Did you know?
You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)
TSXV-Listed Golden Arrow Announces C$2 Mln Program at Antofalla
12:15 PM EDT, 10/17/2016 (MT Newswires) -- Golden Arrow Resources Corporation (GRG.V) has initiated its first exploration program at the recently optioned Antofalla silver-gold-base metal project in the province of Catamarca. With a cash balance of approximately C$8 million, Golden Arrow has outlined a C$2 million program that includes remote sensing, IP/Resistivity geophysics, and geochemical sampling to delineate targets that will be tested with an estimated 3000 metre drill program. Historic work at Antofalla includes 18 metres averaging 128 g/t silver, 0.23 g/t gold and 0.88% lead in a drill hole and two metres averaging 9.2 g/t gold, 52 g/t silver and 5% lead in historic trench samples. The 8,760 hectare Antofalla project has strong geologic similarities to the Company's flagship Chinchillas silver project, where a development decision is expected at the end of the year