The Pescado gold project is located 10 km south of Yamana's Gualcamayo 3.5 Moz gold mine in eastern San Juan Province, Argentina. The project is 100% owned by Golden Arrow and comprises 19,400 ha in 6 licenses. The property lies in the PreCordillera region with elevations ranging from 1500m to 2500m above sea level.
Geology
Gold mineralization at the Pescado project is hosted by structural zones within Paleozoic sediments in close proximity to tertiary intrusive bodies. Detailed airborne magnetic surveys have identified two large intrusive bodies at the intersections of major regional faults within the project boundaries. Strong gold geochemical anomalies (up to 17 g/t Au) co-incident with the magnetic anomalies are consistent with the potential for discovery of a major Carlin-style gold deposit similar to Yamana's Gualcamayo mine 10km to the north.
Access
The main prospects that have been identified to date can all be accessed by 4x4 truck and exploration work can be conducted all year round basis.
Exploration History
- 1996 Grosso Group company Minas Argentinas S.A. discovers the Gualcamayo deposit and sells to Viceroy (subsequently acquired by Yamana) but retains Pescado group of properties south of the discovery area.
- 2007 Detailed helicopter magnetic survey completed.
- 2007-2008 extensive prospecting and sampling completed over properties.
For further details check the project
technical summary.
