Golden Arrow Posts Final Drill Results of Phase III Program at Chinchillas

Golden Arrow Resources Corp. (TSXV:GRG) released the results of the last drill holes from a 9,000-meter Phase III drill program at its Argentina-based Chinchillas silver project.

As quoted in the press release:

Drill holes CGA-127 and CGA-129 demonstrate the expansion of known mineralization to the northwest of the existing Chinchillas resource and the direction remains open for continued expansion. In addition, drill hole CGA-126 is expected to add to the Chinchillas resources at depth. Highlights from the drill holes include:

• 31 metres averaging 186 g/t silver, 2.4% lead and 2.2% zinc, (334 g/t silver equivalent) at 165 metres depth in CGA-126
• 34 metres averaging 209 g/t silver and 1.2% lead (248g/t silver equivalent) at 118 metres depth in CGA-127, including 5 metres averaging 1,091 g/t silver and 3% lead (1,188 g/t silver equivalent)
• 22 metres averaging 212 g/t silver and 2.6% lead (296g/t silver equivalent) at 91 metres depth in CGA-129, including 7 metres averaging 515 g/t silver and 5.7% lead (699 g/t silver equivalent)

Brian McEwen, vice president of exploration and development at Golden Arrow, said:

The extent, grade and continuity of these results exemplify the Chinchillas project. These holes provide an excellent ending to a very successful drill program and we are now looking forward to updating the resource and moving the project towards feasibility.

Click here to read the full Golden Arrow Resources Corp. (TSXV:GRG) press release.