お知らせ • Sep 10
Golden Arrow Continues to Intersect Thick Zones of Copper and of Cobalt Mineralization At the San Pietro Iron-Copper-Gold-Cobalt Project, Chile
Golden Arrow Resources Corporation reported additional long intervals of copper mineralization, highlighted by the results from diamond drill hole SP-DDH-22 in the Rincones target: 110m at 0.40% Cu, 0.08 g/t Au, 85 g/t Co and 18.0% Fe starting at 158 m depth. Includes 1.12m at 10.35% Cu, 2.44 g/t Au, 470 g/t Co and 23.1% Fe. Includes 19.43 m at 790 g/t Co and 32.6 % Fe. The six holes reported herein are part of the on-going 10,000-metre diamond drilling campaign at the San Pietro Iron-Copper-Gold-Cobalt Project in Chile ("San Pietro" or the "Project") announced on April 24, 2024, which is expected to provide data for the first Mineral Resource Estimate for the project. The program is just over 50% complete, with additional drill holes in progress to expand the known mineralized zones at Rincones, and additional exploration drilling planned. San Pietro Phase 2 Drill Program Details. The San Pietro Project hosts multiple targets with strong Iron oxide-Copper-Gold and Cobalt (IOCG+cobalt) mineralization. This mineralization is typically found within a pile of fine to porphyritic andesites that exhibit widespread potassic feldspar alteration. The mineralization is often associated with areas where a superimposed quartz-scapolite alteration is more intense and there is a development of brecciation and massive replacement of magnetite. In 2023, the Company completed a Phase 1 drill program of approximately 4000 metres of diamond drilling in 13 holes to add to the database of approximately 34,000 metres of historic drilling at San Pietro. Strongly mineralized intervals were intercepted at all targets tested as reported in company news releases on June 13, June 27 and July 12, 2023. The Company is concentrating this Phase 2 drill program mainly on the Rincones advanced exploration target with the goal of completing an initial Mineral Resource Estimate. In addition, approximately 3,000 metres of drilling has been earmarked to test for new mineralization at other high-potential target areas throughout the Project. Rincones Target Drilling. SP-DDH-22. This hole confirms the continuity of mineralization between Phase II drill holes SP-DDH-14 (135 m to the west) and SP-DDH-19 (155 m to the east). SP-DDH-22 shows a wide mineralized interval of 110 m starting at 158 m deep, including a higher-grade interval of 1.12 m with 10.35% Cu,2 g/t Au, 132 g/t Co and 25.7% Fe where the core contained patches of massive chalcopyrite-pyrite. Hole SP-DDH-25 was intended to intercept the same mineralized structure closer to surface. The hole was a success and the structure in this location was significantly wider than in SP-DDH-09, returning a new best cobalt intercept for the project of 123.1 m with 443 g/t Co and 18.,2 % Fe starting at 24.9 metres deep. This drill hole together with the surface geochemistry confirm that the Colla target is a significant near-surface (outcropping) high cobalt target. Hole, Easting, Northing, Elevation (m), Azimuth (@), Dip, Final Depth (m), Dip, Final depth (m), @), SP-DDH-21, 390809, 7071811, 996, 40, -60, 461, SP-DDH-22, 391267, 7071769, 20, -65, 341, SP-DDH-23, 391466, 7072416, 9072416, 943, 943, -65, 965, 965, 943, 965, -65, 341, 965, 341, SP-23, SP-23, 91466, 965, SP-23, 965, SP-16, 965, SP-22, SP-23, 915, 965, 391466, 91466, 915, 943, 965.