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Golden Rim starts BFS on Balogo

14th August 2013

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) – Junior Golden Rim Resources has launched an environmental-impact assessment (EIA) as part of its bankable feasibility study (BFS) at the Balogo gold project, in Burkina Faso.

The EIA would be completed by the end of June next year, and was the longest timeline component of the BFS.

Golden Rim told shareholders that other components of the BFS would start in late September, to assess the economic viability of installing a 30 t/h gravity and carbon-in-leach plant to exploit the resources at the Netiana deposit.

The company had previously outlined a high-grade inferred resource of 850 000 t at 6.8 g/t gold, for 185 000 oz of gold at the Netiana lodes. A scoping study on the deposit has also been completed, which indicated that the resource could support a robust, high margin, low capital cost, openpit mine.

Golden Rim would now look to complete an infill drilling programme at Netiana to upgrade the gold resource, and some of the drill holes would also be used for geotechnical, metallurgical and hydrological purposes.

Edited by Creamer Media Reporter

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