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Golden Arrow Resources Corp.
Summary
| Project: | Chinchillas | |
|---|---|---|
| Deposit: | Chinchillas | |
| Location: | Argentina | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 9/7/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-9-2016: Golden Arrow Resources Corp. announces an Exploration/Drilling Update report for its Chinchillas deposit at the Chinchillas project. Drilling results incl. 151m @ 23g/t Ag, 0.4% Pb, 0.8% Zn from 154m. Vancouver, BC / Marketwired / September 7th, | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Brian McEwen (Internal) | |
| ABSTRACT: | Vancouver, BC / Marketwired / September 7th, 2016 / Golden Arrow Resources Corporation (TSX-V: GRG, FRA: GAC (WKN: A0B6XQ), OTCQB: GARWF “Golden Arrow”) is pleased to announce the results of assaying of the first twenty-four drill holes in the Phase VI drilling program at the Chinchillas Silver Project in Jujuy Province, Argentina. The drilling program is part of the Chinchillas Project pre-development activities, funded by 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 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. “Phase VI drilling has confirmed that the area planned for surface infrastructure is devoid of significant near-surface mineralization. However the area is underlain by narrow high grade structures found over a 440 metre by 120 metre area that are similar in style to those found at Pirquitas. This mineralization, along with Breccia Dome target to the north provides future resource potential,” commented Brian McEwen, Golden Arrow’s VP Exploration and Development. | |
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