As gold, copper, and other precious and base metals continue their price ascent amid supply concerns related to the COVID-19 pandemic, savvy metals & mining investors are looking to companies that are both exploring and extracting. And, they’re looking in mining-friendly jurisdictions with proven reserves, excellent infrastructure, and respect for local peoples and with one of the best treasuries in junior mining.
Golden Arrow Resources Corp. (GRG) (
TSX-V.GRG,
OTC: GARWF,
Forum) is a well financed and established, multi-project South American gold and copper explorer that meets
and exceeds those requirements. The Company boasts a wide array of mineral exploration assets throughout Chile, Argentina, and Paraguay – historically mining-friendly jurisdictions with some of the most abundant precious and base metals ore bodies in the world. Yet many of these mining regions still remain significantly under explored.
The immense variety and use of natural resources and their extraction requires a permanent obligation to comply with environmental, social / community concerns and necessities. And, once again, GRG checks all of the boxes.
Golden Arrow’s management – the world-renowned
Grosso Group – pioneered mining exploration in Argentina and has implemented an operations policy with its affiliated companies regarding environmental compliance and community relations. The Grosso Group is proud of its flawless 27 year record of 100% acceptance from local government authorities and communities impacted by the activity of its affiliated companies.
The Company is currently leveraging the new 2020 price highs in copper and gold through two distinct plans:
- Golden Arrow’s priorities will be to continuously scout for precious and base metal properties in three South American countries that may include a variety of minor sellable associated minerals
- And advancing the Company’s existing properties with known geologic potential through the Five Step Development Pipeline to PEA/PFS level discoveries.
Gold in Argentina: The Flecha de Oro Exploration Program
On
June 8th, Golden Arrow reported a new
high-grade gold target at its Flecha de Oro project in Argentina with plans expands project area. And early results are very positive, to say the least. The initial mapping and vein sampling program at the gold project in Rio Negro Argentina has delineated a new high-grade gold target on the Esperanza property. This target includes a series of sub-parallel quartz veins in an apparent structural corridor that was mapped over 230 metres in length and up to 30 metres of width, and remains open in both directions along strike. Highlights from sampling include:
- 24.4 g/t gold and 13.6 g/t silver from a float/boulder sample
- 5.23 g/t gold and 32.3 g/t silver over 0.30 metres from a vein chip sample
- and, 4.3 g/t gold and 2.3 g/t silver over 0.30 metres from a vein chip sample.
Brian McEwen, Golden Arrow's VP Exploration and Development, commented on the outstanding find:
“The Flecha de Oro exploration program is advancing nicely with the addition of this new high-grade gold target at the Esperanza property, located more than a kilometre and a half north of the high-grade samples we reported in early March. In addition, the new Maquinchao properties expand our prospective area, further increasing our chances to discover a major epithermal deposit at the project."
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Gold in Paraguay: The Tierra Dorada Gold Project
And the good news kept on coming. At the
end of May 2020, Golden Arrow reported high-grade gold from trenching at its Tierra Dorada Gold Project in Paraguay – one of the last under-explored jurisdictions in South America.
Earlier in the field season, the Company collected channel samples from eight trenches at the Alvaro prospect, which hosts four gold-mineralized quartz vein showings over 2.5 kilometres. Assays have been received from the first four trenches, with highlights of 89.5 g/t gold and 61 g/t silver over 0.93 metres, including 143.40 g/t gold and 95.8 g/t silver over 0.58 metres, in Trench 1. New boulder sampling over a kilometre to the south of this trench returned 13.7 g/t Au.
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Copper in Chile: The Rosales Copper Project
GRG
recently reported that it has acquired, via staking, the Rosales Copper Project in Region III, Chile. Initial reconnaissance work has indicated that Rosales has several priority target areas characterized by zones of near-surface copper stockwork mineralization, potentially related to larger mineralized systems at depth. Initial sampling results from the project returned high-grades of up to 5.74% Cu.
The Chilean region is a supportive mining jurisdiction with excellent mining infrastructure and offers advanced project opportunities that can be fast-tracked to advanced discovery stage to interest both small and larger-scale mining companies with multiple projects under review in close proximity to maximize synergy potential.
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Prolific and Profitable
A well financed Company with $30 million in cash and cash equivalents in the bank. An enviable financial base for substantial company growth. An attractive stock valuation. A unique five step development strategy. Discoveries that may “become worth several hundred million dollars.” Golden Arrow Resources Corp. has a lot good going for it right now. In fact, good as gold.
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To find out more about GRG, please visit
https://goldenarrowresources.com/
FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing.