Golden Rim starts Burkina Faso scoping study
PERTH (miningweekly.com) - ASX-listed junior Golden Rim Resources has launched a scoping study on its gold tenements in Burkina Faso.
The company said in a statement that it was confident the high-grade Netiana deposit, at Balogo, could be developed as a compact, low-capital cost, low-cost, and high-margin openpit operation.
“Our drilling indicates the Netiana gold deposit is of significant size, near surface and of a high grade,” said Golden Rim MD Craig Mackay.
“We believe the scoping study will demonstrate the strong credentials of Netiana to provide a favourable and low-risk investment opportunity for Golden Rim. The project should clearly differentiate Golden Rim from peer companies with large, low-grade, capex-intensive gold projects elsewhere in West Africa.”
Work on the scoping study had started and would likely be completed by the end of February this year. The study would include sufficient detail to allow Golden Rim to directly proceed to a definitive feasibility study (DFS), should the results confirm the viability of the project.
The DFS could be completed within four months.
Golden Rim said on Monday that its decision to fast-track the development of the Balogo project could see first gold production being achieved towards the end of 2014, subject to permitting.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation















