Golden Arrow Expands Sampling Efforts and Launches Trenching Program at Noemi Gold Target in Chile
Exploration Update on the Noemi Gold Target
Golden Arrow Resources Corporation (TSXV: GRG) recently provided an update regarding its exploration activities at the Noemi gold target, part of the San Pietro IOCG Project in Chile. This promising project continues to show potential with the completion of additional sampling and the initiation of a trenching program aimed at expanding understanding of the site's mineralization.
Trenching and Sampling Initiative
The Noemi target area has been under scrutiny thanks to a structural zone mapped over more than a kilometer, which exhibits a significant width—averaging 25 meters, with some parts reaching a maximum width of 40 meters at the surface. Initial chip channel sampling has yielded impressive results, including intervals of 10 meters with an average of 1.88 grams per tonne (g/t) of gold. This mineralization occurs within a network of veins and breccias.
With the goal of uncovering further extensions of this structural zone, an excavator has just completed mobilization on-site to start the trenching program, which is expected to last for about two weeks. This new initiative aims to investigate the continuation of the structure to the north and south, where it's believed to extend beneath the alluvial cover.
Recent Developments in Exploration
In the past month, Golden Arrow's exploration team collected rock chip samples from analogous structures located about 500 meters to the east and 200 meters to the west of the primary gold-hosting zone. Notably, samples have also been gathered from a potential northern extension situated 2.6 kilometers away. These samples are currently undergoing gold and multi-element assaying, with results anticipated within four to six weeks. This data will help refine exploration strategies and potentially highlight new areas with mineralization.
Brian McEwen, VP of Exploration and Development at Golden Arrow, expressed optimism regarding the ongoing exploration at the Noemi target. He emphasizes that with gold prices reaching historic highs, the discovery of new deposits could significantly increase the project’s value. This trenching program marks a critical step toward determining viable targets for future drilling.
Geological Insights from Noemi
The geological framework of the Noemi target encompasses a 2 km by 3 km area, roughly 7 kilometers south of the Rincones resource. The primary geological features consist of fine-grained andesites, tuffs, and volcaniclastic rocks, all of which are intruded by microdiorite, occasionally covered by gravel layers.
The Noemi area has revealed a significant sub-target characterized by an earlier stage alteration associated with a discernible north-south structural system, initially identified in a region approximately 1 km by 750 meters in size. This system includes a broad brecciated zone where mineral veins are filled with tourmaline-quartz-calcite-jarosite and minor occurrences of barite, specularite, and chrysocolla. Sampling has previously indicated gold values at these locations, reinforcing potential for continued exploration success.
Next Steps and Continuous Evaluation
Golden Arrow’s exploration team will keep evaluating the Noemi target and surrounding areas as part of their broader strategy. With plans to excavate up to 12 trenches totaling around 720 meters, the program is set to yield approximately 600 samples. These trenches will be essential for mapping and sampling across the identified structural zones to aid in refining future drilling targets.
As part of the continued exploration, the team has also collected an additional 52 rock chip samples from various structures identified during the mapping program, revealing different types of vein and breccia structures. The ongoing exploration is a testament to Golden Arrow's commitment to uncovering valuable mineral deposits in this promising region of Chile.
Conclusion
The recent developments at the Noemi gold target highlight Golden Arrow Resources’ proactive approach to exploration. With substantial investment in sampling and trenching, the company aims to unravel the mineral wealth hidden beneath the surface of the San Pietro Project. As results from recent assays come in, stakeholders and investors will keep a close eye on what these findings reveal about the potential for new gold and copper deposits in the area.