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Arrow Minerals Ltd

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).

Quick facts: Arrow Minerals Ltd

Price: $0.01

Market: ASX
Market Cap: $4.83 m
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