Golden Arrow Res Corp - GARWF STOCK NEWS

Golden Arrow Resources (GARWF) has announced its first mineral resource estimate for the San Pietro Copper-Gold-Iron-Cobalt Project in Chile. The inferred resource includes 492 million tonnes with average grades of 0.23% Cu, 0.05 g/t Au, 14.43% Fe & 99 ppm Co, containing 2.5 Billion pounds of copper and 770,000 ounces of gold.

The estimate is supported by 32,733 metres of drilling, primarily at the Rincones target. The project, acquired for US$3.35M, shows potential for expansion with several untapped areas. The company plans to focus next phase drilling on delineating higher grade areas and conducting metallurgical sampling for magnetic iron and cobalt recovery options.

The resource estimate used a drilling density of approximately 200-metre hole spacing, with future infill drilling planned to potentially upgrade portions to Indicated or Measured categories. The company has identified five additional drill-ready targets across the 20,000-hectare property.

Golden Arrow Resources (OTCQB: GARWF) has announced two significant developments in its joint ventures. First, the company amended its option agreement with Mogotes Metals for the Mogote Copper-Gold Project in Argentina. Under the new terms, Mogotes Metals can acquire 100% interest for CAD$1 million in cash and equity, plus shares in Mogotes Metals and a 1.5% NSR royalty.

Additionally, Hanaq Argentina has begun diamond drilling at Golden Arrow's Caballos Copper-Gold Project in La Rioja Province. This marks the first-ever drill testing of the property's targets, with an initial program of 3 holes totaling approximately 1,000 metres. The project is strategically located at the intersection of the Maricunga Copper-Gold Belt and the El Indio Gold-Silver Belt, 23 kilometres north of the Josemaria Project.

Golden Arrow Resources has reported final results from Phase 2 drilling at its San Pietro Copper-Gold-Iron-Cobalt Project in Chile. The last two holes (SP-DDH-39 and SP-DDH-40) confirm a broad extension of the Rincones target up to 400 metres south. Key findings include:

- Hole SP-DDH-39: 180m averaging 0.21% Cu, 0.07 g/t Au, 95 g/t Co and 12.9% Fe from 276.73m depth
- Hole SP-DDH-40: 224m averaging 0.20% Cu, 0.03 g/t Au, 63 g/t Co and 11.6% Fe from 317.05m

The Phase 2 program completed 24 holes totaling 8,292 metres at Rincones and 2 holes totaling 607 metres at Colla. The company completed new detailed ground magnetic surveys and geological mapping across the 20,000-hectare concession, identifying new prospective targets including Noemi and Lolita N. A Mineral Resource Estimate is currently underway.

Golden Arrow Resources (OTCQB: GARWF) has reported significant drilling results from its San Pietro Project in Chile. The latest highlight includes a 283-metre interval averaging 0.23% copper, 0.04 g/t gold, 101 g/t cobalt, and 15.5% iron from 83 metres depth in hole SP-DDH-38.

The drilling program has expanded the southern Rincones target area, with hole SP-DDH-29 stepping out nearly 400 metres from previously defined mineralization. The Phase 2 program has now completed nine holes with intervals of more than 100 metres of significant copper mineralization, including two holes over 280 metres and four grading over 0.4% copper.

Additional notable results include SP-DDH-37 returning 130 metres averaging 0.23% copper, and SP-DDH-35 intercepting 102 metres averaging 0.25% copper. The company remains on track to complete its first Mineral Resource Estimate in the coming weeks.

Golden Arrow Resources has completed its Phase 2 diamond drilling campaign at the San Pietro IOCG Project in Chile, with significant results from four new drill holes. The highlight includes hole SP-DDH-31 at Rincones target, showing 102.6 meters averaging 0.22% Cu, 0.04 g/t Au, 100 g/t Co and 16.2% Fe.

The company has drilled twenty-seven holes totaling approximately 9100m, with results pending for six holes. Golden Arrow has engaged consultants to complete its first Mineral Resource Estimate and NI 43-101 Technical Report, targeted for early 2025. The drilling program revealed that the mineralization footprint at Rincones is larger than expected, with potential for further growth.

Golden Arrow Resources reports significant expansion at its San Pietro IOCG Project in Chile, with drill hole SP-DDH-29 intercepting 310.85m averaging 0.19% Cu, 0.06 g/t Au, 127 g/t Co and 12.2% Fe starting at 186.4m depth. The hole, stepped out 400 metres south of the Rincones target, indicates potential for substantial resource expansion. The intercept includes higher-grade sections of 149.6m at 0.21% Cu and 19.28m at 0.77% Cu. This is part of a ~10,000-metre diamond drilling campaign that is 80% complete and aimed at providing data for the project's first Mineral Resource Estimate.

Golden Arrow Resources (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF) has engaged a Chilean environmental consultancy firm to prepare and submit an Environmental Impact Statement (DIA) for its San Pietro Iron-Copper-Gold-Cobalt Project in Chile. The DIA, once approved, will allow the company to create and drill from an additional 80 platforms at San Pietro, significantly advancing the project.

The company has completed about two-thirds of its Phase two drill program, which will provide data to estimate the first mineral resource at San Pietro, focusing on the Rincones target. The DIA will enable additional drilling to expand and upgrade resources at Rincones and continue exploration at earlier stage targets. Work on the DIA will begin in October, with expected completion and submission to authorities in the first quarter of 2025.

Golden Arrow Resources (TSXV: GRG) (OTCQB: GARWF) reports significant copper and cobalt mineralization from its ongoing drilling program at the San Pietro Iron-Copper-Gold-Cobalt Project in Chile. Key highlights include:

- Drill hole SP-DDH-22 at Rincones target: 110m at 0.40% Cu, 0.08 g/t Au, 85 g/t Co and 18.0% Fe, including 1.12m at 10.35% Cu
- Drill hole SP-DDH-25 at Colla target: 123.1m at 443 g/t Co, including 19.43m at 790 g/t Co and 32.6% Fe

The company has completed over 50% of its planned 10,000-metre diamond drilling campaign, aimed at providing data for the project's first Mineral Resource Estimate. Results demonstrate continuity of wide mineralization zones between previously defined areas, increasing the resource potential.

Golden Arrow Resources (TSXV: GRG, FSE: G6A, OTCQB: GARWF) has appointed Mr. Pompeyo Gallardo as Vice President. Gallardo brings 29 years of experience in corporate finance, with expertise in project structuring, financing, and various financial instruments. His background includes roles as a CFO and Corporate Development consultant for junior mining companies, particularly those with Latin American projects. Gallardo has also held positions at major banks and financial firms.

Company President & CEO Joseph Grosso expressed enthusiasm for Gallardo's appointment, highlighting his extensive capital markets and finance experience as valuable assets for Golden Arrow's growth plans and advancement.