Arrow Minerals adds technical expertise to board with appointment of Hugh Bresser

Arrow Minerals adds technical expertise to board with appointment of Hugh BresserArrow Minerals Ltd - Arrow Minerals adds technical exploration to the board with appointment of Hugh Bresser
Arrow is continuing to develop gold drill targets on its Nako and Boulsa projects in Burkina Faso.


Arrow Minerals Ltd (ASX:AMD) has added technical experience to its board through the appointment of a new executive director with Hugh Bresser to serve as technical director, effective immediately.

Bresser has a career in exploration spanning more than 25 years having served in executive roles with Billiton, BHP Billiton and Birimian Ltd and he has held board positions in several listed companies.

He has experience in mining exploration, executive management, mergers and acquisitions, governance, government and community relations in the global resources industry.

Boosting capability to add value

Arrow chairman Frazer Tabeart said: “As Arrow moves from greenfield exploration to expanding its existing deposits and growing the company, the appointment of Bresser adds a level of expertise in technical and corporate aspects of exploration that will allow us to move ahead rapidly, efficiently and effectively.

“Hugh’s expertise has been well demonstrated in global companies such as BHP Billiton, as well as in Africa-focused enterprises such as Birimian Ltd.

“We are delighted to welcome Hugh to the board and to the technical team.

“He will join a group of experienced professionals that have taken assets from acquisition to discovery in less than two years and will boost that capability to add value.”

Bresser holds a BSc (Hons – First Class) in geology from James Cook University and an MBA from Melbourne Business School, Mt Eliza and is a member of the AusIMM and AIG.

RC drilling at Poa prospect

The company started a 2,000-metre reverse circulation (RC) drilling program at the recently defined Poa gold prospect on Divole East exploration permit in Burkino Faso in May.

Drilling is aimed at defining bedrock gold mineralisation under multiple shallow geochemical anomalies at Poa and will continue at the Dassa deposits at Divole West where shallow mineralisation remains open down-dip.

A drilling program of further shallow targets on 100%-owned ground is also planned and subsequently on the permits to be explored through an agreement between Arrow and Trevali Mining Corp (TSE:TV) (OTCMKTS:TREVF).

Drilling is expected to continue through quarter four 2021, pausing only during the rainy season to ensure safe and efficient operations.

Arrow Minerals hits ground running with RC drill program in Burkina Faso

Arrow Minerals hits ground running with RC drill program in Burkina Faso


Arrow Minerals Ltd's (ASX:AMD) Howard Golden tells Proactive's Andrew Scott they've started a 2,000-metre reverse circulation drilling program at the recently defined Poa gold prospect on the Divole East exploration permit in Burkina Faso. Drilling is aimed at defining bedrock gold mineralisation under multiple shallow geochemical anomalies at Poa and will continue at the Dassa deposits at Divole West where shallow mineralisation remains open down-dip.

Arrow Minerals begins 2,000-metre RC program at new Poa prospect among gold target-rich environment in Burkina Faso

Arrow Minerals begins 2,000-metre RC program at new Poa prospect among gold target-rich environment in Burkina FasoArrow Minerals Ltd - Arrow Minerals begins 2,000-metre gold RC program at the recently defined Poa prospect in Burkina Faso
Arrow is also continuing to develop drill targets on its Nako and Boulsa projects in Burkina Faso.


Arrow Minerals Ltd (ASX:AMD) has started a 2,000-metre reverse circulation (RC) drilling program at the recently defined Poa gold prospect on Divole East exploration permit in Burkino Faso.

Drilling is aimed at defining bedrock gold mineralisation under multiple shallow geochemical anomalies at Poa and will continue at the Dassa deposits at Divole West where shallow mineralisation remains open down-dip.

A drilling program of further shallow targets on 100%-owned ground is also planned and subsequently on the permits to be explored through an agreement between Arrow and Trevali Mining Corp (TSE:TV) (OTCMKTS:TREVF).

Drilling is expected to continue through quarter four 2021, pausing only during the rainy season to ensure safe and efficient operations.

Positioned to “unlock value systematically”

Managing director Howard Golden said: “Arrow’s exploration in Burkina Faso, along with its new arrangement with neighbouring Trevali Mining, has provided the company with a target-rich environment comprising multiple high-grade aircore and RC gold intersections to follow-up.

“This plethora of gold positions, just kilometres from Arrow’s Dassa gold deposit puts us in a position to unlock value systematically and rapidly in this underexplored and highly mineralised gold district in western Burkina Faso.

“Arrow is now well-positioned with drill-ready targets, an experienced team in place, and a sound financial footing to allow an aggressive and effective field programme to continue in the coming months.”

Historical exploration data analysed

Arrow has completed 16,343 metres of RC drilling to date on the Burkina Faso exploration permits with success in discovering and advancing several projects including the definition of the Dassa deposit on the Divole West Permit.

The company has analysed all historic exploration data from its exploration work as well as data from the Arrow-Trevali JV permits by Trevali and the previous landholder, Blackthorn Minerals.

This analysis prioritised numerous high-quality drilling targets, including the Poa target, on the 100%-owned Divole East permit where drilling is underway.

Poa will be one of the first targets to be tested in this program.

Drilling to extend through 2021

Drilling at Poa, Dassa, the Arrow-Trevali permits and other Arrow targets is planned to extend through the end of 2021, with a brief pause expected during the seasonal heavy rains in quarter three.

Exploration results from this exciting program will be released as they become available.

Other Arrow projects

While work continues on Arrow and adjacent Arrow-Trevali targets, the company is continuing to develop drill targets on its Nako and Boulsa projects in Burkina Faso.

Also in Burkina Faso, Arrow’s JV partner Roxgold is undertaking auger sampling to generate gold targets on the Hounde South JV.

Concurrently in Western Australia analysis of samples from recent drilling at the Strickland volcanogenic massive sulphide (VMS) copper-gold project is in progress.

Arrow Minerals cashed-up and planning to accelerate exploration in Burkina Faso

Arrow Minerals cashed-up and planning to accelerate exploration in Burkina Faso


Arrow Minerals Ltd's (ASX:AMD) Howard Golden speaks to Proactive's Andrew Scott soon after announcing they've received commitments from qualified sophisticated and professional investors to raise $3 million through the issue of 500 million shares at 6 cents per share. Golden says they're now in a position to rapidly define and grow its gold targets in Burkina Faso – at both its 100%-owned Arrow discoveries and those recently accessed through the recent deal with Trevali Mining.

Arrow Minerals raises $3 million in strongly supported placement to accelerate exploration on multiple high-grade gold targets

Arrow Minerals raises $3 million in strongly supported placement to accelerate exploration on multiple high-grade gold targets Arrow Minerals Ltd -
The issue price of 6 cents per Share represents a 24.63% discount to the 20-day VWAP of 8 cents per share.


Arrow Minerals Ltd (ASX:AMD) has received commitments from qualified sophisticated and professional investors to raise $3 million through the issue of 500 million shares at 6 cents per share.

The placement includes participation by directors of the company, who have subscribed for 9,501,333 shares, the issue of which will be subject to shareholder approval at Arrow’s next general meeting.

Positioned to rapidly grow targets

Managing director Howard Golden said: “Arrow Minerals is now in a position to rapidly define and grow its multiple high-grade gold targets in Burkina Faso, at both its 100%-owned Arrow discoveries and those recently accessed through the recent binding term sheet to enter into a JV agreement over adjacent permits with Trevali Mining.

“The extensive 1,000 square kilometre licence area contains multiple zones of high-grade gold found in recent and historical drilling and sampling.

“This capital raising will allow us to accelerate our exploration efforts and rapidly grow known gold mineralisation with the goal of unlocking a new gold district in the Boromo Greenstone Belt in southwest Burkina Faso.

“The accelerated program in Burkina Faso will continue in parallel with the ongoing copper-gold exploration in Western Australia.”

Two tranches

Arrow will complete the placement in two tranches:

  • Tranche 1 – will utilise the company’s existing placement capacity under ASX Listing Rule 7.1 for up to 199,857,264 shares and ASX Listing Rule 7.1A for up to 133,238,176 shares to be issued on or around Tuesday, May 11; and
  • Tranche 2 is subject to shareholder approval at a general meeting of shareholders scheduled to take place before July 2021.

The issue price of 0.6 cents per share represents a 24.63% discount to the 20-day VWAP of 0.8 cents per share.

Use of funds

Funds raised will be used to undertake high impact gold exploration in West Africa and gold and base metal exploration in Australia, including:

  • Divole West – Further drilling (beginning Q3 2021) to increase size of existing deposit along the 3-kilometre-long mineralised corridor;
  • Divole East – Follow-up of significant soil and auger geochemical anomalism with auger and RC drilling (Q2 2021);
  • Dyapya – Follow-up of soil geochemical anomalies using auger and RC drilling (Q3 2021);
  • Trevali JV permits, regional-scale – stream sediment sampling program to define targets for drill testing (Q2 2021);
  • Trevali JV permits, project-scale – RC drilling and auger (Q2 2021) to expand known high-grade mineralisation and define continuity where historical drilling has encountered gold mineralisation; and
  • General working capital purposes.

Arrow Minerals in trading halt with capital raising announcement pending

Arrow Minerals in trading halt with capital raising announcement pendingArrow Minerals Ltd - Arrow Minerals in trading halt with capital raising announcement pending
The halt will remain in place until May 4 or when an announcement is released to the market.


Arrow Minerals Ltd (ASX:AMD) has been granted a trading halt by the ASX with an announcement pending in regard to a proposed capital raising.

The halt will remain in place until the beginning of regular trade on Tuesday, May 4, or when an announcement is released to the market, whichever occurs earliest.

Unlocking the gold potential

The company has its sights set on unlocking the gold potential of the Boromo Belt in Burkina Faso and is ramping up exploration on its 1,500 square kilometre project.

Its primary focus is to on grow the known Dassa gold deposit and drilling is being carried out at several advanced targets while work is also intending to define multiple high-quality anomalies for drilling.

The objective is to define a critical mass of gold mineralisation in a small radius around highly prospective structural locations along the Boromo Belt.

“Aggressive program”

The bulk of the work is near Dassa, with concurrent regional definition along a newly acquired > 85-kilometre portion of the fertile Boromo Greenstone Belt, now accessible through a combination of 100%-owned permits and a recent binding term sheet to enter into a JV with Trevali Mining Corp (OTCMKTS:TREVF) (TSE:TV) (FRA:4TI).

Arrow managing director Howard Golden said: “Arrow is preparing to launch an aggressive program to unlock the immense potential of its position on the Boromo Greenstone Belt in Burkina Faso.”

Arrow Minerals gears up to drill advanced targets in Burkina Faso as it seeks to unlock gold potential of Boromo Belt

Arrow Minerals gears up to drill advanced targets in Burkina Faso as it seeks to unlock gold potential of Boromo BeltArrow Minerals Ltd - Arrow Minerals gears up to drill advanced targets in Burkina Faso
The company plans to undertake RC drilling in the current quarter and diamond drilling in the first quarter of 2022.


Arrow Minerals Ltd (ASX:AMD) has its sights set on unlocking the gold potential of the Boromo Belt in Burkina Faso and is ramping up exploration efforts on its 1,500 square kilometre project.

The company is focused on growing the known Dassa gold deposit and drilling several advanced targets, as well as working to define multiple high-quality anomalies for drilling.

Its objective is to define a critical mass of gold mineralisation in a small radius around highly prospective structural locations along the Boromo Belt.

“Aggressive program”

The bulk of the work will be near Dassa, with concurrent regional definition along a newly acquired > 85-kilometre portion of the fertile Boromo Greenstone Belt, now accessible through a combination of 100%-owned permits and a recent binding term sheet to enter into a JV with Trevali Mining Corp (OTCMKTS:TREVF) (TSE:TV) (FRA:4TI).

Arrow managing director Howard Golden said: “Arrow is preparing to launch an aggressive program to unlock the immense potential of its position on the Boromo Greenstone Belt in Burkina Faso.

“With two deposits in hand, 12 prospects already advanced with high-grade intersections and a large swathe of the greenstone belt ready for exploration, we have the luxury of a target-rich environment in which to work.

“The collection of drilling and other enabling data on our significant portion of the belt will be a priority for Arrow for the remainder of the year.”

Boromo Belt with Arrow permits, Trevali permits and targets for 2021.

Trevali JV permit block

Trevali permits host multiple partly defined high-quality gold targets from limited historical work, including the Guido deposit.

The recent JV deal with Trevali has provided Arrow with a step-change in accessing highly prospective ground with widespread gold anomalism and multiple existing targets requiring drill testing within the next 12 months following modest additional anomaly definition work.

From 2009 to 2012 Blackthorn Resources explored for gold on permits currently held by Trevali and included in the recently signed JV agreement with Arrow.

Results from RAB, RC and diamond drilling include:

  • 24 metres at 2.3 g/t gold from 18 metres;
  • 2 metres at 7.6 g/t from 0 metres;
  • 4 metres at 6.5 g/t from 6 metres;
  • 417 metres at 2.4 g/t from 57 metres;
  • 15 metres at 4.1 g/t from 39 metres;
  • 4 metres at 3.2 g/t from 130 metres;
  • 2 metres at 6.6 g/t from 26 metres;
  • 4.3 metres at 4.4 g/t from 116 metres; and
  • 4 metres at 5.2 g/t from 88 metres.

Trevali has also advanced work on their permits for gold as well as base metals, with RC drilling defining numerous high-grade zones for follow-up including:

  • 4 metres at 11.45 g/t from 48 metres;
  • 4 metres at >25 g/t from 12 metres;
  • 4 metres at 12.5 g/t from 20 metres; and
  • 4 metres at >25 g/t from surface.

100% Arrow permits

The results from the Trevali JV permits, combined with the Dassa and Dassa South deposit and mineralised zone respectively, and the Divole Main and Divole Fold nose zones already comprise a large gold-bearing district.

When added to the regional prospectivity across the Boromo Belt to be explored by Arrow it represents a very large and productive exploration space.

The Dassa deposit has shown 1-kilometre x 360 metres consistent gold mineralisation dipping shallowly from surface, largely in the oxidised zone including the following intersections:

  • 6 metres at 4.0 g/t from 43 metres;
  • 13 metres at 2.4 g/t from 6 metres;
  • 12 metres at 1.2 g/t from 15 metres;
  • 13 metres at 2.4g/t from 31 metres;
  • 33 metres at 1.9g/t from 21 metres;
  • 8 metres at 2.5 g/t from 112 metres;
  • 13 metres at 1.4 g/t from 31 metres; and
  • 14 metres at 3.2 g/t from 23 metres.

At Divole Main, Divole Fold Nose and Poa, intersections from RC drilling included:

  • 9.9 metres at 4.3 g/t from 48 metres;
  • 8 metres at 1.7 g/t from 125 metres;
  • 17 metres at 1.2 g/t from 41 metres;
  • 3 metres at 3.7 g/t from 53 metres; and
  • 7.5 metres at 1.6 g/t from 65 metres.

In addition, Arrow also completed auger drilling in the southwest corner of Divole East, defining a high-grade coherent auger anomaly targeted for upcoming drilling.

Twelve-month Boromo Belt work program.

Proposed 2021 work program

The company is progressing towards its goal of consolidation of several advanced projects and deposits into a unified mineralised district.

Work proposed for the coming 12 months includes all stages of exploration to advance the many existing high-quality targets along the Boromo Belt, as well as regional studies to deliver more targets for testing.

Arrow Minerals confident ahead of drill program next month at Strickland VMS project

Arrow Minerals confident ahead of drill program next month at Strickland VMS project


Arrow Minerals Ltd's (ASX:AMD) Howard Golden caught up with Proactive's Andrew Scott soon after announcing they'll start reverse circulation drilling at its Strickland volcanogenic massive sulphide project in Western Australia next month. The company has identified five high-quality copper-gold VMS drill targets using historical surface and drilling geochemical data followed up with field mapping and airborne electromagnetic surveys.

Arrow Minerals about to start drilling copper-gold VMS targets at Stricklands

Arrow Minerals about to start drilling copper-gold VMS targets at StricklandsArrow Minerals Ltd - Arrow Minerals about to start drilling copper-gold VMS targets at Stricklands
Arrow has received all approvals from governmental agencies and traditional owners of the land.


Arrow Minerals Ltd (ASX:AMD) will start reverse circulation (RC) drilling at its Strickland volcanogenic massive sulphide (VMS) project in Western Australia in April 2021.

The company has identified five high-quality copper-gold VMS drill targets using historical surface and drilling geochemical data followed up with field mapping and airborne electromagnetic surveys.

All targets exhibit highly anomalous geochemistry and EM signatures typical of VMS copper-gold deposits such as the Golden Grove deposit also in Western Australia.

Five “high-quality targets”

Arrow’s managing director Howard Golden said: “We have five exciting drill targets at Strickland.

“The strong discrete geophysical anomalies along with the coincident high-grade copper, gold, silver and pathfinder elements in the right geological setting have generated high-quality targets.”

Strickland drilling program

The Strickland VMS Project was historically explored by Arrow Minerals’ geologists for gold.

In 2020, geologists undertook a re-analysis of all the historical data at Strickland and recognised the geological and geochemical signatures typical of VMS copper-gold mineralisation.

Based on those findings and subsequent field visits, SkyTEM airborne electromagnetic surveys were completed over five anomalous areas.

The results yielded five drill-ready targets that exhibit coincident geophysical, geochemical and geological anomalism consistent with VMS copper and gold-bearing massive sulphides.

Previous historical work at Strickland comprised iron ore exploration and until 2020 has included regional airborne geophysics, surface sampling and shallow drilling, all exclusively focused on the search for orogenic gold.

Golden said: “We have planned a high-impact drilling program, followed by borehole electromagnetic surveys that will efficiently and effectively test the copper-gold targets within the boreholes and in the surrounding rocks.

First base metals drilling

The planned program will be the first drilling ever undertaken for base metals in this area of Western Australia.

Arrow has now received all approvals from the appropriate governmental agencies as well as the traditional owners of the land.

These approvals have enabled the company to finalise arrangements to mobilise a drill rig to the Strickland site in the first half of April to complete an initial drilling program.

The drilling will be followed by borehole electromagnetic surveys that will allow the detection of conductive sulphide mineralisation lateral to or below the boreholes to ensure that all mineralised zones are defined for further testing.

Golden said: “The Strickland tenement is situated in a province that hosts several VMS deposits, and represents a fertile environment for further discoveries.”

Arrow Minerals talks upcoming drill plans following positive RC results at Dassa gold deposit

Arrow Minerals talks upcoming drill plans following positive RC results at Dassa gold deposit


Arrow Minerals Ltd’s (ASX:AMD) Howard Golden tells Proactive's Andrew Scott that a reverse circulation drilling program at the Dassa gold deposit on the Divole West exploration permit in Burkina Faso has expanded gold mineralisation to a strike length of more than 900 metres. New broad, high-grade results confirm that the shallow, mostly oxide-hosted gold mineralisation is continuous along strike and to a depth of more than 150 metres.

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