GMRs Kada project sees over 40% of oxide gold now indicated, boosting confidence

Golden Rim Resources Ltd (ASX: GMR) announces updated Kada Gold Project's Mineral Resource Estimate. Covering 150km², Kada is situated in the Sigiuri Basin in eastern Guinea, 35km south of AngloGold Ashanti's +10Moz Siguiri Mine Complex.

The revised MRE includes a maiden resource for the Bereko prospect and an update for the Massan prospect. Further drilling at Massan has improved structural understanding, leading to a significant portion of the resource being upgraded to Indicated material. Key features of the updated MRE at Kada include a substantial portion of Massan now categorized as Indicated, with shallow oxide-transitional gold forming the majority of the resource. Positive mining characteristics and favourable metallurgical recoveries highlight the project's potential.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com