Golden Arrow Announces Positive Pre-Feasibility Study for the Chinchillas Project Joint Venture With Silver Standard

March 31, 2017

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VANCOUVER, BRITISH COLUMBIA–(Marketwired – March 31, 2017) – Golden Arrow Resources Corporation (TSX VENTURE:GRG) (FRANKFURT:GAC) (OTCQB:GARWF) (WKN: A0B6XQ) (“Golden Arrow” or the “Company”) is pleased to announce the results of a pre-feasibility study of the Chinchillas project (“Chinchillas” or the “project”) located in the Jujuy Province, Argentina for the joint-venture development of the project with Silver Standard Resources Inc. (NASDAQ:SSRI) (TSX:SSO) (“Silver Standard”) pursuant to the Business Combination Agreement between the parties dated September 30, 2015, as outlined in the Company’s news release dated March 31, 2017. The pre-feasibility study envisions a satellite open pit mining operation at the Chinchillas project with ore processing undertaken using the existing mill and concentrator facility at the Pirquitas mine property (“Pirquitas”), which has the capacity to accept and process Chinchillas ore, located approximately 42 kilometers west of Chinchillas.

Category: General