May 2012 - Golden Arrow Resources Corporation

Management & DirectorsGERALD G. (GERRY) CARLSON Ph.D., P.Eng . - Head of ExplorationDr. Carlson has been involved for over 35 years in managing mineral exploration and miningdevelopment companies. His experience has focused on precious and base metal deposits aroundthe Pacific Rim, including western North America, Mexico, Central America, South America, Australiaand Asia. This experience has included independent consulting assignments, management of majorcompany exploration programs, junior mining companies, university level teaching, and professionalgeosciences association roles. Dr. Carlson is currently a Director of several other junior mineralexploration companies, including Almaden Minerals Ltd.BASSAM MOUBARAK CA - Chief Financial Officer & Corporate SecretaryMr. Moubarak is a Chartered Accountant with expertise in corporate finance, corporate reporting, financial processes, financing and riskmanagement. Prior to joining Golden Arrow, he was Chief Financial Officer of Petaquilla Minerals Ltd. where he was instrumental inraising in excess of $120 Million to develop and bring into production the Molejon Gold Mine, and assisted in the sale of PetaquillaCopper Ltd to Inmet Mining Corporation. He also previously held the position of Senior Manager with the public accounting firm ofDeloitte & Touche LLP., where he led audits of public companies and oversaw SOX 404 implementations with specific emphasis on themining industry.BRUCE SMITH MSc, MEng, AUSIMM – Argentina Exploration ManagerPart of the team that discovered the AngloGold Ashanti's Siguiri Gold Mine, in Guinea and the Castle Gold Corp’s EL Sastre GoldMine, in Guatemala, Mr. Smith has spent over 16 years exploring for metals in Australia, New Zealand, Philippines, West Africa,and Europe including 7 years working in the Americas. He manages the exploration office in Argentina, and has a BSc and MScGeology from Otago, New Zealand, and his MEng in Water and Environmental Resource Management, from Delft Netherlands.17