Golden Arrow Financing
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Contact Shawn Perger for More Information +1-778-686-0135
Golden Arrow Resources Corp. (TSXV:GRG)(OTCQB:GARWF)
Rapidly exploring and advancing the company’s 100% owned San Pietro Fe-Cu-Au-Co (IOCG) project in Chile
- Advanced project in established mining district with near-term resource potential & multiple targets with strong upside potential
- Expansive 18,448-hectare land package with advanced targets strategically located adjacent to producing & emerging mines
- First drill program complete and successful in expanding mineralization at all targets
- Phase II drill program currently being planned leading to resource delineation plan
- Additional upside provided from exploration at key properties in +180,000-hectare project portfolio in Argentina
Main focus is Rincones target that remains open for expansion, with near-term resource potential
- 8,000 m of diamond drilling set for 2023 (4,000 m complete, 4,000 m planned for Q3/Q4)
- Historic drilling includes over 100 intervals in 37 holes with >0.3% Cu over at least 10 m
- New drilling confirms strong Cu, Au, Co and demonstrated continuity within previously identified areas, including:
- 87.7m @ 0.34% Cu, 0.08 g/t Au & 238 g/t Co at 38.2 m depth (SP-DDH-07, N sector)
- 79.8m @ 0.29% Cu, 0.05g/t Au & 179g/t Co with 15.3m @ 0.64% Cu, 0.10 g/t Au & 388g/t Co at 272.1m depth (SP-DDH-05, S sector)
- New drilling hit strong Cu, Au, Co in largely undrilled central sector, including:
- 64.2 m @ 0.86% Cu, 0.20 g/t Au, 196 & g/t Co at 42.8m depth, and 75.0 m @ 0.23% Cu, 0.03 g/t Au & 67 g/t Co at 243 m depth (SP-DDH-12)
- +100m step-out hit new Cu, Au, Co mineralization including: 8.8 m @ 0.55% Cu, 0.16 g/t Au, 383 g/t Co, 35.8% Fe at 70.4 m depth, (SP-DDH-13)
- Target open in all directions; drill spacing remains very loose
Phase I drill program confirms potential at 3 additional exploration targets
- Hit new copper – cobalt mineralization at Colla Target, including large step-out in SP-DDH-02:
- 34m @ 0.41% Cu, 466 g/t Co and 18% Fe including 11 m @0.98% Cu, 896g/t Co and 31% Fe at 257m depth
- Also new high gold interval of 2.9 m @ 7.39 g/t Au
- Confirmed near-surface oxide copper in first drilling Mariposa Target, and at Rodeo target
- 19.86m @ 0.49%, 575 g/t Co & 0.19 g/t Au, 64.1m depth (SP-DDH-08)
- 24m @0.34% Cu, 234 g/t Co at 60m depth (SP-DDH-10)
Operated by proven management team with storied success in the region supported by a strong financial position
- Strong experience and storied success in mineral exploration, asset transactions, capital markets, government & community relations
- Pioneers of mineral exploration and development in South America since 1993
- Highlighted group discoveries and success stories include Navidad deposit (owned by Pan American), Gualcamayo deposit (owned by Mineros S.A.), the Chinchillas Deposit (owned by SSR)
Website: https://goldenarrowresources.com/
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