Saturday, May 31, 2025

Latest

Golden Arrow Announces 2,000 Metre Drill Program Following Positive Survey Results

Golden Arrow Resources Corporation (TSXV: GRG) today announced that the TEM surface geophysical survey conducted by the company discovered significant, near-surface conductive anomaly targets at the Rosales Copper Project. The company has commenced the planning of its first drill campaign at the project as a result.

Golden Arrow has given the highest priority to a conductive area of 850 by 500 metres that may include several conductive zones. Among the anomalies found in the area, the shallowest is stated to be roughly 100 metres below surface, with the extent of depth to be determined. Another large conductive anomaly is located roughly 500 metres to the southeast, measuring 600 by 400 metres, with a third conductive target identified 2650 metres northwest. All three targets are considered to be highly prospective for copper.

The company has indicated that it intends to conduct a 2,000 metre drill program following a 440 line-kilometre ground magnetic survey that is currently underway. The additional survey is expected to allow for targets for drilling to be refined.

The Rosales Project includes 3444 hectares of exclusively held mineral claims, and based on the results to date, Golden Arrow has applied for 900 hectares of additional concessions next to the southern border of the project. The project is situated less than 90 kilometres from the Copiapo mining centre in the Atacama Region, which features pre-established exploration and mining infrastructure.

Golden Arrow Resources Corporation last traded on the TSX Venture at $0.17.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

ESGold Begins Concentration Tests Ahead Of First Production

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

Related News

Copper Project: Once In a Lifetime Geologist Dream – Giant Mining’s Majuba with Buster Hunsaker

In this insightful interview, Buster Hunsaker, Technical Advisor & Sr. Geologist of Giant Mining Corp....
Wednesday, July 24, 2024, 01:44:00 PM

Filo Mining Hits 9.11% Copper Over 11.1 Metres Before Hole Terminated

Filo Mining (TSX: FIL) continues to see strong results from its drill program at the...

Friday, May 13, 2022, 09:02:34 AM

QC Copper Completes Purchase Of 50% Interest In Roger Gold-Copper Project

QC Copper and Gold Inc. (TSXV: QCCU) today reported that the company has closed on...

Wednesday, May 26, 2021, 07:41:17 AM

Silver $300, Copper $40: 2030 Outlook

At The Rule Symposium in Boca Raton, Florida, Craig Parry, Co-Founder of Inventa Capital and...

Thursday, July 11, 2024, 08:55:00 AM

Infrastructure: The Hidden Value in Mining Projects with Mathew Wilson of Sterling Metals and EarthLabs

In this interview at the Precious Metals Summit 2024, Mathew Wilson, CIO of EarthLabs Inc....
Tuesday, September 17, 2024, 03:19:00 PM