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Golden Arrow's Chinchillas Project, Argentina One of Biggest Silver Discoveries in 2014; Ongoing 16,000m Drill Program Results include 207 g/t Ag over 14m
(via Thenewswire.ca) Vancouver, BC / TheNewswire / January...
About this update from Golden Arrow Resources Corp.
[{"type":"text","content":"Golden Arrow's Chinchillas Project, Argentina One of Biggest Silver Discoveries in 2014; Ongoing 16,000m Drill Program Results include 207 g/t Ag over 14m(via Thenewswire.ca)\n \n \nVancouver, BC / TheNewswire / January 19, 2015 / Golden Arrow Resources Corporation (TSX-V: GRG, FRA: GAC (WKN: A0B6XQ), \"Golden Arrow\" or the \"Company\") is pleased to announce results from ten additional holes of its Phase IV drill program at the Chinchillas silver, lead, zinc deposit in Jujuy Province, Argentina. As with the first set of results from this program, released January 6th 2015, data from these latest holes indicate that the resource will continue to expand. In particular, hole CGA-139 steps out 48 metres, extending the Mantos Basement zone mineralization to the west, while hole CGA-146 extends a zone of mineralization on the North Slope by 40 metres, also to the west. Hole CGA-143 is an infill hole that confirms the continuity of a deep body of mineralization between several previously drilled holes.\n\n\n \nHighlight intercepts from these drill holes include:\n\n\n \n\n\n-207 g/t silver and 1.9% lead (268 g/t silver equivalent \"AgEq\") over 14 metres in CGA-139, including:\n\n\n\n\n\n-493 g/t silver and 4.1% lead (625 g/t AgEq) over 4 metres\n\n\n\n\n\n-109 g/t silver, 1% lead and 0.9% zinc over 20 metres in CGA-146, including:\n\n\n\n\n\n-299 g/t silver, 1.8% lead and 1.5% zinc over 4 metres\n\n\n\n\n\n-127 g/t silver, 0.5% lead and 1.7% zinc over 25 metres in CGA-143, including:\n\n\n\n\n\n-327 g/t silver and 0.7% lead over 3 metres\n\n\n\n\n\n\n \n \"The Company is extremely pleased with the continued success of this drilling campaign. Additional multiple intersections of good grade and thickness that are continuous with known mineralization demonstrate the potential to further expand the resource laterally and at depth,\" commented Golden Arrow VP Exploration and Development, Brian McEwen. \n\n\n \nThe planned program includes up to 16,000 metres of diamond drilling designed to contribute to the eventual 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 res...