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Arrow Minerals Ltd.

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Summary

Project:

Strickland

Deposit:T2
Location:Australia
Commodities:Gold
Date:7/12/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:12-7-2018: Arrow Minerals Ltd. announces an Exploration/Drilling Update report for its T2 deposit at the Strickland project. Drilling results incl. 46m @ 0.13g/t Au from 32m. Arrow Minerals Limited (Arrow or the Company) is pleased to announce that the ma
Resources:x
CP/QP:[Overall Report]: Dean Tuck (Internal)
ABSTRACT:Arrow Minerals Limited (Arrow or the Company) is pleased to announce that the maiden aircore drilling programme over the T2 Prospect at the Strickland Gold Project (Project) has identified bedrock gold mineralisation in multiple adjacent drill lines across three bedrock anomalies, ranging from 1.0km to 3.5km in strike length (Figure 2). A total of 213 holes were drilled for 3,539m (average hole depth 17m) on a nominal 400m x 80m spacing over the majority of the western side of the South Elvire Greenstone Belt. A substantial amount of transported cover was encountered at T2, resulting in broad geochemical anomalies at T2a and T2b. The aircore drilling programme has defined discrete bedrock targets at T2a and T2b and identified key geological structures. In addition, drilling at the T2c Prospect, where soil sampling was ineffective due to transported cover, produced 41m @ 0.2g/t from 32m to 72m, including 3m @ 0.9g/t from 50m (BARAC0843). Commenting on the aircore drilling programme completed at the Strickland Gold Project, Arrow’s Managing Director, Mr Steven Michael, said: “The first-pass aircore drilling programme at the T8, T6 and T2 Prospects has identified six bedrock gold anomalies, ranging in length from 1.0km to 3.5km, with results from drilling at T1 expected in August. Several of the bedrock anomalies remain open along strike. In addition to confirming bedrock gold mineralisation, the drill programme has intersected key geological structures which are believed to control mineralisation at a local (prospect) scale and regional (project) scale. This greater geological understanding will contribute greatly to the next phase of drilling, which will commence in 3Q 2018.”

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