Golden Arrow Increases Size of Chinchillas Project to 1,160 Hectares

Golden Arrow Resources Corp. (TSXV:GRG) announced that with the granting of additional concessions surrounding its Chinchillas project, the property’s area has tripled to 1,160 hectares. A drill permit has also been granted for the new area.

As quoted in the press release:

The mineralization delineated at the Chinchilla silver project is open in all of these directions and the potential to expand the current resource is high. To date the silver resource is 32.6 million ounces Ag Eq indicated and 72.2 million ounces Ag Eq inferred*.This additional ground will be the focus of the next phase of exploration, with surface mapping, geochem sampling and geophysics all planned. The Phase III drill program will incorporate additional drill targets. The objective of The Phase III drill program is to increase the size of the recently released Indicated and Inferred silver lead zinc resource (see news release dated May 9th, 2013).

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