South Pacific-focused resource group Alcaston Mining NL has changed its name to Golden Rim Resources Ltd.

The company has undertaken a major new drilling program at its Sabeto Gold Project in Fiji and appointed a new exploration manager to head up its expanded exploration activities.

A drill rig is now stationed onsite at the Sabeto Project, located about 25km north-east of Fiji "s capital Nadi, working on a 3000 metre drilling program.

Golden Rim is earning a 75% interest in the Sabeto Project, which is also located 25km from the 10 million ounce Mincor Resources Vatukoula gold deposit.

The company anticipates excellent all-weather gravel road access to the key Sabeto target areas, which will ensure that the drilling program can continue through the wet season.

The program, designed to test direct strike extensions to the 450,000-ounce Tuvatu epithermal gold deposit and to identify potential bulk-tonnage copper-gold targets, is expected to take approximately three months to complete. Drilling will be conducted 24 hours a day, 6 days a week.

The name change to Golden Rim Resources Ltd reflects the company's focus on exploration in the prolific Pacific Rim region. This region hosts several major world-class gold and copper-gold projects, in addition to Vatukoula, Lihir and Porgera.

To spearhead its expanded exploration push, Golden Rim has announced the appointment of Peter Olubas to the newly created role of exploration manager, as itsprepares for major new exploration programs at all three of its gold projects in Fiji and Vanuatu .

Peter Olubas is a geologist with 17 years' professional experience, most recently as exploration manager with Emperor Gold Mining Company. He has been based with Emperor in Fiji for the past nine years and has significant experience in both the exploration and mining of narrow epithermal vein gold mineralisation.

Exploration director Craig Mackay says the recent coup in Fiji has not impacted on its substantial plans for this project, for which staffing and camp facilities have been finalised.

Golden Rim is also planning major exploration programs at two substantial joint venture gold projects, Webe Creek and Tafuse, in Vanuatu , during 2007, following a recent rights issue which raised $1.68 million through the issue of 21.1 million shares at 8c per share.

The company is earning an 81.25% interest in Webe Creek from Mincor and Rim Fire, and 75% in Tafuse, from Mincor, through targeted drilling in a region recognised for its potential to host large gold and base metals deposits such as the 40 million-ounce Lihir and 22 million-ounce Porgera deposits.

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