Golden Arrow Res Corp Stock Price, News & Analysis

Golden Arrow Resources Corporation (OTCQB: GARWF) has announced the commencement of its first reverse circulation drilling program at the Rosales Copper Project in Chile, targeting large conductive zones identified by a recent geophysical survey. The initial phase will involve 1,400 metres of drilling across four holes, with additional drilling planned to explore various anomalies. The project spans 3,444 hectares and features promising surface samples, with copper values averaging 1.74%. This initiative aims to validate high-grade copper mineralization and advance exploration efforts in a key mining region.

Golden Arrow Resources Corporation (OTCQB: GARWF) announced significant findings from its geophysical surveys at the Rosales Copper Project in Chile. The surveys identified a larger and more conductive feature beneath prior anomalies, suggesting potential for a high-grade copper deposit. The Company plans to commence a 3,000 metre reverse circulation drilling program in August, targeting both upper and lower conductors. The Rosales project spans 3,444 hectares and is strategically located near major mining infrastructure.

Golden Arrow Resources Corporation has initiated a new exploration program at its 100% held Yanso Gold Project in San Juan, Argentina. This program aims to assess a 300m by 90m zone with strong geological anomalies. Previous work has highlighted rock chip samples with notable gold assays, including 16m averaging 0.602 g/t Au.

The exploration includes a 6.6 km Induced Polarization survey and a 700-hectare ground magnetics survey to uncover subsurface mineralization. The project area is situated near existing mining operations, enhancing its potential.

On July 2, 2021, Golden Arrow Resources Corporation (OTCQB: GARWF) announced the results of its Annual General Meeting held on June 30, 2021. All six nominees were elected as directors, with 25,321,568 shares, representing 21.76% of outstanding shares, voted in favor. The resolutions received unanimous support, and incumbent directors Joseph Grosso, Nikolaos Cacos, David Terry, John Gammon, Louis Salley, and Alfred Hills were re-elected. The company also confirmed the approval of its New Stock Option Plan, initiated previously on September 17, 2020, which does not require annual shareholder approval.

Golden Arrow Resources Corporation (OTCQB: GARWF) announced promising results from a Transient Electromagnetic (TEM) survey at its Rosales Copper Project in Chile. The survey has identified significant near-surface conductive anomalies, leading to plans for the company’s first drilling campaign. The primary target covers 850 by 500 meters and is associated with high copper values from surface sampling. The company has also applied for an additional 900 hectares of concessions. A further 440 line-kilometer ground magnetic survey is underway to refine drilling targets, expected to commence in August 2021.

Golden Arrow Resources has signed a binding letter of intent with Mirasol Resources to acquire a 75% interest in the Libanesa silver-gold project in Santa Cruz, Argentina. The acquisition will occur over six years through exploration expenditures totaling US$4 million and cash payments of US$1 million. Key drill targets, including the mineralized Cerro Plomo breccia, have shown promising initial results including up to 2,830 g/t Ag and 2.7 g/t Au. The project is considered a significant opportunity for discovery amid a region known for high-grade mineral deposits.

Golden Arrow Resources Corporation (OTCQB: GARWF) has released an update on its exploration projects, focusing on the trenching program at the Esperanza property within the Flecha de Oro gold project in Argentina. The program has produced significant gold intervals, including 2.98 g/t gold over five meters in trench TE-10 and 5.52 g/t gold over one meter in trench TE-6. The ongoing exploration aims to identify broader intervals of gold mineralization and is expected to continue through May. Additional exploration activities and project acquisitions are also underway.

Golden Arrow Resources Corporation has signed a Definitive Agreement to option its Caballos Copper-Gold Project to Hanaq Argentina S.A. for a 70% interest. Hanaq must invest US$4 million in exploration over six years. Caballos spans over 12,000 hectares in San Juan Province, Argentina, within a promising geological district. An initial exploration program identified a copper-gold porphyry target. This partnership allows Golden Arrow to focus on its core precious metal projects while advancing its extensive copper portfolio.

Golden Arrow Resources Corporation (OTCQB: GARWF) provided an update on its mineral exploration activities across Argentina, Chile, and Paraguay amidst the ongoing Coronavirus crisis. Key highlights include high-grade drilling results at the Tierra Dorada Gold Project in Paraguay, with an impressive intercept of 143.5 g/t gold over 0.5 meters. The company also is staking more land for potential discoveries and has initiated a trenching program at the Flecha de Oro Gold Project in Argentina. Golden Arrow's strong financial position supports continued exploration efforts aimed at enhancing shareholder value.