Company Description
Golden Arrow Resources Corporation (OTCQB: GARWF) is a mining exploration company focused on discovering and advancing precious and base metal deposits. The company is associated with the mining, quarrying, and oil and gas extraction sector and is described as having a track record of creating value by making precious and base metal discoveries and advancing them into exceptional deposits, according to multiple corporate news releases.
Golden Arrow trades on several markets under different symbols, including TSX Venture Exchange (TSXV: GRG), Frankfurt Stock Exchange (FSE: G6A), and OTCQB Venture Market (OTCQB: GARWF), as stated in its news announcements. The company is a member of the Grosso Group, a resource management group that has been active in exploration in Argentina since 1993.
Flagship San Pietro IOCG Project in Chile
A central focus of Golden Arrow is its flagship San Pietro iron oxide-copper-gold-cobalt (IOCG) project in Chile. The company reports that San Pietro targets the discovery of multiple deposits of copper, gold, iron and cobalt on a land package of over 21,000 hectares located approximately 100 kilometres north of Copiapó in the Atacama Region of Chile. Golden Arrow operates San Pietro through its Chilean subsidiary, New Golden Explorations Inc. ("NGE").
Golden Arrow states that it has completed an initial Mineral Resource Estimate for the Rincones and Colla IOCG deposits at San Pietro. The company reports that this estimate includes contained copper and gold in the Inferred category, based on an NI 43-101 Technical Report filed on SEDAR+. The company also notes that Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability, and that Inferred resources have a lower level of confidence than Indicated resources.
The San Pietro project is described as being situated between and adjacent to Capstone Copper's Manto Verde Mine property and Santo Domingo Project, in what the company refers to as a copper-iron-cobalt district within an active, well-developed mining region that is home to major IOCG deposits in Chile. Golden Arrow indicates that the project area lies within the Atacama Fault System, a structural corridor that controls mineralization and alteration at San Pietro and nearby deposits.
Exploration Targets at San Pietro: Rincones, Colla, Noemi, Lolita Norte and Cerro Sur
Golden Arrow’s exploration work at San Pietro includes resource delineation at the Rincones and Colla deposits and surface exploration across additional targets. The company reports that it has conducted geological mapping, ground magnetics, trenching, and rock chip and channel sampling to define new targets and refine drill programs.
The Noemi target covers roughly a 2 kilometre by 3 kilometre area approximately 7 kilometres south of the Rincones resource area. Golden Arrow describes Noemi as hosting a structural system with breccias and veins that are anomalous in gold and copper, with mineralization in veins, veinlets, and surrounding host rocks. Company news releases detail rock chip channel sampling and trenching programs at Noemi, including intervals with gold grades over significant widths. The company reports that the main mineralized breccia vein system at Noemi has been mapped over approximately 1 kilometre of strike and remains open under surface cover.
Three kilometres west of Noemi, Golden Arrow has identified the Lolita Norte target. The company describes a quartz-tourmaline-carbonate vein and breccia structure mapped for more than 1.9 kilometres of strike, with gold and copper mineralization. It is believed by the company to be related to a historically mined vein system located to the south, although Golden Arrow cautions that proximity to other deposits or mines does not imply mineralization or economic extraction on its own concessions.
Golden Arrow also reports the acquisition of the Cerro Sur concession package, comprising approximately 1,500 hectares adjacent to the western border of San Pietro. According to the company, historic work at Cerro Sur by previous operators included geological mapping, geophysical surveys, trenching and diamond drilling. A historic summary cited by Golden Arrow suggests the presence of multiple mineralized structures with intervals of anomalous copper and gold, though the company notes that this historic information is considered anecdotal until verified through its own work.
Environmental Permitting and Project Advancement
The company has reported a significant permitting milestone at San Pietro in the form of an Environmental Qualification Resolution ("RCA") issued by Chilean authorities. Golden Arrow states that this RCA follows an Environmental Impact Declaration ("DIA") process and authorizes additional drilling platforms, particularly in the areas of the Rincones and Colla deposits. The RCA includes environmental obligations and permits related to waste management, sewage works and closure, among others. Golden Arrow indicates that this approval provides scope for detailed drilling to upgrade and expand resources and to test for extensions of mineralization.
Ownership Structure at San Pietro
Golden Arrow reports that New Golden Explorations Inc. (NGE), its Chilean subsidiary, holds a 100% interest in the San Pietro project. A news release further states that Sociedad de Servicios Andinos SpA ("SSA") has exercised an option to acquire a 25% interest in NGE through a contribution of cash and services, leaving Golden Arrow with a 75% interest in NGE. The company notes that the shares acquired by SSA are not convertible or exchangeable for Golden Arrow common shares.
Exploration Portfolio in Argentina
In addition to San Pietro, Golden Arrow reports that it holds a portfolio of prospective properties in Argentina totaling nearly 120,000 to 125,000 hectares. The company describes these as precious and base metal exploration properties and notes that it has entered into option agreements on several non-core assets.
One such agreement concerns the Huachi copper-gold property in San Juan Province, Argentina, covering approximately 3,500 hectares. Golden Arrow states that it has granted Latin Metals Inc. an option to acquire up to a 100% interest in Huachi. Under the terms described by the company, Latin Metals may earn an initial 75% interest through exploration expenditures and cash payments, and then has a top-up right to acquire the remaining 25% interest for an additional cash payment, otherwise the parties would form a joint venture with a potential net smelter return royalty if a party’s interest is diluted below a certain threshold.
Golden Arrow also notes that its Mogote copper-gold project is under option to Mogotes Metals as part of the Filo Sur project, and that its Caballos copper-gold project is under option to Hanaq Argentina S.A. These arrangements are described by the company as part of its efforts to advance non-core assets while retaining exposure to potential exploration success.
Corporate Background and Group Affiliation
Golden Arrow identifies itself as a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993. The company credits this affiliation with providing access to a cohesive team and experience in managing exploration projects and transactions in South America. Corporate news releases also refer to the Grosso Group’s long-term partnerships with mining services providers in the region.
Investor Relations and Corporate Communications
Golden Arrow has announced the appointment of investor relations and corporate finance support through Maximus Investor Relations Ltd., an arm’s length firm based in Vancouver. The company states that Maximus acts as an investor relations consultant and that its principals hold Golden Arrow common shares and stock options.
Corporate communications for Golden Arrow are handled through its head office team, and news releases regularly reference contact details for corporate communications and information channels. The company uses stock exchange filings and news distribution services to provide updates on exploration results, corporate developments, option agreements and permitting milestones.
Risk and Technical Disclosure
Golden Arrow’s news releases include cautionary notes regarding Mineral Resources and forward-looking information. The company emphasizes that Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability, and that there is no certainty that any part of the Mineral Resources will be converted into Mineral Reserves. It also notes that Inferred Mineral Resources have a lower level of confidence and may be upgraded with further exploration. Technical information in the company’s releases is reported as being reviewed and approved by a Qualified Person as defined in National Instrument 43-101.
According to the company, exploration programs at San Pietro and other projects follow industry standard procedures, including quality assurance and quality control (QA/QC) protocols. News releases describe the use of blank and standard samples in assay batches and the use of accredited laboratories for sample preparation and analysis.
Summary
In summary, Golden Arrow Resources Corporation is a mining exploration company whose primary focus is the San Pietro IOCG project in Chile, targeting copper, gold, iron and cobalt deposits, while also holding a large portfolio of exploration properties in Argentina. Through a combination of direct exploration, option agreements and joint venture structures, the company seeks to advance multiple precious and base metal targets. Its disclosures emphasize exploration-stage activities, technical reporting under NI 43-101, and its association with the Grosso Group and regional partners.
Stock Performance
Latest News
SEC Filings
No SEC filings available for Golden Arrow Res.