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Arrow Minerals Ltd.
Summary
| Project: | Barlee | |
|---|---|---|
| Deposit: | T8, T11 | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/11/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-12-2017: Arrow Minerals Ltd. announces an Exploration/Drilling Update report for its T8, T11 deposit at the Barlee project. Drilling results incl. 27m @ 0.64g/t Au from 9m. Arrow Minerals Limited (formerly Segue Resources Limited) (Arrow Minerals or th | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dean Tuck (Not stated) | |
| ABSTRACT: | Arrow Minerals Limited (formerly Segue Resources Limited) (Arrow Minerals or the Company) is pleased to provide results from the maiden drilling programme at the T8 and T11 prospects at the Barlee Gold Project, 100km west of Menzies in Western Australia (Figure 1). The drill programme consisted of aircore and RC drilling over the T8 and T11 prospects and was the first gold drilling ever undertaken at these prospects. Arrow Minerals completed 13 RC holes (1,518m) at T8 as well as 10 aircore holes (717m) and 2 RC holes (252m) at T11. The drill programme was designed to test for gold mineralisation associated with prospective lithostructural settings within the greenschist facies Yerilgee Greenstone Belt. The T8 prospect was defined by a 1.7km x 600m gold-in-soil anomaly with associated pathfinder elements, adjacent to a regional scale NNE trending structure and intense localised magnetic anomaly. Two RC fence-lines spaced 200m apart were drilled at the T8 prospect, with holes at 60m spacing. Significant gold mineralisation was intersected on both drill lines Drilling at T8 identified an anticlinal closure of a banded iron formation (BIF) which had been intruded by a felsic porphyry along a major regional lineament. The drilling intersected a shallowly dipping BIF which had been completely replaced by massive pyrite, arsenopyrite and quartz in three holes across both drill lines. The underlying high magnesium basalts had been almost completely altered to magnetite explaining the associated intense magnetic anomaly. In addition, the T8 prospect consisted of a well-developed laterite profile approximately 50m thick. | |
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