Golden Arrow Res Corp - GARWF STOCK NEWS

Golden Arrow Resources Corporation has entered an option agreement to acquire 100% interest in the Espota Gold Project in San Juan Province, Argentina, covering nearly 30 km². The company initiated a reconnaissance surface exploration program, revealing a 1 km² area with promising targets of shear zone-hosted breccias and veins. Initial channel samples yielded an impressive interval of 27.7 meters at 1.57 g/t Au, showing significant gold-grade concentrations of 9.64 g/t and 33.06 g/t. Golden Arrow plans to conduct further mapping, sampling, and a ground magnetics survey. To earn full ownership, the company will pay US$360,000 over two years, commencing with a US$25,000 initial payment. The project's strategic location near existing exploration projects enhances its potential.

Golden Arrow Resources Corporation (OTCQB: GARWF) has initiated a new diamond drilling program at its San Pietro Iron-Copper-Gold-Cobalt Project in Chile. This first phase will consist of 2,650 meters across 7 holes, part of a planned 20,000-meter drilling effort for the year to explore at least five targets. The project has historical exploration data, with over 34,000 meters of existing drilling focused on iron-oxide, copper, gold, and cobalt mineralization. Recent geological studies have identified new areas for drilling, enhancing the potential for significant mineral discoveries.

Golden Arrow Resources Corporation (OTCQB: GARWF) announced its application to extend the expiration dates of 15,804,012 outstanding warrants, originally issued during a private placement in 2019. The warrants, set to expire between February 25 and March 21, 2023, will now expire one year later, in 2024. The exercise price remains $0.40. This extension aims to provide additional time for warrant holders to exercise their rights. The amendment is subject to TSX Venture Exchange approval. Golden Arrow is actively exploring the San Pietro Cu-Au-Co project in Chile and holds a significant portfolio in Argentina, benefiting from the price of gold.

Golden Arrow Resources Corporation (OTCQB: GARWF) has initiated an IP-resistivity geophysical survey at its San Pietro Copper-Gold-Cobalt Project in Chile, marking a step towards its first diamond drilling program set for February. The survey aims to identify drill targets by detecting chargeability anomalies correlated with cobalt concentrations. The program includes around 2,500 metres of initial drilling, with a total of up to 20,000 metres planned for the year. The company has also terminated its option in the Flecha de Oro Project in Argentina.

Golden Arrow Resources Corporation (GARWF) has retained PI Financial Corp. to provide market making services on the TSX Venture Exchange. The agreement, effective for a minimum of three months, involves a monthly cash fee of $4,000. PI Financial will ensure an orderly market for the company's securities without any share compensation, utilizing capital provided by PI for market making activities. Golden Arrow is focused on mining exploration, notably the San Pietro Cu-Au-Co project in Chile, with over 180,000 hectares of properties in Argentina.

Golden Arrow Resources Corporation (OTCQB: GARWF) has terminated its option for the Libanesa Silver-Gold Project in Argentina. This decision follows the completion of its minimum obligations, which included extensive drilling and exploration initiatives. The company will now redirect its focus toward the San Pietro copper-gold-cobalt project in Chile and its existing portfolio in Argentina. Golden Arrow continues to leverage its successful track record in mining exploration and holds significant interests in various properties.

Golden Arrow Resources Corporation (OTCQB: GARWF) has initiated its first exploration program at the newly acquired San Pietro Copper-Gold-Cobalt project in Chile. The program includes detailed surface mapping, sampling, and re-logging of 34,000 meters of historic drill core. Two experienced geologists have been retained to enhance operations. The project spans 18,448 hectares in an active mining area, featuring significant historical exploration data with drilling results that included 28 meters averaging 1.14% Cu. Golden Arrow anticipates a productive second half of the year as it refines drilling targets.