Fact Sheet - Golden Arrow Resources Corporation
Fact Sheet - Golden Arrow Resources Corporation
Fact Sheet - Golden Arrow Resources Corporation
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Share Structure<br />
(As of Dec 7, 2012)<br />
Shares Issued: 47,216,655*<br />
Warrants: 0<br />
Options: 4,100,000<br />
Fully Diluted: 51,316,655<br />
Contact:<br />
Corporate Communications<br />
T | 604 687 1828<br />
TF | 800 901 0058<br />
E | info@goldenarrowresources.com<br />
Suite 709, 837 West Hastings St.<br />
Vancouver, BC, Canada V6C 3N6<br />
* The company will have 41,823,655 shares issued, see<br />
news release dated September 20th, 2012 for details.<br />
Projects. People. Performance.<br />
TSX Venture: GRG<br />
Frankfurt: GAC<br />
goldenarrowresources.com<br />
<strong>Golden</strong> <strong>Arrow</strong> <strong>Resources</strong> <strong>Corporation</strong> is a Vancouver-based, explorer<br />
and prospect generator focused on identifying, acquiring and advancing<br />
precious and base metal projects in Argentina, with the goal of achieving a<br />
world class discovery.<br />
The core focus will be on advancing its flagship Chinchillas Silver Project<br />
located in Jujuy, Argentina. <strong>Golden</strong> <strong>Arrow</strong> has a strong treasury which will<br />
allow the company to drill its Chinchillas Silver Project over the coming<br />
months with the aim of publishing the first NI 43-101 resource calculation<br />
on Chinchillas in the first half of 2013. <strong>Golden</strong> <strong>Arrow</strong> will continue to execute<br />
its strategy to leverage the Company’s<br />
exploration exposure by attracting partners<br />
to fund work on its other high quality<br />
mineral projects.<br />
<strong>Golden</strong> <strong>Arrow</strong> is a member of Grosso Group,<br />
a management company specialized in<br />
resource exploration, and working in<br />
Argentina where it is highly regarded and<br />
trusted since 1993.<br />
Chinchillas Silver Project<br />
<strong>Golden</strong> <strong>Arrow</strong> has an option agreement to<br />
acquire a 100% interest in the advanced<br />
stage 10 km2 (979 ha) Chinchillas Silver<br />
Project located in Jujuy Province, Argentina.<br />
The Chinchillas project is located in the<br />
prolific Bolivian silver-zinc-tin belt which<br />
extends into northern Argentina.<br />
Chinchillas: GRG’s Phase 1 Program – Drilling Completed<br />
u 3,224 m infill and expansion drill program around the previously drilled<br />
and new targets<br />
u 26 of 27 drill holes of the Phase 1 drill program contained significant<br />
mineralization<br />
u Drilling focused on two main zones – Silver Mantos and Socavon del<br />
Diablo – both with significant room for expansion<br />
u A 6,500 m drill program is scheduled to test new targets as well as in-fill<br />
and step-out at Silver Mantos and Socavon del Diablo<br />
Chinchillas: Recent Drilling Highlights<br />
u 685 g/t AgEQ* (631 g/t Ag, 1.72% Pb, 0.93% Zn) over 29 m;<br />
incl. 1918 g/t AgEQ* over 6m<br />
u 630 g/t AgEQ* (630 g/t Ag, 1.9% Pb) over 22 m;<br />
incl. 1318 g/t AgEQ* over 10m<br />
u 553 g/t AgEQ* (515 g/t Ag, 0.68% Pb, 1.18% Zn) over 29 m<br />
* Silver Equivalents (AgEQ) were calculated using US$28/oz. for silver, US$0.85/lb. for lead and US$0.85/lb. for zinc.<br />
Metallurgical recoveries and net smelter returns for the purpose of this calculation are assumed to be 100%
Investment Highlights<br />
u<br />
u<br />
u<br />
u<br />
Upcoming drilling program on its advanced<br />
Chinchillas Silver Project<br />
Option agreement with Vale SA, the world’s<br />
second largest mining company by market<br />
capitalization.<br />
Strong property base in Argentina – over<br />
30 projects, most are 100% owned with 7 at<br />
drill ready stage<br />
Project generator business model;<br />
leveraging treasury and exploration<br />
exposure through joint ventures<br />
MANAGEMENT AND DIRECTORS<br />
Joseph Grosso -President & CEO<br />
Brian McEwen, PGeol<br />
VP Exploration and Development<br />
Bassam Moubarak, CA<br />
CFO & Corporate Secretary<br />
Bruce Smith, AUSIMM, MSc, MEng<br />
Exploration Manager<br />
David Terry, PhD, PGeo -Director<br />
Leonard Harris -Director<br />
Nikolaos Cacos, MIM, BSc -Director<br />
David Horton, MBA, BComm -Director<br />
John Gammon, PhD -Director<br />
Chad Williams, PEng -Director<br />
Key Projects<br />
Key Projects Option Agreement with Vale S.A.<br />
Mogote Copper-Gold-Silver Project – 100% owned, 83km2 (8,300 ha)<br />
u Located within World-class porphyry and epithermal mineral belts with<br />
deposits including: El Indio, Pascua–Lama, Veladero, Aldebaran, Marte/<br />
Lobo and Refugio<br />
u Drilling confirmed the presence of a large porphyry system, with<br />
significant copper-gold intercepts including 495.3m averaging 0.23<br />
g/t gold and 0.17% copper from MOG-1A<br />
u Vale completed a 3,695m drill program in April 2012 and will commence<br />
the 3rd year of the drill program in November 2012<br />
Option Terms: Vale can earn an initial 70% interest by completing US$6.8<br />
million in exploration expenditures and making US$2.3 million in cash<br />
payments over three years. Agreement signed September 2010.<br />
TSX Venture: GRG<br />
Frankfurt: GAC<br />
PROJECT PORTFOLIO HIGHLIGHTS – AvAILABLE FOR JOINT vENTuRE<br />
Caballos Copper-Gold Project - 100% owned, 252km2 (25,200 ha)<br />
Located in a developing porphyry district, home to several world-class<br />
discoveries and producing mines, between the south end of the Maricunga<br />
Copper-Gold Belt and the northern extent of the El Indio Gold-Silver Belt<br />
in La Rioja Province, Argentina, along the border with Chile. The Caballos<br />
Project was discovered and staked by GRG’s technical team.<br />
u 12m chip sample averaged 2.4% Cu and 5m averaged 0.6% Cu<br />
u High grade porphyry copper gold target includes 12m averaging 2.4%<br />
copper within an 18m chip sample<br />
u Permits for trenching and drilling are in place and targets identified<br />
Potrerillos Gold-Silver Property - 100% owned, 40km2 (4,000 ha)<br />
Located 8km east of Barrick Gold’s massive Veladero gold/silver mine which<br />
has been in production since 2006 and contains Proven and Probable<br />
reserves of 11.3 Moz gold equivalent (projections from Barrick’s 2010 Annual Report)<br />
u Previous surface sampling returned high-grade gold-silver mineralization<br />
on surface up to 15.4 g/t Au, 2,900 g/t Ag over 0.6m.<br />
goldenarrowresources.com