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Golden Arrow Resources Corp.
Summary
| Project: | Chinchillas | |
|---|---|---|
| Deposit: | Chinchillas | |
| Location: | Argentina | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 10/3/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-10-2016: Golden Arrow Resources Corp. announces an Exploration/Drilling Update report for its Chinchillas deposit at the Chinchillas project. JV - drilling results incl. 18m @ 167g/t Ag, 2.0% Pb, 1.5% Zn from 262m. Vancouver, BC / Marketwired / October | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Brian McEwen (Internal) | |
| ABSTRACT: | Vancouver, BC / Marketwired / October 3rd 2016 / Golden Arrow Resources Corporation (TSX-V: GRG, FRA: GAC (WKN: A0B6XQ), “Golden Arrow”) is pleased to announce the results of assaying of the final twelve drill holes in the Phase VI drilling program at its Chinchillas Silver Project in Jujuy Province, Argentina. The drilling program is part of the Chinchillas Project pre-development activities, funded by Silver Standard Resources Inc. (TSX:SSO;NASDAQ:SSRI, "Silver Standard"), which are being undertaken to evaluate the feasibility of creating a combined mining business with Silver Standard’s Pirquitas mine, as announced October 1st, 2015. The objective of the drill program is exploration for resource potential as well as condemnation of certain areas for potential future mine infrastructure. Drill targets included the Chinchillas South area where seven previous drill holes had returned significant zinc and silver intervals up to 1.5 kilometres away from the main Chinchillas deposit. “We are pleased with the results of the Phase six program, which met all of its objectives. It is particularly gratifying to see that even as we work to complete pre-feasibility studies for the development of the main deposit, we have already delineated three areas with the potential to add resources to the project in the future,” commented Brian McEwen, Golden Arrow’s VP Exploration and Development. | |
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