Arrow Minerals launches strategic drilling

Arrow Minerals (ASX:AMD) has commenced its first drilling program at the Niagara Bauxite Project in Guinea. This initiative aims to establish a maiden Mineral Resource and conduct a scoping study. The drilling will target three of nine known bauxite areas. The program includes around 150 drill holes over 2,000 meters.

Strategic goals and future outlook

Arrow Minerals' maiden drilling program at the Niagara Bauxite Project marks a significant step in resource development in Guinea. The program aims to establish a Mineral Resource and conduct a scoping study, with results expected later this quarter. The company has identified strategic opportunities through its proximity to the Simandou rail line, enhancing its logistical capabilities. Arrow Minerals is focused on creating value through the development of bauxite and iron ore prospects, with a strong emphasis on community engagement and leveraging existing infrastructure for project success.

Executive insights on drilling program

The drilling program will consist of approximately 150 drill holes, spanning a total of 2,000 meters, with the potential to collect up to 10 bulk samples for early assessment of bauxite quality for alumina refinery customers. The drilling is anticipated to conclude by mid-December, with results expected later in the quarter, providing data for resource estimation and a scoping study scheduled for the first half of 2025.