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Mining

Arrow Minerals makes greenfields gold discovery at Barlee Gold Project

Results demonstrate the T8 prospect's potential to host a substantial, shallow gold resource.

Arrow Minerals Ltd (ASX:AMD) has received initial results from its maiden drill program at the T8 and T11 prospects at the Barlee Gold Project in Western Australia.

Highlights from the first batch of assay results include 27 metres at 0.64 g/t gold from 9 metres, 10 metres at 0.78 g/t gold from 7 metres and 17 metres at 0.74 g/t gold from 22 metres.

The drill program consisted of aircore and reverse circulation (RC) drilling over the T8 and T11 prospects and was the first gold drilling ever undertaken at these prospects.

The company completed 13 RC holes for 1,518 metres at T8 as well as 10 aircore holes for 717 metres and 2 RC holes for 252 metres at T11.

READ: Segue Resources (now Arrow Minerals) commences drilling as shares rise further

Further assay results from the maiden drill program at T6, infill drilling at T2 and diamond drilling at T1 and T2 are expected in the coming weeks.

First batch of drill results confirm T8 gold potential

The T8 prospect was originally defined by a 1.7x0.6 kilometre gold-in-soil anomaly with associated pathfinder elements.

The results at T8 are highly significant for first pass drilling and have confirmed thick, continuous gold mineralisation with multiple high-grade intersections

The results highlight the potential for the T8 prospect to host considerable gold mineralisation.

Significantly, the 1.5-kilometre strike of gold anomalism is yet to be tested.

Only 200 metres of 1.7 kilometres has been drill tested

Steven Michael, managing director, said: “The results demonstrate the potential of the T8 prospect to host a substantial, shallow gold resource.

“The reconnaissance drill program has only tested 200 metres of strike along a 1.7 kilometre mineralised corridor.

“Further drilling, planned for early 2018, will aim to extend the gold prospect to the north, south and east and at depth.”

T11 also shows potential

While the T8 results have proven exceptional, the results from the T11 prospect are encouraging for first pass drilling and have confirmed saprolite gold anomalism.

The next round of exploration work at the T11 prospect will consist of further soil geochemistry followed by aircore drilling and ground geophysics to help define priority targets.

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