Arrow Minerals appoints new chairman

Arrow Minerals appoints new chairmanMap showing project location in WA
Final assays from drilling at Strickland's T6 Prospect are pending

Arrow Minerals Ltd (ASX:AMD) has elevated director Dr Frazer Tabeart to the position of non-executive chairman.

Dr Tabeart has a been a director of the company since 2014 and has extensive experience in international exploration and mining projects.

The appointment follows a busy December quarter of exploration at the 100% owned Strickland Gold Project and 49% owned Plumridge Nickel Project in Western Australia.

Arrow remains in a strong financial position with cash, receivables and investments in listed companies totalling $3.4 million at the end of the December quarter.

READ: Arrow Minerals confirms nickel-copper potential of the Plumridge Nickel Project

During the December quarter, a 4,000-metre drilling program was completed at the T6 Prospect within the Strickland Project and high-priority targets were identified at the Plumridge Project.

While the majority of Strickland’s T6 drill results have been received, a portion remains pending from the T2d prospect.

At Plumridge, three high-priority electromagnetic (EM) targets are planned to be drilled in the June quarter of this year with partner Independence Group NL (ASX:IGO).