Silver Standard Exercises Option to Form Joint Venture With Golden Arrow for the Chinchillas-Pirquitas Project

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), “Golden Arrow” or the “Company”) is pleased to announce that the Company has received the required notice from Silver Standard Resources Inc. (TSX:SSO) (NASDAQ:SSRI) (“Silver Standard”) to exercise its option on the Chinchillas project and form a joint venture to combine the Chinchillas project with the producing Pirquitas Mine into a single new operation. The joint venture will be owned on a 75% / 25% basis by each company, respectively. Silver Standard will be the operator.

Category: General