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Golden Arrow Reports Additional Drill Results Including 49 m @ 673 g/t Silver at Chinchillas Project.
(via Thenewswire.ca) Vancouver, BC / TheNewswire / January 11,...
About this update from Golden Arrow Resources Corp.
[{"type":"text","content":"Golden Arrow Reports Additional Drill Results Including 49 m @ 673 g/t Silver at Chinchillas Project.(via Thenewswire.ca)\n \n \nVancouver, BC / TheNewswire / January 11, 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 27 drill holes in the Phase V drilling program at the Chinchillas Silver Project in Jujuy Province, Argentina. Results from the first twenty-one drill holes were previously announced in news releases dated December 2nd and December 16th, 2015. 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\n\n-58 metres averaging 177 g/t silver, 0.9% lead in CGA-206\n\n\n\n-50 metres averaging 136 g/t silver, 2.4% lead and 0.5% zinc in CGA-208\n\n\n\n-49 metres averaging 673 g/t silver, 4.0% lead and 0.8% zinc in CGA-210\n\n\n\n\n\n-Including 13 metres averaging 1,589 g/t silver, 7.5% lead and 1% zinc\n\n\n\n\n\n-30 metres averaging 637 g/t silver, 2.1% lead in CGA-219\n\n\n\n\n\n-Including 9 metres averaging 1,896 g/t silver, 3.8% lead\n\n\n\n\n\n-66 metres averaging 233 g/t silver, 0.7% lead in CGA-223\n\n\n\n\n\n-Including 8 metres averaging 910 g/t silver\n\n\n\n\n\n\n \nThe Phase V drill program started on October 19th 2015. To the end of 2015, over 10,393 metres of drilling in 80 core holes was completed, 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. Following the holiday break, the program has now recommenced and will include additional infill drilling focused in the Silver Mantos area, drilling to characterize ground waters in the project area as well condemnation drilling.\n\n\n \nTable 1 below includes the assay results from 27 drill holes totaling 3,485 metres in length. A map of the drill hole locations is available on the Chinchillas map page on the Gol...