NEW: No-Cost Streetwise Live! Events. This type of intellectual capital is usually not made available to the general public. Learn More

Get the Latest Investment Ideas Delivered Straight to Your Inbox.

News Update

TICKERS: GRG; GARWF; G6A

Explorer Commences Drilling at Paraguay Gold Project
News Update

Share on Stocktwits

Source:

To start, Golden Arrow Resources plans a 500-meter diamond drill program.

Tierra Dorada quartz boulder

Golden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A:FSE) started drilling at its Tierra Dorada gold project in Paraguay, it announced in a news release.

With its 500-meter diamond drill campaign, the Vancouver-based explorer will test the Alvaro target area, which is located in the southern section of the two-block property. Previous surface and trench sampling there demonstrated multiple veins that returned high-grade gold mineralization, the company stated. Golden Arrow will test at least eight of those vein showings, including the hanging wall and footwall rocks that were not amenable to trench sampling.

The program is expected to take about a month, however, while it is in progress, the company stated that it may decide to expand it.

At the same time, Golden Arrow will continue with regional mapping along with rock and stream sampling in both of Tierra Dorada's property blocks. An induced polarization survey is planned for when Paraguay's COVID-19 restrictions are loosened and the company's geophysical team in Chile may enter the country, the company reported.

[NLINSERT]

Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Golden Arrow Resources. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Golden Arrow Resources, a company mentioned in this article.




Learn More about Streetwise Reports Live

Want to read more about Gold investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe