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Golden Arrow Reports Final Phase III Drill Results, Including 5m of 1,091g/t Silver and 3% Lead, at the Chinchillas Project, Argentina
(via Thenewswire.ca) Vancouver, BC / TNW-ACCESSWIRE / July 24, 2014 ...
About this update from Golden Arrow Resources Corp.
[{"type":"text","content":"Golden Arrow Reports Final Phase III Drill Results, Including 5m of 1,091g/t Silver and 3% Lead, at the Chinchillas Project, Argentina(via Thenewswire.ca)\n \n \nVancouver, BC / TNW-ACCESSWIRE / July 24, 2014 / Golden Arrow Resources Corporation (TSX-V: GRG, FRA: GAC (WKN: A0B6XQ), \"Golden Arrow\" or the \"Company\") is pleased to announce the results from the final drill holes of the 9,000 metre Phase III drill program at the Chinchillas Silver Project in Argentina. Drill holes CGA-127 and CGA-129 demonstrate the expansion of known mineralization to the northwest of the existing Chinchillas resource and the direction remains open for continued expansion. In addition, drill hole CGA-126 is expected to add to the Chinchillas resources at depth. Highlights from the drill holes include:\n\n\n \n\n\n- 31 metres averaging 186 g/t silver, 2.4% lead and 2.2% zinc, (334 g/t silver equivalent) at 165 metres depth in CGA-126 \n\n\n\n- 34 metres averaging 209 g/t silver and 1.2% lead (248g/t silver equivalent) at 118 metres depth in CGA-127, including 5 metres averaging 1,091 g/t silver and 3% lead (1,188 g/t silver equivalent)\n\n\n\n- 22 metres averaging 212 g/t silver and 2.6% lead (296g/t silver equivalent) at 91 metres depth in CGA-129, including 7 metres averaging 515 g/t silver and 5.7% lead (699 g/t silver equivalent) \n\n\n\n\n \n \"The extent, grade and continuity of these results exemplify the Chinchillas project,\" commented Golden Arrow VP Exploration and Development, Brian McEwen. \"These holes provide an excellent ending to a very successful drill program and we are now looking forward to updating the resource and moving the project towards feasibility.\" \n\n\n \nThe Phase III drill program was designed to increase the existing resources at the Chinchillas deposit through exploration proximal to the deposit and in new areas of the properties. Drilling is now complete, for a total of 8,985 metres. Table 1 below includes the results of 1,042 metres of drilling from four holes. Corebox(R) interactive 3-D models of the deposit and drill holes can also be found on the website, here and will be updated with these new intercepts. A map of the drill hole locations will also be posted to the Chinchillas map page on the Golden Arrow website at http://www.goldenarrowresources.com/i/maps/Phase-III-NRV6.jpg.\n\n \n \n\nClick Image To V...