onlyASX SYMBOL: AMD
usepersonalDIRECTORS / OFFICERS Frazer Tabeart
Chairman
Hugh Bresser
Managing Director
Tommy McKeith
Non-Executive Director
Catherine Grant-Edwards & Melissa Chapman
Joint Company Secretary
For
WEBSITE
www.arrowminerals.com.au
ASX Announcement
14 March 2022
NEW GOLD TARGETS IDENTIFIED VRANSO PROJECT, BURKINA FASO
Highlights
- Five new anomalous gold targets within structural corridors delineated proximal to known mineralisation
- Anomalies remain open to the North and South
- Drill target development advancing
Arrow Minerals Limited (Arrow, Arrow Minerals or the Company) is pleased to report the results of its detailed soil geochemical survey conducted over the 10km Sanguie- Semapoun structural corridor at the Vranso Project, Burkina Faso.
Figure 1. Soil geochemical gold assay results highlighting anomalous gold bearing structures.
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Through December and January, Arrow undertook a detailed soil sampling program over the Sanguie- Semapoun structural corridor on 400m spaced lines and 50m centres. A total of 2,032 sites were sampled and dispatched to ALS in Ouagadougou for gold analysis by fire assay.
In conjunction with this field work, our joint venture partner, Trevali Mining, provided Arrow with access to historical soil sample pulps that had previously only been assayed for base metals. Arrow submitted these pulps for gold analysis.
The results of both soil sets of geochemical analysis highlighted and confirmed that the Sanguie- Semapoun structural corridor consists of multiple sub-parallel gold mineralised structures (Figure 1).
Drilling has only been undertaken on two of these sub-parallel systems, Guido and Semapoun, successfully identifying the occurrence of gold mineralisation at both prospects. Five newly confirmed sub-parallel systems, all extending for greater than 2km of strike, remain to be drill tested. A detailed structural analysis is underway to provide additional information to provide a vector toward the better grade and consistent gold bearing systems.
The gold anomalous geochemical corridor remains open to the north and south. As part of the ongoing exploration program, soil sampling is to be expanded to provide geochemical information over all areas of outcrop or shallow coverage. This information will be combined with the regional auger geochemistry information to provide a comprehensive geochemical map of the prospective Paleoproterozoic Birimian Greenstones within the Vranso Project area and define additional new gold targets.
Vranso Project
Figure 2: Vranso Project, central Burkina Faso, under explored gold bearing Paleoproterozoic Birimian Greenstone Belt.
Arrow Minerals Limited | Suite 5, 63 Hay Street, Subiaco WA 6008 | Tel +61 (8) 9383 3330 | Page 2 |
ABN 49 112 609 846 |
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The Vranso Project, located 100km west of the capital of Burkina Faso, Ouagadougou, consists of ten semi-contiguous exploration permits extending for over 80km along the main NE-SW trending Boromo Shear Zone, host to numerous multimillion-ounce gold deposits including Bissa, Bouly, Poura and Batie West. The Vranso Project encompasses 1,300 km2 of the richly gold endowed Paleoproterozoic Birimian Greenstone Belt in an area of established mining infrastructure where Arrow is applying systematic modern scientific gold exploration techniques for the first time (Figure 2).
Announcement authorised for release by Mr Hugh Bresser, Managing Director of Arrow Minerals. For further information visit www.arrowminerals.com.auor contact:
Arrow Minerals Limited
Mr Hugh Bresser
Managing Director
- info@arrowminerals.com.au
Competent Persons Statement
The information in this report that relates to Exploration Results is based on information compiled by Mr Hugh Bresser who is a Member of the Australian Institute of Geoscientists and Australasian Institute of Mining and Metallurgy. Mr Bresser is an employee of Milagro Ventures which provides executive and technical consultancy services to Arrow Minerals, Mr Bresser is in the role of Managing Director of Arrow Minerals, he has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves". Mr Bresser consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
About Arrow Minerals
Arrow Minerals Limited is a committed West African gold exploration company focused on shareholder value creation through the discovery of multi-million ounce gold deposits in Africa's Birimian Greenstone Belt through the application of systematic scientific exploration philosophies.
Arrow Minerals Limited | Suite 5, 63 Hay Street, Subiaco WA 6008 | Tel +61 (8) 9383 3330 | Page 3 |
ABN 49 112 609 846 |
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JORC Code 2012 Edition
Section 1 Sampling Techniques and Data
Criteria | JORC Code explanation | Commentary | ||
Sampling techniques | • Nature and quality of sampling (eg cut | • Samples are collected from a maximum depth of | ||
channels, random chips, or specific | 30cm below surface avoiding organic material and | |||
specialised industry standard measurement | obvious surface contamination. | |||
tools appropriate to the minerals under | • Sample size ranges between 500g and 1kg of | |||
investigation, such as down hole gamma | material passing through a 1mm sieve. | |||
sondes, or handheld XRF instruments, etc). | • Material is packaged into a MINSAM type paper | |||
These examples should not be taken as | sample bag | |||
limiting the broad meaning of sampling. | ||||
• Include reference to measures taken to | ||||
ensure sample representivity and the | ||||
appropriate calibration of any measurement | ||||
tools or systems used. | ||||
• Aspects of the determination of | ||||
mineralisation that are Material to the Public | ||||
Report. | ||||
• In cases where 'industry standard' work has | ||||
been done this would be relatively simple | ||||
(eg 'reverse circulation drilling was used to | ||||
obtain 1 m samples from which 3 kg was | ||||
pulverised to produce a 30 g charge for fire | ||||
assay'). In other cases more explanation | ||||
may be required, such as where there is | ||||
coarse gold that has inherent sampling | ||||
problems. Unusual commodities or | ||||
mineralisation types (eg submarine nodules) | ||||
may warrant disclosure of detailed | ||||
information. | ||||
Drilling techniques | • Drill type (eg core, reverse circulation, open- | • | N/A | |
hole hammer, rotary air blast, auger, | ||||
Bangka, sonic, etc) and details (eg core | ||||
diameter, triple or standard tube, depth of | ||||
diamond tails, face-sampling bit or other | ||||
type, whether core is oriented and if so, by | ||||
what method, etc). | ||||
Drill sample recovery | • Method of recording and assessing core and | • | N/A | |
chip sample recoveries and results | ||||
assessed. | ||||
• Measures taken to maximise sample | ||||
recovery and ensure representative nature | ||||
of the samples. | ||||
• Whether a relationship exists between | ||||
sample recovery and grade and whether | ||||
sample bias may have occurred due to | ||||
preferential loss/gain of fine/coarse material. | ||||
Logging | • Whether core and chip samples have been | • Description of sample (soil type, regime, | ||
geologically and geotechnically logged to a | landscape, colour, Geology, Slope direction, is | |||
level of detail to support appropriate Mineral | recorded | |||
Resource estimation, mining studies and | ||||
metallurgical studies. | ||||
• Whether logging is qualitative or quantitative | ||||
in nature. Core (or costean, channel, etc) | ||||
photography. | ||||
• The total length and percentage of the | ||||
relevant intersections logged. | ||||
Sub-sampling techniques | • If core, whether cut or sawn and whether | • All material is collected from the recorded depth | ||
and sample preparation | quarter, half or all core taken. | and mixed prior to sieving. | ||
• If non-core, whether riffled, tube sampled, | ||||
rotary split, etc and whether sampled wet or |
dry.
• For all sample types, the nature, quality and appropriateness of the sample preparation technique.
• Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.
• Measures taken to ensure that the sampling
Arrow Minerals Limited | Suite 5, 63 Hay Street, Subiaco WA 6008 | Tel +61 (8) 9383 3330 | Page 4 |
ABN 49 112 609 846 |
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Criteria | JORC Code explanation | Commentary |
is representative of the in situ material | ||
collected, including for instance results for | ||
field duplicate/second-half sampling. | ||
• Whether sample sizes are appropriate to the | ||
grain size of the material being sampled. | ||
Quality of assay data and | • The nature, quality and appropriateness of | • Duplicate samples are collected every20th site. |
laboratory tests | the assaying and laboratory procedures | |
used and whether the technique is | ||
considered partial or total. | ||
• For geophysical tools, spectrometers, | ||
handheld XRF instruments, etc, the | ||
parameters used in determining the analysis | ||
including instrument make and model, | ||
reading times, calibrations factors applied | ||
and their derivation, etc. | ||
• Nature of quality control procedures adopted | ||
(eg standards, blanks, duplicates, external | ||
laboratory checks) and whether acceptable | ||
levels of accuracy (ie lack of bias) and | ||
precision have been established. | ||
Verification of sampling | • The verification of significant intersections by | • N/A |
and assaying | either independent or alternative company | |
personnel. | ||
• The use of twinned holes. | ||
• Documentation of primary data, data entry | ||
procedures, data verification, data storage | ||
(physical and electronic) protocols. | ||
• Discuss any adjustment to assay data. | ||
Location of data points | • Accuracy and quality of surveys used to | • Sample Site positions for the soil sampling |
locate drill holes (collar and down-hole | program were located with handheld GPS (+/- 2m) | |
surveys), trenches, mine workings and other | • Coordinates are reported in this document using | |
locations used in Mineral Resource | WGS84 Zone 30N. | |
estimation. | • Topographic control is either mm scale accuracy | |
• Specification of the grid system used. | through survey, or established using handheld | |
• Quality and adequacy of topographic control. | GPS (+/- 2m) | |
Data spacing and | • Data spacing for reporting of Exploration | • Data reported represents single point data. |
distribution | Results. | • No Mineral Resource and Ore Reserve estimation |
• Whether the data spacing and distribution is | procedure(s) and classifications applied. | |
sufficient to establish the degree of | • No sample compositing applied. | |
geological and grade continuity appropriate | ||
for the Mineral Resource and Ore Reserve | ||
estimation procedure(s) and classifications | ||
applied. | ||
• Whether sample compositing has been | ||
applied. | ||
Orientation of data in | • Whether the orientation of sampling | • Single point data, orientation in relation to |
relation to geological | achieves unbiased sampling of possible | geological structure(s) unknown. |
structure | structures and the extent to which this is | |
known, considering the deposit type. | ||
• If the relationship between the drilling | ||
orientation and the orientation of key | ||
mineralised structures is considered to have | ||
introduced a sampling bias, this should be | ||
assessed and reported if material. | ||
Sample security | • The measures taken to ensure sample | • Samples secured in single sample bag then zip |
security. | locked into large rice bags and dispatched via | |
courier to ALS laboratory in Ouagadougou at | ||
which point the laboratory takes control as part of | ||
chain of custody. | ||
• Historical pulps were securely stored at the Perkoa | ||
Mine site and transported by vehicle directly to the | ||
BUMIGEB laboratory at which point the chain of | ||
custody is transferred to the laboratory. | ||
Audits or reviews | • The results of any audits or reviews of | • None conducted as is considered unwarranted at |
sampling techniques and data. | this early stage. |
Arrow Minerals Limited | Suite 5, 63 Hay Street, Subiaco WA 6008 | Tel +61 (8) 9383 3330 | Page 5 |
ABN 49 112 609 846 |
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Arrow Minerals Limited published this content on 13 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 March 2022 21:33:07 UTC.