logo-loader
Arrow Minerals Ltd

Arrow Minerals commences maiden drilling at Helsinki target

The Helsinki prospect is formerly known as T11 and is the highest priority undrilled target.

aircore drill rig
Assay results are expected by the end of May 2019

Arrow Minerals Ltd (ASX:AMD) has commenced drilling at the Helsinki prospect within its 100% owned Strickland Gold Project in the Yilgarn Craton of Western Australia.

The 3,000-metre aircore drilling program will test several coincident gold-in-soil, aeromagnetic and gravity anomalies.

Drilling is expected to be completed within two weeks, with assay results expected by the end of May.

READ: Arrow Minerals intersects further gold at Strickland project in Western Australia

Arrow carried out detailed pre-drilling exploration Strickland in 2018 including soil sampling, magnetic surveys, gravity surveys and mapping.

A strategic review of this data has highlighted the Helsinki prospect as the highest priority target yet to be drilled.

Specifically, the gravity survey has identified a 5 kilometre-long intrusion, with a large, coherent gold-in-soil anomaly along the intrusion boundaries.

As per below, the aircore drilling program will consist of seven regional traverses for 50-60 holes.

The program is designed to identify the position of potentially mineralised structures for follow up drill testing in the June quarter of 2019.

Helsinki Prospect with planned drill hole locations

Quick facts: Arrow Minerals Ltd

Price: $0.01

Market: ASX
Market Cap: $4.83 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Arrow Minerals Ltd named herein, including the promotion by the Company of Arrow Minerals Ltd in any Content on the Site, the Company receives...

FOR OUR FULL DISCLAIMER CLICK HERE

2 min read