Golden Rim Resources

Primary ticker: ASX:GMR
Stage of development: Exploration, Development
Commodity: Gold
Project to promote: Kouri Gold Project

Live financials

West African gold explorer, Golden Rim Resources Limited (ASX: GMR), is focused on the discovery and development of gold projects in West Africa. With a decade of experience working in Burkina Faso, the Company is well placed to turn discoveries into real value for shareholders. The Kouri Gold Project, located in north-east Burkina Faso, contains over 1.4Moz in defined Mineral Resources, with significant upside potential to grow. Recent high-grade intercepts at Kouri include 7m at 121.2g/t gold from 41m, including 1m at 783.8g/t gold.

Management Profile

Craig Mackay, Managing Director

Craig is a geologist with over 30 years of experience in the resource sector in Australia, Asia, Africa and North and South America. He holds Bachelor of Applied Science – Applied Geology, Bachelor of Science (Honours) and Master of Science degrees. He is a Member of the Australasian Institute of Mining and Metallurgy and the Australian Institute of Company Directors. Mr Mackay has held positions with a number of major resource companies, including Shell, Acacia Resources and AngloGold. Mr Mackay has been a director of Golden Rim since 8 October 2004 and Managing Director since 19 February 2007.

What is your rationale for attending 121 Mining Investment?

Cornerstone Investor as the Company’s flagship project moves toward feasibility

What recent news would you like to highlight to investors attending?

02/09/2019 Drilling extends Gold Mineralisation Beyond Mineral Resource
28/08/2019 Second High-Grade Zone Discovered in Granite at Kouri
15/08/2019 Golden Rim to Raise $5.3 to Accelerate Drilling at Kouri
05/082019 784gt Gold Bonanza Intercept at Kouri

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Completion of RC and Diamond Drilling program

6 Months:

Scoping or prefeasibility Study

12 Months:

Feasibility Study

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Raising capital at higher share price

In a sentence, what do you think makes your company such a compelling investment?

Quality project with high-grade potential