• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Silver Market
    Silver News
    Silver Stocks
    • Silver Market
    • Silver News
    • Silver Stocks

    Golden Arrow Initiates Next Phase of Drilling in Pre-Development Program at Chinchillas Silver Project

    Jocelyn Aspa
    May. 25, 2016 09:35AM PST
    Silver Investing
    NASDAQ:SSRI

    Golden Arrow Resources (TSXV:GRG) has announced that it has commenced a 6,500 metre Phase VI drilling and exploration program at the Chinchillas silver project in the Jujuy Province, Argentina. As quoted in the press release: The previous Phase V, 15,000 metre, drill program was successful in converting a significant portion of the resources within the …

    Golden Arrow Resources (TSXV:GRG) has announced that it has commenced a 6,500 metre Phase VI drilling and exploration program at the Chinchillas silver project in the Jujuy Province, Argentina.
    As quoted in the press release:

    The previous Phase V, 15,000 metre, drill program was successful in converting a significant portion of the resources within the high grade Silver Mantos area to the measured and indicated categories required for prefeasibility or feasibility level engineering. (See Golden Arrow New Release, April 12th 2016.) The Phase V and VI drill programs are 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.
    Prior to commencing the Phase IV drill program, the team completed mapping and trenching of several prospective areas to define the drill targets. Drilling has started in the Chinchillas South target area, which extends from the main Chinchillas deposit approximately 1.5 kilometres to the south. The area has been previously tested by only eight drill holes in the Phase III and Phase V drill campaigns. Results included multiple intercepts of silver, lead and zinc in most holes, such as: 69 g/t silver, 1.1% lead and 1.9% zinc over 15 metres in CGA-272W, including 165 g/t silver, 2.0% lead and 3.6% zinc over 3 metres; and 15 metres averaging 181 g/t silver, 1.1% lead in CGA-113 (see news releases dated March 3rd, 2016 and May 29th, 2014).

    Click here to read the full press release.

    GRG:CA
    phase iiigolden arrow resourcesnasdaq:ssritsxv:grgargentinatsx:sso
    The Conversation (0)

    Go Deeper

    AI Powered
    Silver47 Exploration

    Silver47 Exploration

    PAN GLOBAL COMMENCES DRILLING AT CAÑADA HONDA COPPER-GOLD TARGET IN THE ESCACENA PROJECT, SPAIN

    PAN GLOBAL COMMENCES DRILLING AT CAÑADA HONDA COPPER-GOLD TARGET IN THE ESCACENA PROJECT, SPAIN

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×