The explorer said the hit was the best recorded to date and was "predominantly" outside the "current grade-shell model" at the former Newmont owned prospect.

A non-JORC compliant resource previously estimated by Newmont, though as per ASX regulations, Golden Rim has not - so far as MNN can see - publicly divulged the number. 

A JORC-compliant resource is due at the end of next month.

"The new results will add significant ounces and boost the gold grade in the maiden mineral resource estimate which remains on track for delivery in late January," Golden Rim said today.

"The drilling further confirms the continuity of a deep (in excess of 100m) oxide gold blanket, in the centre of the gold resource area, that is more than 650m wide."

Other holes have been drilled 80m south of the standout result, with assays "eagerly awaited".

Metallurgical testwork results are expected in March.

Golden Rim farmed into the project last year.

A A$6 million fund raising in September priced shares (on a post consolidation basis) at 9c each.

Shares in Golden Rim were up 13% to 13c in late trade, capitalising the company at $32 million.