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Arrow Minerals Ltd.
Summary
| Project: | Strickland | |
|---|---|---|
| Deposit: | T1 | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 8/30/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-8-2018: Arrow Minerals Ltd. announces an Exploration/Drilling Update report for its T1 deposit at the Strickland project. Drilling results incl. 33m @ 0.26g/t Au from 0m. Arrow Minerals Limited (Arrow or the Company) is pleased to announce that a wide | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dean Tuck (Internal) | |
| ABSTRACT: | Arrow Minerals Limited (Arrow or the Company) is pleased to announce that a wide spaced aircore drilling programme over the majority of the T1 Prospect at the Strickland Gold Project (Project) has identified bedrock gold mineralisation along multiple major structures, ranging from 2.0km to 3.0km in strike length and open along strike to the south-west and north-east. (Figure 2). A total of 412 shallow holes were drilled for 5,254m (ave. hole depth 13m) on a 400m x 40m spacing over the T1 Prospect, within the Evanston greenstone belt, along strike from the historical Evanston Gold Mine. The aircore drilling programme has defined key mineralised structural corridors at T1a and T1b and identified prospective lithostructural features for follow up drill testing. In addition, drilling at the T1a Prospect continues to produce significant drill intercepts with aircore hole BARAC0945 intersecting 33m @ 0.3g/t from 0m, including 3m @ 0.9g/t from 27m. This intercept is immediately along strike from BARAC0136 which last year intersected 15m @ 1.5g/t including 3m @ 6.7g/t from 12m depth1 (Figure 3). Both of these holes intersected a highly prospective structural corridor leading into an interpreted recumbently folded banded iron-ultramafic package which is analogous to the Copperhead gold deposit in the Southern Cross Belt which had historical gold production of over 1 million ounces. | |
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