New High-Grade Gold Target at Flecha de Oro
Golden Arrow Resources Corporation reports that results from the mapping and vein sampling program at the Flecha de Oro gold project in Rio Negro, Argentina have delineated a new high-grade gold target on the Esperanza property. This target includes a series of sub-parallel quartz veins in an apparent structural corridor that was mapped over 230 metres in length and up to 30 metres of width, and remains open in both directions along strike.
Collected sampling include, 1: 24.4 g/t gold and 13.6 g/t silver from a float/boulder sample, 2: 5.23 g/t gold and 32.3 g/t silver over 0.30 metres from a vein chip sample, and 3: 4.3 g/t gold and 2.3 g/t silver over 0.30 metres from a vein chip sample.
“The Flecha de Oro exploration program is advancing nicely with the addition of this new high-grade gold target at the Esperanza property, located more than a kilometre and a half north of the high-grade samples we reported in early March.
In addition, the new Maquinchao properties expand our prospective area, further increasing our chances to discover a major epithermal deposit at the project,” commented Brian McEwen, Golden Arrow’s VP Exploration and Development.
Golden Arrow commenced a detailed mapping and sampling program in late 2019. Recent sample results delineate a new high-grade target area in a series of structurally-controlled sub-parallel veins striking at azimuths of 70° to 90°. These veins span 230 metres of what appears to be a wider structural corridor with an overall 50° azimuth strike.
Trenching is required to better delineate the mineralized structures, and the corridor remains open to expansion in both directions and requires additional detailed exploration.
