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Golden Arrow Resources Corporation reports company developments tied to mineral exploration in South America, led by the San Pietro iron oxide-copper-gold project in Chile and a portfolio of prospective properties in Argentina. News commonly covers sampling, trenching, drill-permitting and target work at San Pietro, including the Noemi gold target and the Rincones and Colla areas.
Company updates also include environmental approvals, project option agreements within its Argentina portfolio, subsidiary operations through New Golden Explorations Inc., governance appointments and investor relations arrangements. Golden Arrow is a member of the Grosso Group, a resource management group associated with exploration in Argentina.
Golden Arrow Resources (OTCQB: GARWF) has completed the previously announced sale of its copper assets at the San Pietro project in Chile to Capstone Copper and a Capstone subsidiary, following approval by disinterested shareholders on August 21, 2026.
According to Golden Arrow, joint venture company New Golden Exploration Chile SpA, 75.019% indirectly owned by Golden Arrow and 24.981% by Sociedad de Servicios Andinos SPA, received 2,200,012 Capstone common shares, valued at approximately US$25 million, as consideration. The value was based on Capstone’s 10‑day volume‑weighted average closing price and a Bank of Canada exchange rate prior to closing. Approximate transaction costs and taxes are expected to be $6,550,000, to be deducted from this consideration.
Golden Arrow subsidiary New Golden Explorations Atlantida received 1,666,914 Capstone shares, with 165,042 shares withheld for Chilean taxes and 66,000 shares applied to an advisory fee. Sociedad de Servicios Andinos SPA received 533,098 Capstone shares. Southern Cone Partners was paid a US$750,000 advisory fee, settled through the 66,000 Capstone shares. The company states the deal strengthens its treasury to fund exploration programs in Chile and Argentina, including planning the first drill program at the Atakama gold project.
Golden Arrow Resources (OTCQB: GARWF) reported that shareholders approved a special resolution to sell the copper assets at the San Pietro Copper-Gold-Iron Cobalt project to Capstone Copper and a wholly owned Capstone subsidiary. At the August 21, 2026 meeting, 86,896,631 votes (98.77%) were cast in favour and 1,083,292 (1.23%) against.
The Transaction is expected to close in Q3 2026, subject to customary closing conditions. According to Golden Arrow, the company plans to advance its next phase of exploration, including programs at the new Atakama gold project and portfolio properties in Argentina.
Golden Arrow Resources (OTCQB:GARWF) has mailed and filed its management information circular and related materials for an annual general and special meeting of shareholders on August 21, 2026. The meeting will, among other items, consider approval of the proposed sale of the copper assets at the San Pietro Copper-Gold-Iron Cobalt project to Capstone Copper and a wholly owned Capstone subsidiary, a transaction first announced on June 23, 2026.
According to Golden Arrow, the board of directors has unanimously determined that the transaction is in the company’s best interests and fair to shareholders, and recommends voting in favour. Closing is targeted for late August 2026, subject to shareholder approval, regulatory approvals and other customary conditions.
Golden Arrow Resources (OTCQB:GARWF) reported progress at its Atakama Gold Project in Chile, where four near-surface gold targets—Paula, Lolita Norte, Dos Marias and Cerro Sur—now extend across nearly 10km of strike.
Since 2025, the company has mapped much of the 9,469-hectare property, collected 983 rock and 693 trench samples, and relogged over 4,600m of historic core. At Paula, 2025 trenching defined a 380m x 77m core zone, with multiple trenches returning >1 g/t Au over >20m and additional parallel mineralized zones up to 200m away. Paula is permitted for up to 40 drill platforms, and Golden Arrow plans an initial drill program starting in September, subject to financing. The company is also working to bring Atakama under an existing Environmental Qualification Resolution, which would allow an additional 80 drill platforms, with completion targeted for September.
Golden Arrow Resources (OTCQB:GARWF) agreed to sell copper-focused concessions at the San Pietro project in Chile to Capstone Copper for US$25 million in Capstone shares.
The deal divests ~16,555 ha of copper assets, while Golden Arrow and its partner retain over 9,000 ha of gold targets and expect to fund expanded gold exploration.
Golden Arrow (OTCQB:GARWF) has adopted semi-annual financial reporting under British Columbia Securities Commission Blanket Order 51-933, allowing eligible TSXV venture issuers to replace quarterly with semi-annual reports.
The company will issue audited annual and unaudited six-month statements while continuing all required timely material disclosures.
Golden Arrow (OTCQB:GARWF) appointed Ignacio Celorrio as a director effective April 23, 2026. Mr. Celorrio currently serves as President of Desarrollo de Recursos, a wholly owned Golden Arrow subsidiary, and is Executive Vice‑President of Legal, Government, and External Affairs at Lithium Argentina.
He brings over 25 years of experience in mining, energy and administrative law across Argentina, Canada and Australia, co‑chairs a leading Argentine mining law practice, and has participated in structuring the Cauchari Olaroz lithium project. Management says his legal and LATAM experience will support shareholder value creation.
Golden Arrow Resources (OTCQB:GARWF) announced that Joseph Grosso retired as Chairman and Director effective April 21, 2026 and was named Director Emeritus. Mr. Grosso will continue as an advisor and remains a large shareholder.
The company credited Grosso with founding Golden Arrow, originating the Gualcamayo royalty that supported discovery of Chinchillas, and guiding expansion into Chile that led to the San Pietro copper-gold project.
Golden Arrow (OTCQB:GARWF) retained Maximus Investor Relations Ltd., led by Shawn Perger, under a one-year investor relations agreement effective January 1, 2026.
The contract pays an annual fee of $125,000 payable monthly and covers corporate communications, broker presentations, trade shows, marketing and investor relations programs. Maximus is based in Vancouver and is at arm's length to the company.
Principals of Maximus currently hold 294,000 common shares and have rights to acquire 600,000 common shares under the company's stock option plan. The appointment is subject to approval by the TSX Venture Exchange.
Golden Arrow (OTCQB: GARWF) reported results from a 2025 trenching program at the Noemi gold target, San Pietro project, Chile. Twenty trenches (1,380 m) returned significant gold in 19 trenches with highlights including 76.7 m @ 1.01 g/t Au (Trench 14), 73.4 m @ 0.87 g/t Au (Trench 15), and 38.7 m @ 1.44 g/t Au (Trench 16). The main breccia vein system is mapped ~1 km in the south zone, remains open along strike and at depth, and mineralization commonly starts at surface. A drill program at Noemi is being planned; additional surface assays for Cerro Sur and Dos Marias remain outstanding.