Canadian Arrow Mines reports the discovery of a second new nickel-copper zone on its Turtlepond Lake group of properties in northwestern Ontario.
The Sudbury junior miner said two holes drilled to test its Double E target returned significant values of platinum, palladium, gold and silver mineralization.
One hole intersected two separate zones spaced 105 metres apart down the hole.
The company said the upper intersection is “distinctively higher” in precious metal content than known nickel-copper occurrences in the region.
The holes were to follow-up the company's 2008 airborne geophysical survey.
This new Double E zone is the second mineralized zone identified by Canadian Arrow in an area that has no previous exploration history.
In a Jan. 12th news release, company president Kim Tyler was “pleased and particularly intrigued” with the discovery of PGM mineralization at Double E. It may indicate a new precious metal base of nickel-copper mineralization in the region. The company plans more follow-up drilling on targets there this season.
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