Massan returns further broad oxide gold intercepts incl. 57m @ 1.1 g/t gold from surface

Golden Rim’s Managing Director, Tim Strong, commented: “After extensive field mapping and trenching indicated more gold mineralisation within and around the Mineral Resource area, we opted to drill these additional 14 RC holes at Massan, aimed at either confirming new structures noted during the trenching or obtaining additional information in areas of poorer data density.

“RC drilling at Massan and Bereko has been a great success, with every hole intercepting significant gold mineralisation, including several high-grade intercepts. Excitingly, we have intercepted broad zones of gold mineralisation in multiple drilling orientations, bolstering our working understanding of the geologic controls on mineralisation. We will use this new data, along with the valuable information from our ongoing DD drilling program, to deliver a MRE update later in 2023.”

Kada Exploration Drilling

Golden Rim commenced a 10,000m RC drilling program at Kada in mid-December 2022. The program comprised of exploration drilling at the Bereko Prospect and north of the MRE area within the Massan Prospect, as well as some resource extension and infill drilling around the margins of the MRE. In addition, a 3,500m DD program testing open mineralisation and providing structural information commenced in March 2023, and a 3,000m air core drilling program targeting new discoveries is now complete, with final assay results announced on 11 May 2023

Drill hole collar details are provided in Table 1 and the hole locations are depicted on Figure 1. All significant new gold intersections (≥3m x g/t gold) are presented in Table 2.

Further Information is attached