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Arrow Minerals (ASX:AMD) - CEO & Managing Director, Howard Golden
CEO & Managing Director, Howard Golden
Source: 121 Mining Investment Events
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  • Fresh results from a reverse circulation (RC) drill effort at Arrow Minerals’ (AMD) Dassa deposit have expanded gold mineralisation along strike to 900 metres
  • All up, 29 shallow holes were drilled at the Burkina Faso prospect in a bid to extend gold mineralisation
  • Key results include six metres at 4.04 g/t gold from 43 metres, 14 metres at 3.24 g/t gold from 23 metres and 13 metres at 2.42 g/t gold from six metres
  • Arrow affirms Dassa remains open down-dip and to the north, with potential to expand shallow, open-pit-style mineralisation
  • Arrow Minerals shares have dropped 10 per cent following the announcement, trading at 0.9 cents

Fresh results from a reverse circulation (RC) drill effort at Arrow Minerals’ (AMD) Dassa deposit have expanded gold mineralisation along strike to 900 metres.

The explorer executed 29 (RC) shallow drill holes at its Dassa Gold deposit in Burkina Faso of West Africa in a bid to extend the gold mineralisation to the north, south, and down-dip to the east.

Results from the campaign have expanded the gold mineralisation to a strike length of more than 900 metres, with shallow, mostly oxide-hosted gold mineralisation continuing along strike and to a depth of more than 150 metres.

Key results include six metres at 4.04 g/t gold from 43 metres, 14 metres at 3.24 g/t gold from 23 metres and 13 metres at 2.42 g/t gold from six metres.

Arrow affirms Dassa remains open down-dip and to the north, with potential to expand shallow, open-pit-style mineralisation. The program has also tightened the drill section spacing on the northern Dassa zone to 80 metres.

Looking ahead, Arrow advises the upcoming quarter will include an expanded
programme to grow Dassa and the known mineralisation at nearby Divole East.

“These very positive results at Dassa give us confidence that the Dassa gold deposit has the continuity, grade and thickness that we were hoping for,” Arrow’s Managing Director, Howard Golden, commented.

“This puts us in a position where we can continue to expand Dassa while advancing several nearby advanced and early-stage projects to realise an emerging gold district in western Burkina Faso,” he added.

Arrow Minerals shares have dropped 10 per cent following the announcement, trading at 0.9 cents at 3:43 pm AEDT.

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