Flecha de Oro Gold Project
Golden Arrow Resources Corporation provides an update on field activities and results for its Flecha de Oro gold project in Argentina, comprised of two separate properties: Esperanza and Puzzle.Sampling and mapping continued throughout the month of January at the Esperanza property, identifying high-grade and visible gold hosted in epithermal quartz veins.
Visible gold was observed in the vein sample which assayed 18 g/t gold. These four high-grade samples were collected up to 400 metres west of a previously reported vein chip/channel sample that returned 5 metres grading 13.1 g/t gold.
At the Puzzle property a key feature identified early in the exploration program was a 2.3-kilometre-long and more than 150-metre-wide magnetic low related to a corridor with gold-mineralized quartz veins and adjacent stock work. Additional ground magnetic surveys have now extended the magnetic low anomaly in both directions, bringing it to 6.5 kilometres in overall length, and it remains open in both directions.
The ongoing sampling program has identified additional mineralized quartz veins and sub-outcrop in the anomaly corridor. “We are pleased with the progression of exploration at the Flecha de Oro project,” commented Brian McEwen, Golden Arrow’s VP Exploration and Development. “Systematic exploration at both properties continues to provide excellent results that bring us closer to delineating strong drill targets.”
Golden Arrow is currently engaged in an extensive geological mapping, sampling, and ground magnetic surveying program, with follow-up trenching planned in the next three months.
