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Top Stock News

Golden Arrow Announces Positive Pre-Feasibility Study for the Chinchillas Project Joint Venture With Silver Standard

Golden Arrow Resources Corporation (TSX VENTURE:GRG) (GAC.F) (GARWF) (WKN:A0B6XQ) ("Golden Arrow" or the "Company") is pleased to announce the results of a pre-feasibility study of the Chinchillas project ("Chinchillas" or the "project") located in the Jujuy Province, Argentina for the joint-venture development of the project with Silver Standard Resources Inc. (SSRI) (SSO.TO) ("Silver Standard") pursuant to the Business Combination Agreement between the parties dated September 30, 2015, as outlined in the Company's news release dated March 31, 2017.

Silver Standard Exercises Option to Form Joint Venture With Golden Arrow for the Chinchillas-Pirquitas Project

"This is a landmark achievement for our Company," stated Joseph Grosso, Executive Chairman, President and CEO of Golden Arrow. "As Golden Arrow transitions an exploration discovery into a mining operation, our shareholders stand to benefit from this profile and strengthened financial position."

Golden Arrow Grants Extension on the Chinchillas Project Option Agreement

Golden Arrow Resources Corporation (TSX VENTURE:GRG)(GAC.F)(GARWF) ("Golden Arrow" or the "Company") announces that Silver Standard Resources Inc. (SSO.TO)(SSRI) ("Silver Standard") and Golden Arrow have agreed to extend the period in which Silver Standard may form the joint venture with Golden Arrow for the development of the Chinchillas project (the "Business Combination Agreement"). This period has been extended to March 31, 2017. The Business Combination Agreement was previously announced on October 31, 2015.

Shareholder Update from Golden Arrow Executive Chairman, President and CEO

"The option agreement with Silver Standard Resources (SSO.TO) (SSRI) for the combination of Golden Arrow's Chinchillas Project with Silver Standard's Pirquitas Mine is still in progress (see Golden Arrow News Release dated October 1, 2015). As the 18 month option draws to a close on March 30, 2017, we await Silver Standard's decision. We are appreciative for the professional and transparent technical cooperation between Silver Standard and Golden Arrow which has allowed the advancement of our Chinchillas deposit to this advanced mine planning and prefeasibility stage. Golden Arrow is committed to the Business Combination Agreement and we look forward to fully achieving a final resolve by March 30, 2017."