Arrow Minerals announces positive drilling assays at Simandou North Iron Project

Arrow Minerals Limited (ASX: $AMD) has announced positive drilling assays at its Simandou North Iron Project in Guinea, West Africa. The company's strategy to establish Direct Shipping Ore (DSO) operations is reinforced by the latest results from 36 holes drilled for 1,608 meters completed at Dalabatini and Kalako. The assays confirm the presence of three styles of mineralization, each with the potential to produce DSO iron products.

Executive Commentary on Drilling Assays

Arrow Minerals' Managing Director, David Flanagan, expressed satisfaction with the drilling results, stating, 'Our team has made a very strong start and delivered terrific results in a very short period. Each of the three styles of mineralization has delivered very encouraging results which present us with multiple targets across a very large system.' Flanagan also emphasized the company's commitment to building DSO operations near existing multi-user transport infrastructure and the potential for delivering lasting benefits for the people of Guinea.

Summary of Assay Results and Outlook

The latest drilling assays from Arrow Minerals at the Simandou North Iron Project have reinforced the company's strategy to establish DSO operations. The assays confirm the presence of three styles of mineralization, each with the potential to produce DSO iron products. With ongoing drilling and pending results for additional holes, Arrow Minerals remains optimistic about the project's exploration potential. The company's ambitions to develop a mining operation and take full advantage of the multi-user rail infrastructure reflect a positive outlook for the future.