Initiates Argentinian Exploration Programme
Golden Arrow Resources Corporation (TSXV: GRG) has commenced a new exploration programme at the company’s 100% held Yanso Gold Project in San Juan province, Argentina.
VP Exploration and Development, Brian McEwen, said Yanso is a gold-copper intrusive-related target with a 300m by 90m zone of strong alteration coincident with gold and other geochemical anomalies, which is open along strike and untested at depth.
Highlights of previous work include rock chip samples with assays of:
- 16m averaging 0.602 g/t Au (including 2m @ 1.27 g/t gold),
- 2m averaging 3.46 g/t gold, and
- 2m averaging 3.15 g/t gold.
“Yanso benefits from an excellent regional setting that includes nearby producing mines and deposits, and from a clear gold and copper target of unknown extent,”Mr McEwen said.
“The new program meincludes a 6.6 line-kilometre Induced Polarisation (IP) – Resistivity survey being completed by Geofisica Argentina.
“Gold-copper mineralisation at Yanso is associated with pyrite or related oxidised surface minerals, so the Golden Arrow technical team believes that this technique will provide an excellent tool to understand the subsurface extents of the mineralised zone based on chargeability.
“The survey will cover the known target area and test for extensions to the north and south over a distance of 2.4km, most of which is under recent alluvial cover.
“In addition, Golden Arrow’s field team will complete a 700-hectare ground magnetics survey to gain subsurface geological and structural information.
“Golden Arrow has engaged independent geophysical consultant Miles Rideout to guide the IP and magnetics survey programs. In addition to the geophysical work, the field team will initiate a surface reconnaissance program meof mapping and rock sampling.”The Yanso Gold Project includes 12,480 hectares in five non-contiguous concessions, situated approximately 27 km south of the Gualcamayo mine in San Juan province, Argentina.
Detailed airborne magnetics identified an intrusive body, and strong silica-illite-pyrite alteration is exposed at the contact with the intrusive. The 330m long by 90m wide zone of alteration is exposed between two major drainages and at the intersection of two structural trends.
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