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Golden Arrow Reports additional drilling at Chinchillas Silver Deposit, including 5 metres of 997 g/t silver equivalent
(via Thenewswire.ca) Vancouver, BC / TheNewswire /June...
About this update from Golden Arrow Resources Corp.
[{"type":"text","content":"Golden Arrow Reports additional drilling at Chinchillas Silver Deposit, including 5 metres of 997 g/t silver equivalent(via Thenewswire.ca)\n \n \n\n\n \n \nVancouver, BC / TheNewswire /June 25, 2015 / Golden Arrow Resources Corporation (TSX-V: GRG, FRA: GAC (WKN: A0B6XQ), \"Golden Arrow\" or the \"Company\") is pleased to announce the results from four additional drill holes in the Phase IV drilling campaign at the Chinchillas silver-lead-zinc deposit in Jujuy Province, Argentina. All four holes encountered significant silver, lead and zinc intercepts, with hole CGA-170 reporting an interval of 30 metres averaging 250 g/t silver equivalent that included a five metre intercept averaging 997 g/t silver equivalent. \n\n\n \n \"We were pleased with these results as they show significant silver mineralization in the eastern basement zone which previously had not been tested\" commented Golden Arrow VP Exploration and Development, Brian McEwen. \"The resources in this area should increase, along with the other areas within Chinchillas that have been tested by this drill program, when we update our resource estimate this summer.\" \n\n\n \nThe Phase IV drill program has included approximately 11,200 metres of diamond drilling to date. The program goals include: testing the limits of the deposit in all directions, including at depth; in-filling drill hole-spacing to facilitate the upgrade of the resource categories to Measured and Indicated; and drilling for infrastructure and geotechnical studies. Approximately 5,000 metres of the planned program remains to be drilled.\n\n\n \nTable 1 below includes the results from three complete drill holes, plus approximately the first half of hole CGA-181 (approximately 250 metres). 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/2015-06-25_NR.jpg. 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 a...