Welcome to our dedicated page for Golden Arrow Res news (Ticker: GARWF), a resource for investors and traders seeking the latest updates and insights on Golden Arrow Res stock.
Golden Arrow Resources Corporation (OTCQB: GARWF) generates frequent news flow related to its exploration activities in Chile and Argentina. Company announcements highlight drilling, sampling and trenching results, permitting milestones, option agreements on non-core assets, and corporate developments. For investors and followers of the mining exploration sector, these updates provide insight into how Golden Arrow is advancing its projects and allocating exploration efforts.
A major focus of Golden Arrow’s news is the San Pietro iron oxide-copper-gold-cobalt (IOCG) project in the Atacama Region of Chile. Releases describe surface sampling, chip channel programs and trenching at targets such as Noemi and Lolita Norte, as well as resource delineation work at the Rincones and Colla deposits. The company reports intervals of gold and copper mineralization, the mapping of structural zones, and the design of drill programs aimed at expanding and upgrading resources. News items also cover key regulatory steps, such as the Environmental Qualification Resolution that authorizes additional drilling platforms and sets environmental obligations for field work.
Golden Arrow’s news feed also includes updates on its Argentine portfolio, including option agreements like the Huachi copper-gold property in San Juan Province, and comments on how these agreements fit into its strategy for non-core assets. Corporate announcements, such as management changes and the engagement of investor relations consultants, provide context on governance and market outreach. By reviewing the GARWF news page, readers can follow exploration results, project-level decisions and corporate transactions as reported directly by the company through its official releases.
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Golden Arrow Resources Corporation has entered an option agreement to acquire 100% interest in the Espota Gold Project in San Juan Province, Argentina, covering nearly 30 km². The company initiated a reconnaissance surface exploration program, revealing a 1 km² area with promising targets of shear zone-hosted breccias and veins. Initial channel samples yielded an impressive interval of 27.7 meters at 1.57 g/t Au, showing significant gold-grade concentrations of 9.64 g/t and 33.06 g/t. Golden Arrow plans to conduct further mapping, sampling, and a ground magnetics survey. To earn full ownership, the company will pay US$360,000 over two years, commencing with a US$25,000 initial payment. The project's strategic location near existing exploration projects enhances its potential.
Golden Arrow Resources Corporation (OTCQB: GARWF) has initiated a new diamond drilling program at its San Pietro Iron-Copper-Gold-Cobalt Project in Chile. This first phase will consist of 2,650 meters across 7 holes, part of a planned 20,000-meter drilling effort for the year to explore at least five targets. The project has historical exploration data, with over 34,000 meters of existing drilling focused on iron-oxide, copper, gold, and cobalt mineralization. Recent geological studies have identified new areas for drilling, enhancing the potential for significant mineral discoveries.
Golden Arrow Resources Corporation (OTCQB: GARWF) announced its application to extend the expiration dates of 15,804,012 outstanding warrants, originally issued during a private placement in 2019. The warrants, set to expire between February 25 and March 21, 2023, will now expire one year later, in 2024. The exercise price remains $0.40. This extension aims to provide additional time for warrant holders to exercise their rights. The amendment is subject to TSX Venture Exchange approval. Golden Arrow is actively exploring the San Pietro Cu-Au-Co project in Chile and holds a significant portfolio in Argentina, benefiting from the price of gold.
Golden Arrow Resources Corporation (OTCQB: GARWF) has initiated an IP-resistivity geophysical survey at its San Pietro Copper-Gold-Cobalt Project in Chile, marking a step towards its first diamond drilling program set for February. The survey aims to identify drill targets by detecting chargeability anomalies correlated with cobalt concentrations. The program includes around 2,500 metres of initial drilling, with a total of up to 20,000 metres planned for the year. The company has also terminated its option in the Flecha de Oro Project in Argentina.
Golden Arrow Resources Corporation (GARWF) has retained PI Financial Corp. to provide market making services on the TSX Venture Exchange. The agreement, effective for a minimum of three months, involves a monthly cash fee of $4,000. PI Financial will ensure an orderly market for the company's securities without any share compensation, utilizing capital provided by PI for market making activities. Golden Arrow is focused on mining exploration, notably the San Pietro Cu-Au-Co project in Chile, with over 180,000 hectares of properties in Argentina.