(Ecofin Agency) - Golden Rim Resources Ltd, Australian company listed on ASX, discovered important new areas of mineralisation in basement rocks in the South of the Guitorga formation, in the Banouassi project of its Korongou gold site in Burkina Faso.

The company announced on 16 July the finding of these ore zones which were intersected during the phase 3 of its reverse circulation drilling program which covered 16 holes totalling 2112m.

The best results obtained showed gold contents of 4.5g/t on 10m from 15m including 11.2g/t and 20.4g/t, in addition to 3g/t on 8m from 82m including 15.9g/t and 0.9g/t on 19m from 5m.

Guitorga is, in the project, a location with high potential which revealed a mineralisation at shallow depth 3.5km long and on average 0.4km wide.

Golden Rim Resources owns 90% of the Korongou project. The project covers an area of 65 km2, 230 km North-East of Ouagadougou, and is presented as a key asset in the portfolio of Golden Rim which covers over 2495 km2 in Burkina Faso.