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Arrow unlocks expanding West African gold system

West African gold explorer Arrow Minerals is unlocking the significant gold potential of its Vranso project in Burkina Faso with recent holes confirming mineralisation at two prospects and extending it by 1,000 metres at another.

The company recently fired a volley of 35 reverse circulation drill holes for 3,472m across three priority prospects with its highest-grade result of one metre going just over 3 grams per tonne gold.

The Guido prospect now looks like Swiss cheese after capturing 19 of the 35 holes for a total of 2,288m of drilling. Notable intercepts include 8m grading 2.1 g/t gold from 83m and 17m going 1.06 g/t gold from a shallow 21m.

Heading northeast the proximal prospect Semapoun received 10 holes for 760m of drilling and the best reported result was 6m that gave up another 1.06 g/t gold from 31m.

A short and sharp 424m drill campaign over six holes was undertaken at the Dassa prospect that rounded out the campaign with a hit of 5 metres going 1.41 g/t gold from 59m downhole. Notably, the holes unearthed mineralisation one kilometre to the south along strike from the nearest previous drill hole and according to the company confirm the continuation of a mineralised system at Dassa.

The result brings the interpreted strike of the known shallow oxide mineralised system at Dassa to more than 4kms. Arrow’s modelling suggests the deposit comes to the surface, extends more than 300m downdip and ranges from 2m to 15m in thickness. The gold explorer says further drilling is required to clearly define the extent and magnitude of the Dassa deposit

Arrow says it will scan the subsurface of the Vranso project with an airborne magnetic survey expected to commence shortly.

The Vranso project is located about 100 kilometres west of the capital of Burkina Faso, Ouagadougou. The project consists of ten semi-contiguous exploration permits spanning more than 80km along the prospective Boromo Shear Zone. The shear zone hosts numerous multi-million-ounce gold discoveries including the Bissa, Bouly, Poura and Batie West deposits.

The company says it plans to rapidly progress its portfolio in what it considers Africa’s fastest emerging gold producing region using aggressive, modern and systematic exploration techniques.

It appears the demand for gold is coming to another boil with the market tracing its rise from $2,485 at the end of last month to over US$1900 an ounce during intraday trading.

With a grab bag of exciting prospects and the market steadily turning more to gold, it looks as though Arrow is timing its run well.

Is your ASX-listed company doing something interesting? Contact: matt.birney@wanews.com.au

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