Arrow Minerals' groundbreaking discovery in Guinea

Arrow Minerals (ASX:AMD) has reported outstanding results from its maiden drilling program at the Niagara Bauxite Project in Guinea. The findings from 32 drill holes show high-grade bauxite with alumina grades surpassing 50% and low silica content. This discovery expands the mineralized area to over 10 km², highlighting the project's potential to become significant worldwide.

Arrow Minerals' strategic plans and future outlook

Arrow Minerals' recent drilling results underline the potential of the Niagara Bauxite Project in Guinea. With high alumina and low silica content, the project is well-positioned in the global market. Arrow has completed environmental studies and community engagement, planning to start resource modeling in January 2025. The company is leveraging the nearby Trans-Guinean Railway for logistical advantages. They are also in discussions with potential customers, indicating strong interest. Looking ahead, Arrow plans further drilling and economic studies, emphasizing sustainable development and community involvement. The project aligns with Arrow's broader strategy, including their Simandou North Iron Project.

Executive insights on Arrow Minerals' drilling success

The latest drilling results from the Niagara Bauxite Project are a significant milestone for Arrow Minerals. We are excited about the high alumina grades and the potential of this project to contribute to the global bauxite market. The location near the Trans-Guinean Railway offers strategic advantages for development and transport.