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Golden Arrow Resources Corp V.GRG

Alternate Symbol(s):  GARWF

Golden Arrow Resources Corporation is a mining exploration company. The Company is exploring the advanced San Pietro Cu-Au-Co project in Chile, and a portfolio that includes more than 180,000 hectares of prospective properties in Argentina. Its projects include Caballos, Don Bosco, Mogote, Potrerillos, Yanso, San Pietro and Rosales. The Caballos Copper-Gold Project is located in La Rioja province, in the Andean Cordillera, with elevations ranging from 4,000 m to 4,500 m above sea level. The Don Bosco Copper-Gold Project totals approximately 4,300 hectares of exploration licenses covering five distinct target areas in western La Rioja Province, Argentina. The Mogote project is located 350 kilometers (km) northwest of San Juan City, San Juan province, Argentina and adjoins the international border between Chile and Argentina. Its Rosales Project includes 3444 hectares of 100% held mineral claims. The Yanso gold project in eastern San Juan Province, Argentina.


TSXV:GRG - Post by User

Bullboard Posts
Comment by Alexspushkinon Jan 21, 2018 11:03am
190 Views
Post# 27403340

RE:Stockpiles??

RE:Stockpiles??Oil, Still thinking about your question...

Have a look at the fact sheet on the GRG web site:
https://goldenarrowresources.com/assets/docs/presentations/GRG_Jan_2018_WEB.pdf

On page 1, it shows net profits from stockpiles.
It's not exact numbers, but looks like about C$10 million.

Also of interest is that for "the first year" (guessing that is 2018) Capex is only US$10M.
With C$16M in the treasurt + C$10M revenue, they should not require a financing this year, or maybe just a very small one.

-Alex
Bullboard Posts