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CONNECT
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Arrowhead has spent the last several years focused on Guyana’s underexplored gold regions, and is now developing several properties in an area with an extensive history of gold production over the past century.
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Arrowhead Gold Channel
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PURUNI GOLD PROJECT Arrowhead owns a 100% interest in the Puruni Gold Project, a contiguous land block comprising 5 Mining Permits, and 1 Prospecting Permit-Medium Scale, totaling approximately 3600 hectares (~9000 acres).
The property is located about 160 kms southwest of Georgetown. The property is accessible by road, helicopter or river boat. The Puruni Project area has a well documented history of alluvial mining in the active river channel and saprolite mining on land adjacent to the river bank.
In early 2009, while mining the saprolite and elevated gravel terraces adjacent to the river bank, two high grade veins were uncovered.
An estimated 3,000 ounces of gold was recovered from these quartz veins using crude crushing and sluicing techniques in just over 4 months.
In August 2010, Arrowhead announced the completion of a NI 43-101 Technical Report for the Puruni Gold Project. Ulrich H. Kretschmar PhD, P.Geo, the author of the report, collected 15 samples of bedrock quartz veins material with visible gold from the property.
The quartz veins grab samples returned gold assays of:
Arrowhead has completed a systematic soil sampling and IP program. Drill targets are defined and the company will commence a 2000 metre drill program in September 2011. |
