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Golden Arrow Identifies Drill Targets and Expands Tenements at Rosales Copper Project, Chile

Golden Arrow Identifies Drill Targets and Expands Tenements at Rosales Copper Project, Ch...

articleGolden Arrow Resources Corp.June 24, 20214/company/golden-arrow-resources-corp/news/golden-arrow-identifies-drill-targets-and-expands-tenements-at-rosales-copper-project-chile
Golden Arrow Identifies Drill Targets and Expands Tenements at Rosales Copper Project, Chile

About this update from Golden Arrow Resources Corp.

[{"type":"text","content":"\n \n \n \n Golden Arrow Identifies Drill Targets and Expands Tenements at Rosales Copper Project, Chile\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n TSX Venture Exchange (TSX-V): GRG\n \n Frankfurt Stock Exchange (FSE): G6A\n \n OTCQB Venture Market (OTCQB): GARWF\n \n \n \n \n VANCOUVER, BC\n \n ,\n \n June 24, 2021\n \n /CNW/ -\n \n Golden Arrow Resources Corporation\n \n (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF),\n \n (\"Golden Arrow\"\n \n or the\n \n \"Company\")\n \n is pleased to report that the Transient Electromagnetic (TEM) surface geophysical survey at the Rosales Copper Project has identified large, near-surface conductive anomaly targets and prompted the Company to plan its first drill campaign at the project. Furthermore, based on the results to date the Company has applied for an additional 900 hectares of concessions adjacent to the southern boundaries of the project area (See Figure 1:\n \n https://bit.ly/3gMWFmC\n \n ).\n \n \n \n \n \n \n \n \n \n \n \"The TEM survey has performed even better than expected, and we are excited to have identified significant areas with near-surface anomalies that are prospective for sulphide copper mineralization,\"\n \n stated\n \n Brian McEwen\n \n ,\n \n Golden Arrow\n \n VP Exploration and Development.\n \n \"Drill testing these is now our priority and we plan to start that imminently.\"\n \n \n \n The highest priority target based on size, strong conductivity and correlation with high-copper values in surface rock-chip samples is a conductive area of 850 by 500 metres that may include several conductive zones (\"G1\", see Figure 2a:\n \n https://bit.ly/3xNtSE5\n \n ).  The shallowest part of anomaly is estimated to be at approximately 100 metres below surface with the depth extent still to be determined.   A second large conductive anomaly is situated approximately 500 metres to the southeast, (\"G-2\" see Figure\n \n 2b\n \n :\n \n https://bit.ly/3xNtSE5\n \n ) with dimensions of 600 by 400 metres, and it is open to the south.  The upper r...

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