Golden Arrow Comments on Share Price Increase

Golden Arrow Resources Corp. (TSXV:GRG) put out a press release to comment on its recent unusual share price activity. The company’s share price has risen 16.67 percent since the beginning of the week, though all it’s done is release drill results from its Argentina-based Chinchillas silver-lead-zinc deposit.

As quoted in the press release:

The Company has no material facts to report with the exception of the timely disclosure of drill results in its news release of April 15, 2015.

In view of the Company’s frequent news releases announcing positive drilling results leading to the expansion potential of the Chinchillas silver project, the Company has implemented an extensive profile-building campaign via leading marketing channels to raise its awareness with producers, analysts, letter writers and institutional investors.

Management wishes to confirm that it is receiving various levels of expressions of interest with respect to its Chinchillas project. Discussions will continue until they produce a material announcement.

Click here to read the full Golden Arrow Resources Corp. (TSXV:GRG) press release.

Golden Arrow is a Vancouver-based explorer focused on identifying, acquiring and advancing precious and base metal projects in Argentina with the goal of achieving a world class discovery. The main focus is on advancing the flagship Chinchillas Silver Project located in Jujuy, Argentina. Golden Arrow is a member of Grosso Group, a management company specialized in resource exploration, and working in Argentina where it is highly regarded and trusted since 1993.