Tafuse Gold Project, Vanuatu
(Golden Rim 75%, Mincor Resources NL 25%)
The Tafuse Licence adjoins Webe Creek to the north. Five (5) gold targets have been identified, comprising epithermal alteration zones with gold mineralisation on surface. The most advanced prospect at Tafuse North consists of a series of explosive breccia bodies aligned over 700 m along an elongated northwest trending zone with a coincident gold (generally greater than 0.5 g/t), arsenic, copper, lead and zinc soil anomaly. Exotic siliceous clasts in the breccia have assayed up to 10 g/t gold and 860 g/t silver.
No exploration was conducted during the period with Golden Rim’s resources in Vanuatu committed to the drilling at Webe Creek. Exploration on several prospects at Tafuse with high-grade gold and base metal mineralization is planned for next year.