Arrow Minerals Limited: Bauxite Resource Drilling in Progress

Oct 28, 2024

Arrow Minerals Limited (ASX: AMD) announced the launch of its inaugural drilling program at the Niagara Bauxite Project in Guinea. This initiative will initially concentrate on three out of nine carefully selected targets for their accessibility, proximity to the rail corridor, and cost-effective startup potential. Previous drilling by multiple owners has demonstrated the significant presence of extensive bauxite mineralization, showcasing the project's promise. Arrow is set to execute around 150 drill holes, with an initial spacing of 600 meters, narrowing to 300 meters, totaling approximately 2,000 meters. In addition, up to 10 bulk samples will be collected to assess the value-in-use characteristics of Niagara bauxite for prospective alumina refinery clients. It is anticipated that drilling will wrap up by mid-December.

Fieldwork is advancing rapidly. Arrow is actively engaging with local and regional government authorities to introduce Arrow's future activities to host communities and gather vital baseline environmental information. It is committed to fostering positive relationships and ensuring its project is a sustainable and beneficial addition to the region.

 

 

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