Golden Arrow Res Corp - GARWF STOCK NEWS

Golden Arrow Resources (TSXV: GRG, FSE: G6A, OTCQB: GARWF) has announced promising results from the first three drill holes of its ongoing 10,000-meter diamond drilling campaign at the San Pietro Iron-Copper-Gold-Cobalt Project in Chile. Highlights include significant mineralized intervals from drill hole SP-DDH-14, such as 20m at 1.47% Cu, 0.16 g/t Au, 343 g/t Co, and 27.2% Fe from 360m. SP-DDH-15 intersected a new mineralized structure, yielding 132m averaging 0.44% Cu from 114m. SP-DDH-16 also returned multiple mineralized intervals, notably 64m at 0.20% Cu from 30m. The drilling program aims to complete a Mineral Resource Estimate, with plans for further step-out drilling to extend mineralization.

Golden Arrow Resources has provided an update on its exploration activities in Chile and Argentina. The company reported positive drilling results at the San Pietro Iron-Copper-Gold-Cobalt Project in Chile, identifying multiple magnetite mantos and new specularite breccias in the first drill hole of 2024.

In Argentina, the Yanso Project has delineated new gold and zinc targets, with surface samples showing up to 40% zinc. The Potrerillos Project's 2024 exploration season has identified new targets and promising sample results, with some rock samples averaging up to 3.19 g/t gold and 78 g/t silver.

Golden Arrow's exploration work is generating internal excitement and interest from potential partners, with a focus on advancing joint ventures and preparing for a robust commodity market.

Golden Arrow Resources has commenced a major 10,000-meter diamond drilling campaign at the San Pietro Iron-Copper-Gold-Cobalt Project in Chile to facilitate the first Mineral Resource estimate, targeting the Rincones area with significant mineralization. The company is fully funded for the program, benefitting from a prime location in an active mining district and rising copper and gold prices. The drilling is being funded by Sociedad de Servicios Andinos SpA through an option agreement announced earlier in 2024.

Golden Arrow Resources updates on the option granted to Sociedad de Servicios Andinos SpA for the San Pietro project in Chile. The transaction involves a 25% stake in NGE, with significant cash option payments received and drilling services being performed. The final approval from TSXV is pending.

Golden Arrow Resources Corporation provides an update on the option granted to Sociedad de Servicios Andinos SpA for the San Pietro project in Chile. The transaction involves SSA subscribing for 333 shares in NGE, equivalent to 25% of the issued shares. SSA has made the first payment of US$333,333 and is progressing towards completing the option exercise.

Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF) has announced that its subsidiary, New Golden Explorations Chile SpA, has entered into an option agreement with Sociedad de Servicios Andinos SpA, granting the latter the option to subscribe for 25% of NGE's shares for a total investment of US$5,000,000. The investment will be used for an aggressive exploration and drilling program at the San Pietro iron oxide-copper-gold-cobalt project in Chile, aiming to support the first NI 43-101 mineral resource estimate for the project by the end of the year.