May 2012 - Golden Arrow Resources Corporation

DirectorsLEONARD HARRIS PEng- DirectorMr. Harris worked for Newmont Mining Corp. for 21 years, holding numerous positions including as Manager ofMinera Yanacocha where he was responsible for construction and operation of Yanacocha Gold Mine, and as VPof Newmont Latin America.NIKOLAOS CACOS MIM, BSc - DirectorMr. Cacos brings over 18 years of management expertise in the mineral exploration industry. He has extensiveexperience in administering and providing strategic advice to public companies in a diverse range of industries.DAVID J. HORTON MBA, BComm - DirectorMr. Horton is the Senior VP Corporate Finance at Canaccord Capital Inc. and adds a broader third party dimensionthrough the many areas of his professional involvement in structuring, advising and financing numerous publiccompanies.JOHN B. GAMMON PhD - DirectorDr. Gammon has an outstanding record in mineral exploration and management, including international positionswith Falconbridge. He served as the Ontario Assistant Deputy Minister Mines and Minerals, and is a consultantworking with industry, governments and universities.18