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Golden Arrow Reports Phase IV Drill results from Chinchillas Project, Argentina
(via Thenewswire.ca) Vancouver, BC / TNW-ACCESSWIRE / January ...
About this update from Golden Arrow Resources Corp.
[{"type":"text","content":"Golden Arrow Reports Phase IV Drill results from Chinchillas Project, Argentina(via Thenewswire.ca)\n \n \nVancouver, BC / TNW-ACCESSWIRE / January 6, 2015 / Golden Arrow Resources Corporation (TSX-V: GRG, FRA: GAC (WKN: A0B6XQ), \"Golden Arrow\" or the \"Company\") is pleased to announce results from the first six holes of its Phase IV drill program at the Chinchillas silver, lead, zinc deposit in Jujuy Province, Argentina. Results from these holes indicate that the resource continues to expand in several directions, and the deposit edges have not yet been reached. \n\n\n \nHighlights from these drill holes include:\n\n\n \n\n\n- 178 g/t silver and 1.6% lead (230 g/t silver equivalent) over 15 metres in CGA-132\n\n\n\n- 91 g/t silver and 2.8% lead (281 g/t silver equivalent) over 32 metres in CGA-133\n\n\n\n\n\n- Including 1002 g/t silver, 10.6% lead, 1.1% zinc (1379 g/t silver equivalent) over 2 metres \n\n\n\n\n\n- 86 g/t silver and 1.3% lead (128 g/t silver equivalent) over 26 metres in CGA-133\n\n\n\n\n\n- Including 333 g/t silver and 5.5% lead (510 g/t silver equivalent) over 3 metres \n\n\n\n\n\n- 409 g/t silver and 2% lead (473 g/t silver equivalent) over 15 metres in CGA-135\n\n\n\n- 286 g/t silver and 1.4% lead (331 g/t silver equivalent) over 12 metres in CGA-136\n\n\n\n\n \n \"We are very pleased with these results, which include thick intersections of mineralization that show continuity between holes in some cases stepping out significantly from the existing resource and in others filling in the hole spacing,\" commented Golden Arrow VP Exploration and Development, Brian McEwen. \"We are confident that these results and the rest of the drill program will continue to expand the resources at Chinchillas as we move the project towards feasibility.\" \n\n\n \nThe program will include up to 16,000 metres of diamond drilling to contribute to the planned feasibility study. 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. \n\n\n \nTable 1 below includes the results of 1281 metres of drilling from six holes. A map of the drill hole locations will be posted to the Chinchillas map page on the Golden Arrow websi...