Golden Arrow Res Corp Stock Price, News & Analysis

Golden Arrow Resources reports significant expansion at its San Pietro IOCG Project in Chile, with drill hole SP-DDH-29 intercepting 310.85m averaging 0.19% Cu, 0.06 g/t Au, 127 g/t Co and 12.2% Fe starting at 186.4m depth. The hole, stepped out 400 metres south of the Rincones target, indicates potential for substantial resource expansion. The intercept includes higher-grade sections of 149.6m at 0.21% Cu and 19.28m at 0.77% Cu. This is part of a ~10,000-metre diamond drilling campaign that is 80% complete and aimed at providing data for the project's first Mineral Resource Estimate.

Golden Arrow Resources (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF) has engaged a Chilean environmental consultancy firm to prepare and submit an Environmental Impact Statement (DIA) for its San Pietro Iron-Copper-Gold-Cobalt Project in Chile. The DIA, once approved, will allow the company to create and drill from an additional 80 platforms at San Pietro, significantly advancing the project.

The company has completed about two-thirds of its Phase two drill program, which will provide data to estimate the first mineral resource at San Pietro, focusing on the Rincones target. The DIA will enable additional drilling to expand and upgrade resources at Rincones and continue exploration at earlier stage targets. Work on the DIA will begin in October, with expected completion and submission to authorities in the first quarter of 2025.

Golden Arrow Resources (TSXV: GRG) (OTCQB: GARWF) reports significant copper and cobalt mineralization from its ongoing drilling program at the San Pietro Iron-Copper-Gold-Cobalt Project in Chile. Key highlights include:

- Drill hole SP-DDH-22 at Rincones target: 110m at 0.40% Cu, 0.08 g/t Au, 85 g/t Co and 18.0% Fe, including 1.12m at 10.35% Cu
- Drill hole SP-DDH-25 at Colla target: 123.1m at 443 g/t Co, including 19.43m at 790 g/t Co and 32.6% Fe

The company has completed over 50% of its planned 10,000-metre diamond drilling campaign, aimed at providing data for the project's first Mineral Resource Estimate. Results demonstrate continuity of wide mineralization zones between previously defined areas, increasing the resource potential.

Golden Arrow Resources (TSXV: GRG, FSE: G6A, OTCQB: GARWF) has appointed Mr. Pompeyo Gallardo as Vice President. Gallardo brings 29 years of experience in corporate finance, with expertise in project structuring, financing, and various financial instruments. His background includes roles as a CFO and Corporate Development consultant for junior mining companies, particularly those with Latin American projects. Gallardo has also held positions at major banks and financial firms.

Company President & CEO Joseph Grosso expressed enthusiasm for Gallardo's appointment, highlighting his extensive capital markets and finance experience as valuable assets for Golden Arrow's growth plans and advancement.

Golden Arrow Resources (OTCQB: GARWF) announced significant results from its San Pietro Project in Chile. Noteworthy findings include:

Step-Out Holes:

• SP-DDH-18: 109.10m at 0.44% Cu, 0.06 g/t Au, 130 g/t Co, 15.0% Fe starting at 253.9m depth, with a 12m interval at 1.16% Cu, 0.09 g/t Au, 202 g/t Co, 21.6% Fe.
• SP-DDH-19: 101.38m at 0.43% Cu, 0.09 g/t Au, 177 g/t Co, 30.1% Fe starting at 35.6m depth.
• SP-DDH-20: 19.23m at 0.45% Cu, 0.05 g/t Au, 110 g/t Co, 51.3% Fe starting at 202.77m depth.

The results support the potential for growth, with mineralization open to the east and north. The 10,000-meter drilling campaign aims to complete a preliminary resource estimate. The proximity to Capstone Copper’s Santo Domingo project offers valuable insights. The company is continuing with additional step-out and infill drilling to further explore the Rincones target.

Golden Arrow Resources (TSXV: GRG, FSE: G6A, OTCQB: GARWF) has announced promising results from the first three drill holes of its ongoing 10,000-meter diamond drilling campaign at the San Pietro Iron-Copper-Gold-Cobalt Project in Chile. Highlights include significant mineralized intervals from drill hole SP-DDH-14, such as 20m at 1.47% Cu, 0.16 g/t Au, 343 g/t Co, and 27.2% Fe from 360m. SP-DDH-15 intersected a new mineralized structure, yielding 132m averaging 0.44% Cu from 114m. SP-DDH-16 also returned multiple mineralized intervals, notably 64m at 0.20% Cu from 30m. The drilling program aims to complete a Mineral Resource Estimate, with plans for further step-out drilling to extend mineralization.

Golden Arrow Resources has provided an update on its exploration activities in Chile and Argentina. The company reported positive drilling results at the San Pietro Iron-Copper-Gold-Cobalt Project in Chile, identifying multiple magnetite mantos and new specularite breccias in the first drill hole of 2024.

In Argentina, the Yanso Project has delineated new gold and zinc targets, with surface samples showing up to 40% zinc. The Potrerillos Project's 2024 exploration season has identified new targets and promising sample results, with some rock samples averaging up to 3.19 g/t gold and 78 g/t silver.

Golden Arrow's exploration work is generating internal excitement and interest from potential partners, with a focus on advancing joint ventures and preparing for a robust commodity market.