Resource News

Golden Arrow Resources Corp. (TSXV:GRG) announced results from 10 drill holes completed as part of a Phase IV drill campaign at its Argentina-based Chinchillas silver-lead-zinc deposit.

Golden Arrow Resources Corp. (TSXV:GRG) announced results from 10 drill holes completed as part of a Phase IV drill campaign at its Argentina-based Chinchillas silver-lead-zinc deposit.
According to the company, nine of the holes “include numerous significant mineralized intersections.” The company expects they will contribute to new resources.
Highlights include:

  • 7 metres @ 466 g/t silver, 5.8% lead in CGA-173, including 2 metres @ 1306 g/t silver, 9.8% lead; and,
  • 7 metres @ 266 g/t silver in CGA-179 including 1 metre @ 1109 g/t silver.

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

These results complete the data from more than 11,000 metres of new drilling that we will use to update the resource estimate for Chinchillas this summer. We expected our step-out drilling to define the limits of the deposit, but in fact we have hit new mineralization in most of our holes. This should translate not only to an increase in resources now, but a strong likelihood of continued expansion of the Chinchillas deposit in the future.

Click here to read the full Golden Arrow Resources Corp. (TSXV:GRG) press release.
Golden Arrow is a Vancouver-based explorer focused on identifying, acquiring and advancing precious and base metal projects in Argentina with the goal of achieving a world class discovery. The main focus is on advancing the flagship Chinchillas Silver Project located in Jujuy, Argentina. Golden Arrow is a member of Grosso Group, a management company specialized in resource exploration, and working in Argentina where it is highly regarded and trusted since 1993.

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