Proactive Investors - Run By Investors For Investors

Arrow Minerals appoints new chairman

The company is focused on the Strickland Gold Project and Plumridge Nickel Project.
Map showing project location in WA
Final assays from drilling at Strickland's T6 Prospect are pending

Arrow Minerals Ltd (ASX:AMD) has elevated director Dr Frazer Tabeart to the position of non-executive chairman.

Dr Tabeart has a been a director of the company since 2014 and has extensive experience in international exploration and mining projects.

The appointment follows a busy December quarter of exploration at the 100% owned Strickland Gold Project and 49% owned Plumridge Nickel Project in Western Australia.

Arrow remains in a strong financial position with cash, receivables and investments in listed companies totalling $3.4 million at the end of the December quarter.

READ: Arrow Minerals confirms nickel-copper potential of the Plumridge Nickel Project

During the December quarter, a 4,000-metre drilling program was completed at the T6 Prospect within the Strickland Project and high-priority targets were identified at the Plumridge Project.

While the majority of Strickland’s T6 drill results have been received, a portion remains pending from the T2d prospect.

At Plumridge, three high-priority electromagnetic (EM) targets are planned to be drilled in the June quarter of this year with partner Independence Group NL (ASX:IGO).

View full AMD profile View Profile

Arrow Minerals Ltd Timeline

Newswire
February 01 2019

Related Articles

Speewah project in WA
January 25 2019
The company hopes to update its scoping study this quarter and produce a PFS by July.
Gold
March 07 2019
With operations in Honduras back on track and costs coming down, Wishbone's margins are set to rise.
Piedmont's Carolina location map, showing nearby mines and lithium processing facilities
April 23 2019
Piedmont Lithium is a large landholder in North Carolina pursuing regulatory approvals for its Piedmont US-lithium project.

© 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