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Golden Arrow Reports Additional Drill Results at Chinchillas Silver Project including 1,324 g/t silver and 4.8% lead over 4 metres
(via Thenewswire.ca) Vancouver, BC / TheNewswire / January 20,...
About this update from Golden Arrow Resources Corp.
[{"type":"text","content":"Golden Arrow Reports Additional Drill Results at Chinchillas Silver Project including 1,324 g/t silver and 4.8% lead over 4 metres(via Thenewswire.ca)\n \n \nVancouver, BC / TheNewswire / January 20, 2016 - Golden Arrow Resources Corporation (TSX-V: GRG, FRA: GAC (WKN: A0B6XQ), \"Golden Arrow\") is pleased to announce the results of assaying of an additional 17 drill holes in the Phase V drilling program at the Chinchillas Silver Project in Jujuy Province, Argentina. Previous results from the program were reported in news releases dated December 2nd 2015, December 16th, 2015 and January 11th, 2016. The drilling program is part of the Chinchillas Project pre-development activities, funded by Silver Standard, which are being undertaken to evaluate the feasibility of creating a combined mining business with Silver Standard's Pirquitas mine, as announced October 1st, 2015. The program is on-going and additional results will be announced as assays are received. \n\n\n \nSelected highlights from these drill holes include:\n\n\n \n-210 g/t silver and 0.9% lead over 52 metres in CGA-237\n\n\n \n-Including 1,024 g/t silver and 3.1% lead over 3 metres\n\n\n \n-And including 1,324 g/t silver and 4.8% lead over 4 metres\n\n\n \n-255 g/t silver over 27 metres in CGA-235\n\n\n \n-Including 733 g/t silver over 5 metres\n\n\n \n-192 g/t silver over 26 metres in CGA-232\n\n\n \n-Including 1,100 g/t silver in 1 metre\n\n\n \nThe Phase V drill program started on October 19th 2015 and since then over 10,800 metres of drilling has been completed. The program is comprised mainly of infill holes in the Silver Mantos and Mantos Basement zones to upgrade the Mineral Resource categories, plus five geotechnical holes to support slope angle recommendations for the potential future pits, drilling to characterize ground waters in the project area, and condemnation drilling around the deposit.\n\n\n \nTable 1 below includes the assay results from 17 drill holes totaling 1,364 metres in length. A map of the drill hole locations is available on the Chinchillas map page on the Golden Arrow website at: http://www.goldenarrowresources.com/i/maps/2016-01-20_NRM_GRG_PVDH_TVG8vS.jpg. \n\n\n \nChinchillas Deposit Geology\n\n\n \nThe Chinchillas deposit is a volcanic vent system in which explosive volcanic activity produced diatreme breccias and tuffs in the upper part...