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Arrow Minerals adds technical expertise to board with appointment of Hugh Bresser
The new director has experience in mining exploration, executive management, mergers and acquisitions, governance, government and community relations in the global resources industry. Arrow is continuing to develop gold drill targets on its Nako and Boulsa projects in Burkina Faso.
Arrow Minerals Ltd (ASX:AMD) has added technical experience to its board through the appointment of a new executive director with Hugh Bresser to serve as technical director, effective immediately.
Bresser has a career in exploration spanning more than 25 years having served in executive roles with Billiton, BHP Billiton and Birimian Ltd and he has held board positions in several listed companies.
Around 16 reverse circulation holes for 2,000 metres are planned to test for bedrock gold mineralisation. Arrow is also continuing to develop drill targets on its Nako and Boulsa projects in Burkina Faso.
Arrow Minerals Ltd (ASX:AMD) has started a 2,000-metre reverse circulation (RC) drilling program at the recently defined Poa gold prospect on Divole East exploration permit in Burkino Faso.
Drilling is aimed at defining bedrock gold mineralisation under multiple shallow geochemical anomalies at Poa and will continue at the Dassa deposits at Divole West where shallow mineralisation remains open down-dip.
A drilling program of further shallow targets on 100%-owned ground is also planned and subsequently on the permits to be explored through an agreement between Arrow and Trevali Mining Corp (TSE:TV) (OTCMKTS:TREVF).
Arrow Minerals (ASX:AMD) raises $3M to accelerate exploration
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Arrow Minerals (AMD) has received commitments to raise $3 million to accelerate its drilling and exploration programs in West Africa
500 million fully paid ordinary shares were issued to sophisticated and professional investors at 0.6 cents per share
Funds raised through the placement will go towards high impact gold exploration in West Africa and gold and base metal exploration in Australia
The placement will be issued in two tranches, with 133,238,176 shares issued by May 11, 2021 and 9,501,333 shares issued before July 2021
Arrow Minerals shares are trading flat at 0.7 cents