Golden Arrow is a silver producer with over 200,000 hectares of properties in Argentina

Golden Arrow Resources Corporation (TSXV: GRG | OTCQB: GARWF) is a Vancouver-based explorer with a history of success in identifying, acquiring and advancing precious and base metal discoveries. The Company’s goal is to define world class deposits and advance them into exceptional projects. Golden Arrow is actively exploring on their more than 200,000 hectares of properties in Argentina. The Company is a member of The Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993. Other members of this group include Argentina Lithium and Energy Corp. and Blue Sky Uranium Corp.

Mr. Joseph Grosso, Executive Chairman, President and CEO stated in a recent interview:“Argentina’s government now is more conservative and business friendly. Most of them are graduates of universities in the United States and fully conversant with economics. They have selected mining as one of the leading industries to rebuild their country. They are very supportive. I believe being in Argentina is going to be a plus.” Golden Arrow considers Argentina to be an underexplored country with highly promising potential stemming from its direct border with some of the world’s most prolific mining areas. (Chile and Bolivia).

Golden Arrow company structure

Puna Operations – Pirquitas mine and processing mill and Chinchillas silver project

Golden Arrow holds a 25% share of Puna Operations Inc., a joint venture company operated by SSR Mining (75%). The joint venture is producing silver concentrate from the Pirquitas operation and developing the nearby Chinchillas silver-lead-zinc project, which has more than 8 years of forecast production, and potential to extend on this. Chinchillas is currently under development, with 81 Moz AgEq. Reserves (P&P) and an 140 Moz AgEq Resource (M&I). Under the terms of the agreement with SSR Mining, Golden Arrow received a $17.8M payment from SSR Mining, when the joint venture was formed, meaning the project is fully funded to production. Production is expected to begin in August 2018.

Click here to continue reading...

Subscribe to the RSD email list and get the latest resource stock activity directly to your inbox, for free.

Part of the Stock Digest family of websites

Small Cap Stock Digest



Name Last Change
DOW 25585.70 0.75%
S&P 500 2826.06 0.14%
NASDAQ 7637.01 0.11%
TSX 16230.04 0.40%
TSX-V 607.68 0.00%

Resource Commodities

Name Last Change
Gold 1292.80 0.84%
Silver 14.57 0.21%
Copper 2.70 2.700
Platinum 901.00 0.67%
Oil 58.63 1.23%
Natural Gas 2.60 0.77%
Uranium 24.25 1.34%
Zinc 1.20 0