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Golden Arrow Announces Positive Initial Results for First Drill Holes at Chinchillas Silver Project.

(via Thenewswire.ca) Golden Arrow Resources Corporation (TSX-V: GRG, FSE: GAC (WKN: A0B6XQ)...

articleGolden Arrow Resources Corp.June 14, 20124/company/golden-arrow-resources-corp/news/golden-arrow-announces-positive-initial-results-for-first-drill-holes-at-chinchillas-silver-project
Golden Arrow Announces Positive Initial Results for First Drill Holes at Chinchillas Silver Project.

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[{"type":"text","content":"\nGolden Arrow Announces Positive Initial Results for First Drill Holes at Chinchillas Silver Project.\n\n(via Thenewswire.ca)\n\n \nGolden Arrow Resources Corporation (TSX-V: GRG, FSE: GAC (WKN: A0B6XQ), \"Golden Arrow\" or the \"Company\") is pleased to announce the results from the first four (502 meters) diamond drill holes at its 100% owned Chinchillas Silver Project, in Jujuy Argentina. All holes intersected significant silver-zinc-lead mineralization with the highlights to date including CGA-17 averaging 132 g/t silver over 31 m from 3 to 34 m and CGA-18 averaging 215 g/t silver equivalent* over 20.7 m from 17 to 37.7 m.\n\n\n \nDrilling\n\n\n \nGolden Arrow has to date completed a total of 1800 m in 14 holes of a planned 3000 m drill program. Assay results for the first four holes drilled into the Silver Mantos target have been received and verified (CGA-17 to CGA-21). Significant mineralized intercepts are tabulated below.\n\n\n \nTable 1. Initial Results: Silver Mantos Target, Chinchillas Project.\n\n\n \n\n ----------------------------------------------------------------\n |HOLE |From (m)|To |Length (m)|Ag |Pb |Zn |Ag EQ* (g/t)|\n | | |(m) | |(g/t)|(%) |(%) | |\n |--------------------------------------------------------------|\n |CGA-17 |3 |34 |31 |132 |- -- |132 |\n |--------------------------------------------------------------|\n |includes|22 |26 |4 |382 |- -- |382 |\n |--------------------------------------------------------------|\n |and |39 |43 |4 |84 |- -- |84 |\n |--------------------------------------------------------------|\n |and |73 |74 |1 |104 |- -- |104 |\n |--------------------------------------------------------------|\n |CGA-18 |17 |37.7|20.7 |163 |2.47|- |214 |\n |--------------------------------------------------------------|\n |includes|19 |23 |4 |557 |7.85|- |718 |\n |--------------------------------------------------------------|\n |and |46 |68 |22 |64 |0.70|1.03|99 |\n |--------------------------------------------------------------|\n |CGA-19 |5 |22 |17 |49 |- |1.9 |87 |\n |--------------------------------------------------------------|\n |and |34 |49 |15 |31 |- |2.36|79 |\n |--------------------------------------------------------------|\n |and |66 |74 |8 |- -- |3.13|64 |\n |--------------------------------------------------------------|\n |CGA-20 |4.55 |14 |9.45 |31 |0.84|- |48 |\n |---------...

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