,000oz, including oxide-transition material of 17.7Mt at 1.2g/t gold for 670,000oz.
There is considerable exploration upside at Kada with a delineated 15km Kada Gold Corridor to be explored in more depth in the coming year. The Mineral Resource currently covers only 1km of this Corridor.
Kada Project gold in soil geochemistry