Contact Shawn For Information Golden Arrow Resources Financing

Sep 26, 2023

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)