Golden Arrow Establishes Targets at Antofalla Silver-Gold-Base Metal Project and Plans Exploration Program at Pescado Gold Project

Golden Arrow Resources (TSX-V: GRG, FSE: GAC (WKN: A0B6XQ), OTCQB: GARWF), “Golden Arrow” or the “Company”) is pleased to report that the soil sampling and surface IP/Resistivity surveys at the Antofalla silver-gold-base metal project in Catamarca Province, Argentina (“Antofalla” or “the Project) have successfully delineated significant targets.
The first part of the US$2 million exploration program at Antofalla is now complete, and the budgeted 3000 metre drill program is planned to commence in the fourth quarter of the year. In the interim, the field team will be commencing exploration at the Pescado Gold Project in San Juan province. Details of the program for Pescado will be announced shortly.
Brian McEwen, Golden Arrow’s Vice President of Exploration and Development said:

“We are pleased with the program results from Antofalla so far this year, and look forward to working through all the data to plan follow-up exploration and drilling in the Argentine spring season.
The team is also enthusiastic about getting back onto the Pescado project, which has been the subject of preliminary work in the past that has generated two very interesting targets for a potential gold discovery.”

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