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Shallow high-grade gold hits for Arrow in Burkina Faso

ASX-listed explorer, Arrow Minerals continues to deliver significant shallow gold intercepts from its recently completed drilling campaign at the Dassa discovery in Burkina Faso. A stand-out hit of 14 metres grading 3.24 grams per tonne gold from just 23m depth leads an assembly of positive results released this week.

Other notable intercepts include 6m grading 4.04 g/t gold from 43m down-hole and 13m at 2.42 g/t from just 6m.

Importantly, the drilling has extended the mineralised zone from around 500m as previously reported to over 900m. The gold mineralisation continues along strike and extends to a depth of more than 150m according to the company.

The recently completed campaign at Dassa added over 4,000m of drilling to the prospect, bringing the total number of metres put down by Arrow at Dassa to over 12,000m since the discovery was first made in early 2020.

Previous shallow drilling results include 17m grading 3.3 grams per tonne gold from only 2m and a serious 33m hit that went 1.9 g/t gold from 21m in a separate hole.

The company has no plans to slow down either and is expanding its footprint in Burkina Faso through a strategic exploration agreement with the Toronto listed, Trevali Mining.

Under the agreement, Arrow will have the right to perform gold exploration over the Trevali permits for a 51 per cent interest in any gold resources that are discovered. The agreement is reciprocated with Trevali having the right to undertake base metals exploration on Arrow’s tenements.

The new combined tenement package consists of 1024 square kilometres and covers eight exploration licenses.

These very positive results at Dassa give us confidence that the Dassa gold deposit has the continuity, grade and thickness that we were hoping for. This puts us in a position where we can continue to expand Dassa while advancing several nearby advanced and early-stage projects to realise an emerging gold district in western Burkina Faso.

Confirming the mineralisation potential at Dassa is particularly significant in light of the recently signed agreement to explore on a contiguous permit block held by Trevali Minerals. The resulting exploration area holds high potential for additional gold mineralisation along more than 80 km of the same prospective Boromo Greenstone Belt that hosts the Dassa discovery.

The Dassa prospect is part of the Divole West permit. Whilst the current campaign has focused on the northern section of the tenement, gold mineralisation is also present in the southern zones. As reported by the company in August last year, results from auger sampling extended the gold anomalism by a further 2km to the south of current drilling providing another compelling target to be tested.

Arrow is planning an expanded exploration programme at Dassa, the nearby Divola East Project and the Trevali suite of tenements in the second quarter of this year.

Burkina Faso is no stranger to multi-million-ounce gold deposits either. The 7.7 million-ounce Essakane mine operated by New York Stock Exchange-listed IAMGOLD Corporation and the 5.8 million-ounce Bombore mine run by Toronto listed Orezone Gold Corporation are just two examples of many.

With gold continuing to trade at very profitable levels and Arrow managing to consistently hit paydirt at Dassa, all eyes will be focused on this ASX-listed company as it seeks to eke out a golden future for itself in the richly endowed African region.

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

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