Golden Arrow Reports on Production Update

Golden Arrow Resources (TSX-V:GRG) (FSE:GAC) (OTCQB:GARWF), (“Golden Arrow” or the “Company”) is pleased to provide a summary of fourth quarter and year-end 2017 operating results as well as 2018 guidance for Puna Operations, as reported by the project operator, SSR Mining.
Highlights

• Exceeded annual production guidance: Exceeded the upper end of the upwardly revised annual production guidance with a total of 6.2 million ounces of silver produced. Continued excellent performance of stockpile processing resulted in silver production of 1.2 million ounces in the fourth quarter.
• Following the completion of the transaction announced on May 31, 2017, Golden Arrow owns a 25% share of Puna Operations, a joint venture company operated by SSR Mining which is producing silver concentrate from stockpiles at the Pirquitas operation and developing the nearby Chinchillas silver project.

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