Sign up Australia
Proactive Investors - Run By Investors For Investors

Arrow Minerals receives drill results at Pardoo joint venture

Drilling is looking for concentrations of nickel-copper-cobalt sulphides.
RC drill rig
Elsewhere the company is expecting assays from aircore drilling for gold

Arrow Minerals Ltd (ASX:AMD) has received drill results from the Pardoo Project in the Pilbara region of Western Australia in which it has a 20% interest with Caeneus Minerals Ltd (ASX:CAD).

The 10-hole reverse circulation program completed in November of 2017 was targeting the source of nickel-copper-cobalt sulphides found in the Highway deposit.

Results included 4 metres at 0.24% nickel from 108 metres and 4 metres at 0.24% nickel and 0.018% cobalt from 128 metres.

Results suggest further mineralised structures in the area

Drill results suggest further nickel-copper-cobalt mineralised mafic intrusives are in the area of the Highway deposit.

Caeneus plans to continue testing this region to identify locations where sulphides may have been concentrated using a combination of geophysical techniques and drilling.

The Pardoo project is located in a similar geological setting to that which hosts other significant Pilbara based nickel-copper occurrences such as Radio Hill and Sherlock Bay.

READ: Arrow Minerals may have notched up another bullseye at Strickland

Arrow is currently undertaking a major aircore drilling program at the Strickland Gold Project in Western Australia covering the T8, T6, T2 and T1 prospects.

Drilling at the T8 prospect has been completed on a 400x80 metre basis over the entire 2.4-kilometre gold-in-soil anomaly.

All of the drill samples have been delivered to the assay laboratory in Perth and results from T8 are expected to be received shortly.

The major aircore program is estimated to comprise 26,000 metres of drilling.

View full AMD profile View Profile

Arrow Minerals Ltd Timeline

Related Articles

coffee beans
April 26 2018
The company’s focus is the Arapua fertiliser project, located about 400km south-east of Brasilia in the State of Minas Gerais, a major agro-industrial centre.
July 04 2018
The company’s goal is to be a leader in the battery metals sector, with cleaner cobalt in Australia
St George drills up nickel
October 08 2018
The company is addressing UK investors this week and Australian nickel market players later this month.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use