Niagara bauxite discovery grows to over 14sqkm as latest drilling returns exceptional grades

Arrow Minerals Limited is pleased to report more outstanding assays from its first drilling program at the Niagara Bauxite Project in Guinea.  The project is located within trucking distance (~100km) of the multi-user Trans-Guinean Railway.
Arrow has already completed the first pass of baseline environmental studies and community engagement. It has also started recruiting people from local communities to support the current operations.

Arrow has already completed the first pass of baseline environmental studies and community engagement. It has also started recruiting people from local communities to support the current operations.

Arrow Managing Director David Flanagan said, “We are extremely pleased with the outcomes of our first bauxite drilling programme at Niagara.”

“This is all within trucking distance of the Simandou multi-user railway at a time of record alumina and bauxite prices.”

“Guinea is the world’s largest and most important supplier of high-quality bauxite.  These results continue to compare favourably with the product that has made Guinea the world’s number one bauxite producer.”

“Guinea bauxite is in high demand, contributing approximately 30% of global supply with a premium product specification at 45 per cent Al₂O₃ and 3 per cent SiO₂, attracting premium pricing that is currently at all-time record highs of up to US$120/tonne CIF China.”

“With SRK’s site visit scheduled for January, we are on track to estimate our initial Mineral Resource to form the basis for our planned Scoping Study to follow in the first half of 2025.”

The latest assays from 39 holes include:

BS000153, 7 metres at 54.4 per cent Al₂O₃, 3.4 per cent SiO₂ from surface,

BS000184, 2 metres at 53.1 per cent Al₂O₃, 1.5 per cent SiO₂ from surface,

BS000152, 2 metres at 51.3 per cent Al₂O₃, 1.6 per cent SiO₂ from surface,

BS000151, 9 metres at 50.2 per cent Al₂O₃, 4.0 per cent SiO₂ from surface,

BS000134, 7 metres at 49.7 per cent Al₂O₃, 3.9 per cent SiO₂ from surface,

BS000150, 7 metres at 49.6 per cent Al₂O₃, 4.3 per cent SiO₂ from surface,

BS000146, 5 metres at 48.4 per cent Al₂O₃, 3.6 per cent SiO₂ from surface,

BS000158, 4 metres at 47.8 per cent Al₂O₃, 2.9 per cent SiO₂ from surface,

BS000177, 4 metres at 47.8 per cent Al₂O₃, 5.5 per cent SiO₂ from surface,

BS000148, 2 metres at 47.7 per cent Al₂O₃, 1.7 per cent SiO₂ from surface,

BS000142, 4 metres at 47.4 per cent Al₂O₃, 3.6 per cent SiO₂ from surface,

BS000182, 4 metres at 47.2 per cent Al₂O₃, 3.8 per cent SiO₂ from surface,

BS000130, 8 metres at 46.6 per cent Al₂O₃, 5.2 per cent SiO₂ from surface,

BS000164, 7 metres at 46.5 per cent Al₂O₃, 7.0 per cent SiO₂ from 1 metre,

BS000176, 7 metres at 45.9 per cent Al₂O₃, 2.1 per cent SiO₂ from surface,

BS000182, 3 metres at 45.5 per cent Al₂O₃, 3.7 per cent SiO₂ from 7 metres,

BS000143, 7 metres at 45.1 per cent Al₂O₃, 3.2 per cent SiO₂ from surface,

BS000181, 4 metres at 45.0 per cent Al₂O₃, 2.9 per cent SiO₂ from surface,

BS000179, 4 metres at 44.9 per cent Al₂O₃, 1.5 per cent SiO₂ from surface,

BS000178, 10 metres at 44.4 per cent Al₂O₃, 2.3 per cent SiO₂ from surface.

Image credit: Arrow Minerals Website

Note: This press release, issued by Arrow Minerals Ltd, is published as received without edits from AL Circle.