Proactive Investors - Run By Investors For Investors

Arrow Minerals’ drilling confirms high-grade gold at the Strickland project

The company has identified mineralised intrusions and splays off the main fault which will be the focus of future drill programs.
Results from the remaining 88 holes expected in the next 4-6 weeks

Arrow Minerals Ltd (ASX:AMD) has received positive results from shallow fence line drilling at the Strickland Gold Project in the Yilgarn Craton of Western Australia.

Results from the first 85 holes drilled along a 3.2 kilometre interpreted mineralised corridor at the T6 Prospect has returned significant gold intersections including:

• 16 metres at 1.9 g/t gold from surface including 4 metres at 8.5 g/t gold from surface;
• 9 metres at 2.6 g/t gold from 23 metres, including 3 metres at 7.1 g/t gold from 26 metres; and
• 3 metres at 1.6 g/t gold from 38 metres.

T6 Camp with mineralised corridor and drill collar locations

Drilling at T6 was designed to test a number of gold targets defined by detailed soil sampling, previous wide spaced aircore drilling and litho-structural mapping.

A total of 173 holes have been drilled for 8,500 metres, with results from the remaining 88 holes expected in the next 4-6 weeks.

READ: Arrow Minerals hones in on new targets at Malinda

Arrow managing director Steven Michael said: “The fence line drilling at T6c has successfully intersected high-grade, near-surface gold mineralisation along two sections of the 3.2 kilometres mineralised corridor.

“Importantly, we have identified mineralised intrusions and splays off the main fault which will be the focus of future drill programs here.

“Over 8,500 metres of fence line drilling has now been completed at T6, including three additional fence lines along the T6c mineralised corridor.

“We expect to announce the results of this drilling before the end of the year.”

T2 Prospect

Arrow has commenced drilling at the T2d Prospect, which is defined by a 3-kilometre long gold-in-soil anomaly directly overlying a sheared granite adjacent to the edge of the South Elvire Greenstone belt.

Drilling is expected to take 3-4 weeks to complete with final results by the end of January 2019.

Ground IP Survey

An IP (induced polarisation) crew has recently arrived on site and is conducting IP surveys over T2b and T1a to define drill targets for deeper drill testing in the first half of 2019.

View full AMD profile View Profile

Arrow Minerals Ltd Timeline

February 01 2019

Related Articles

Etango project in Namibia
January 30 2019
Managing director Brandon Munro has outlined expected positive drivers for the sector in 2019.
Sconi project map showing proximity to Townsville port
March 08 2019
SK Innovation is likely to take all the battery-grade cobalt sulphate and nickel sulphate produced from Sconi.
November 22 2018
A JORC resource is expected early next year, after which Galileo will apply for a mining licence

© Proactive Investors 2019

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