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Golden Arrow Property Summary
- Walker Lane - small past producer from underground epithermal veins
- Property covers +5 sq. miles (1,313 HA)
- Extensive major company modern exploration (disseminated, low grade targets) outlined a 290,000 to 477,000 ounce gold resource at 0.03 opt (1.1 g/t) Au grade
- Several high grade (plus 1 opt or 34 g/t Au) drill intercepts were not followed up systematically to determine extent of high grade vein mineralization:
- 15 feet @ 1.7 opt Au (4.6 metres @ 58 g/t Au).
- 29 feet @ 0.4 opt Au (8.8 metres @ 13.7 g/t Au), inc. 8 feet @ 0.95 opt Au (2.5 metres @ 32.6 g/t Au).
- 10 feet @ 0.87 opt Au (3 metres @ 29.8 g/t Au).
- 15 feet @ 0.6 opt Au (4.6 metres @ 20.6 g/t Au).
- 15 feet @ 0.47 opt Au (4.6 metres @ 16.1 g/t Au).
- 5 feet @ 2.95 opt Au (1.5 metres @ 101 g/t Au).
- 5 feet @ 1.88 opt Au (1.5 metres @ 64.5 g/t Au).
- Over 3.4 miles (5 km) strike of historic productive veins with high grade targets - these veins were not drilled during modern exploration
- Bonanza acquired the property in late 1999, focus thus far has been data cleaning and processing, and 3-D (Vulcan) modeling to refine drill targets
- Minimum three (3) targets drill ready
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