NAKO GOLD PROJECT

  • NAKO GOLD PROJECT

Arrow Minerals has a 100% interest in 1,150km2 of exploration licences at the Strickland Gold Project, located 100km west of Menzies and 180km north of Southern Cross in the Eastern Goldfields. The Strickland Gold Project covers over 100 strike kilometres of greenstone belts and straddles the Evanston and Yuinmery Shear Zones. The Menzies and Southern Cross Regions contain over 20 million ounces of known gold endowment.

Figure 1

Figure 1: Nako project location and relationship to
Hounde South project on regional geology

The Nako gold project was acquired in 2017. There is little historical mineral exploration over the project areas, with only broadly spaced regional stream sediment sampling completed in the area by BUMIGEB (Burkina government geological survey).

Gold anomalism was detected in the BUMIGEB survey in the south-eastern segment of the Hounde South project. Follow up BLEG stream sediment sampling has been completed, however the samples have not yet been submitted for gold analysis.

The Nako project is located in the southern Boromo belt to the north of major gold and copper-gold systems at Batie West (Centamin) and Gaoua (B2Gold). The project encompasses the major Boromo Shear Zone corridor where it coincides with the eastern flank of a major granitoid batholith. A large intermediate intrusion complex hosts porphyry-style (Cu-Au) mineralisation in the tenement block. The Kunche deposit in Ghana is located on a parallel structural corridor some 30km SE of Nako.

Regional stream sediment sampling by BUMIGEB indicated the presence of significant gold anomalism up to 75ppb in the northern part of the project. Follow-up BLEG stream sediment sampling has been completed, however the samples have not yet been submitted for gold analysis.

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