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Capital Drilling Plc

Golden Rim commences major drilling program at Kouri

Emerging West African gold developer, Golden Rim Resources Ltd (ASX: GMR) has announced a 17,000m reverse circulation drilling and a 4,000m diamond drilling program has commenced at its 100% owned Kouri Gold Project in Burkina Faso.

The drilling is being conducted by Capital Drilling Limited using a multi-purpose rig. Holes range in depth from 80m – 200m (average depth 120m). It’s expected that the bulk of the RC drilling will be conducted over the next few months, followed by the diamond drilling during the rainy season (July to August 2019), allowing for drilling to continue unabated.

Capital Drilling (LON:CAPD) provides specialised drilling services to mineral exploration and mining companies in emerging and developing markets, for exploration, development and production stage projects. The Company currently owns and operates a fleet of 91 drilling rigs with established operations in Botswana, Côte d’Ivoire, Egypt, Ghana, Kenya, Mali, Mauritania and Tanzania. The Group’s corporate headquarters are in Mauritius.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.