Categories: Coin Shop Blog

Golden Arrow Reports 1,611 g/t Silver Over 5 Meters at Chinchillas

Golden Arrow Resources Corp. (TSXV:GRG) released assay results from a further 19 holes completed as part of Phase V drilling at its Argentina-based Chinchillas silver project. The program is now complete, and the company will put out the remaining results as they come in.

As quoted in the press release:

In addition to returning several high-grade intersections in the Silver Mantos area, the holes reported here include CGA-272W, which was drilled more than a kilometre south of the main deposit to install a water-monitoring well. Over its 62 metre length, this hole returned eight well-mineralized intervals which showed similarities in style to areas of high-grade veins and breccias at Silver Standard’s Pirquitas mine. This includes a best intercept of 165 g/t silver, 2.0% lead and 3.6% zinc over three metres, highlighting the continued exploration potential of the Chinchillas South area of the project.

Highlights include:

854 g/t silver over 14 metres in CGA-275, including:

1,611 g/t silver over 5 metres

485 g/t silver, 1.9% lead, 0.7% zinc over 9 metres in CGA-277, including:

1,507 g/t silver, 5.2% lead and 1.1% zinc over 2 metres

106 g/t silver, 0.8% lead and 0.5% zinc over 41 metres in CGA-278, including:

316 g/t silver and 2.8% lead over 3 metres

69 g/t silver, 1.1% lead and 1.9% zinc over 15 metres in CGA-272W, including:

165 g/t silver, 2.0% lead and 3.6% zinc over 3 metres