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Arrow Minerals Ltd.
Summary
| Project: | Divole East | |
|---|---|---|
| Deposit: | Divole East | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 9/17/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-9-2019: Arrow Minerals Ltd. announces an Exploration/Drilling Update report for its Divole East deposit at the Divole East project. Drilling results incl. 17m @ 1.2g/t Au from 41m. Arrow Minerals Limited (Arrow or the Company) is pleased to report that | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Howard Golden (Internal) | |
| ABSTRACT: | Arrow Minerals Limited (Arrow or the Company) is pleased to report that assay results from the first reverse circulation (RC) drilling at the Divole East project (Figure 1) in Burkina Faso confirm the extension of known and interpreted gold-bearing structures. The 24 hole RC drilling programme (total 2,385m, average 99m) intersected gold mineralisation at each of the three targets tested. Arrow’s Chief Executive Officer, Mr Howard Golden, said: “Three distinct types of mineralisation were interpreted by the Arrow technical team at Divole East. All three gold-bearing structures were confirmed in widely spaced drilling, and all three yielded gold values that warrant aggressive follow-up programmes. Nine of the holes returned over 2g/t Au, with the best hole, DERC19002, intersecting 2m @ 4.8g/t Au. In addition, drilling at Divole Main has significantly extended the mineralised porphyry discovered by diamond drilling in 2017, which intersected up to 9.9m @ 4.3g/t Au. The porphyry remains open in all directions and Arrow has applied for a licence extension covering the western extension of the gold-bearing porphyry. When the drilling season in Burkina Faso returns in 4Q 2019 we will be looking to increase the area of continuous gold mineralisation in all three Divole East target areas. We will also expand our exploration efforts to our other Burkina Faso licenses, commencing with an RC drill programme at Divole West.” | |
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