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Golden Arrow Reports 7 metres of 653 g/t Silver Equivalent at Chinchillas Silver Deposit
(via Thenewswire.ca) Vancouver, BC / T heNewswire /July 9, ...
About this update from Golden Arrow Resources Corp.
[{"type":"text","content":"Golden Arrow Reports 7 metres of 653 g/t Silver Equivalent at Chinchillas Silver Deposit(via Thenewswire.ca)\n \n \nVancouver, BC / TheNewswire /July 9, 2015 / Golden Arrow Resources Corporation (TSX-V: GRG, FRA: GAC (WKN: A0B6XQ), \"Golden Arrow\" or the \"Company\") is pleased to announce the results from ten drill holes in the Phase IV drilling campaign at the Chinchillas silver-lead-zinc deposit in Jujuy Province, Argentina. Nine of the ten holes include numerous significant mineralized intersections that are expected to contribute to new resources. High grade highlights of the holes include: \n\n\n \n\n\n- 7 metres @ 466 g/t silver, 5.8% lead in CGA-173, including 2 metres @ 1306 g/t silver, 9.8% lead; and, \n\n\n\n- 7 metres @ 266 g/t silver in CGA-179 including 1 metre @ 1109 g/t silver. \n\n\n\n\n \n\"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.\" commented Golden Arrow VP Exploration and Development, Brian McEwen.\n\n\n \nTable 1 below includes the results from nine complete drill holes, plus the final 246 metres of hole CGA-181 (the first 253 metres of this hole was reported in the release dated June 25th, 2015). A map of the drill hole locations will be posted to the Chinchillas map page on the Golden Arrow website at: http://www.goldenarrowresources.com/i/maps/chinchillas/2015-07-09_DPIVD.pdf. Interactive 3-D models of the drill holes are also available on the Golden Arrow website and at www.corebox.net. \n\n\n \nDrill Hole Details\n\n\n \nMineralized intercepts are reported in Table 1. The western portion of the Chinchillas deposit includes the upper Silver Mantos zone and lower Mantos Basement zone. The eastern portion of the deposit includes the upper Socavon del Diablo (\"Socavon\") zone, and the lower Socavon Basement zone. The zones are all part of a volcanic vent system in which explosive volcanic activity produced diatreme breccias and tuffs in the central part of the vent (Silver Mantos and Socavon zones) and breccia...