Golden Arrow Resources Corp.

Golden Arrow Resources (TSX-V: GRG) is a Vancouver-based exploration company creating value by making precious and base metal discoveries and advancing them into world-class deposits. The Company is currently focused on its Chinchillas Silver Project located in the mining-friendly Province of Jujuy, Argentina. Exploration has progressed rapidly since the acquisition of the project in late 2011 and the Project now hosts 100 million ounces of silver in Measured and Indicated resources and a further 44 million ounces of silver in Inferred resources. In October 2015 the Company announced an innovative transaction with Silver Standard Resources that will combine the Chinchillas project with the neighbouring Pirquitas silver mine in order to take advantage of production synergies and minimize capital investment. The Company is positioned to maximize shareholder value by fast-tracking Chinchillas to production and becoming a 25% owner of the combined Chinchillas-Pirquitas silver mining operation, while continuing to explore for its fourth major discovery.

Expert Comments:

Stars aligned for Golden Arrow when Chinchillas was ready to move to production and the company only had to look 18 miles down the road to Silver Standard's Pirquitas mine and its established production facility.
read more >
Byron King, Gold Speculator (4/11/17)
"Golden Arrow Resources Corp.'s share price is down considerably from our entry point, but I believe that we're about to see a major turnaround. . .there's upside built into the company, and I'd hate to miss out on it. . .maintain Buy on Golden Arrow." (4/4/17)
"Golden Arrow Resources Corp.'s impressive history of discovery, identifying quality JV partners and structuring favourable royalty deals seems a simple yet compelling delivery system for consistent shareholder value. . .investors aren’t buying GRG for the gold. It should be bought primarily based on Grosso and his team—a who’s who of international mining experience, all of whom have impressive experience in South America. . .there are lots of ways to own precious metals. For investors who want a silver bias, but with all sorts of other potential growth aspects, Golden Arrow looks unique, compelling and for those patient, likely very profitable."

Haywood Securities (3/31/17)
"Earlier this afternoon, Golden Arrow Resources Corp. announced that it has received the required notice from Silver Standard to exercise its option on the Chinchillas project and form a joint venture (JV) to combine the Chinchillas project with the producing Pirquitas mine into a single new operation. . .upon Silver Standard executing its option, a JV is formed comprised of the Pirquitas operation and the Chinchillas property with Silver Standard and Golden Arrow holding 75%/25% interest, respectively."

"Golden Arrow Resources Corp. was one of our top performers last year. The company benefitted from a revival in the silver price twinned with renewed optimism for the Argentinean mining industry. Thanks to near term catalysts at both Chinchillas and Antofalla, Golden Arrow looks poised to carry this outperformance into 2017. Golden Arrow's flagship asset is the Chinchillas project located in northern Argentina. Since acquiring the project in 2011, the company has successfully discovered 250 million silver-equivalent ounces. This makes Chinchillas one of the largest silver development stories in the world.

In October 2015, Golden Arrow (which at the time had a sub-CA$10M market cap) signed a JV deal with precious metals heavyweight Silver Standard. . .to form the joint venture, Silver Standard must pay Golden Arrow an amount equal to 25% of the Pirquitas Mine's cash equivalent earnings starting October 2015 (minus certain expenditures for exploration, capital investment and closure costs). The 25% exercise payment must be sent to Golden Arrow by March 31, 2017. Given the improvement in silver prices and Silver Standard's aggressive expenditures on predevelopment activities, I am nearly certain that this deal will go ahead this quarter.

In October 2016, Golden Arrow announced a CA$2M work program at Antofalla including "remote sensing, IP/Resistivity geophysics, and geochemical sampling to delineate targets that will be tested with an estimated 3000-meter drill program." I anticipate that first drill results from Antofalla will be announced in Q2 of this year. This prospect has a legitimate chance of becoming the Grosso Group's fourth major mineral discovery in Argentina and could generate significant value beyond Chinchillas.

There are very few silver plays with such significant milestones expected over the coming months. Additionally, the nature of the Chinchillas deposit (bulk tonnage and relatively low-grade) gives Golden Arrow shareholders substantial leverage to further increases in the silver price. The next couple of quarters will be transformational for Golden Arrow, and investors interested in the story should get involved while the share price is below CA$1." read more >

Christopher Ecclestone, Hallgarten & Co. (2/7/17)
"The Chinchillas deposit is shaping up to be the largest silver/zinc project likely to come to production in Argentina in the near future [and] the Golden Arrow Resources deal with Silver Standard lays the ground for a potential combination of the Pirquitas mine with Chinchillas, making a new silver major in Latin America. . .a Newco, to be managed by Silver Standard, [shall] be owned 75% by Silver Standard and 25% by a new entity to be owned by the existing shareholders of Golden Arrow. . .if the combination goes through then Golden Arrow will become THE silver major in Argentina."

Byron King, Gold Speculator (1/31/17)
"Golden Arrow Resources Corp. shares traded up last week. . .there’s no operational news, but we’re beginning to see more share buying, as we approach a deadline for Silver Standard to make a decision that will affect Golden Arrow’s fate in Argentina. . .according to company management, Golden Arrow continues to develop its Chinchillas project, in northern Argentina, “as investors await Silver Standard Resources' business combination decision, which is due by March.” Golden Arrow offers significant upside in a rising environment for gold-silver. . .maintain buy on GARWF, up to $0.85 per share."

Development progresses at Golden Arrow's Chinchillas project as investors await Silver Standard Resources' business combination decision, which is due by March.
read more >

More Expert Comments

Experts Following This Company

Christopher Ecclestone, Equities Strategist – Hallgarten & Co., MEDITERRANEAN RESOURCES LTD., Geodex Minerals Ltd.
Matt Geiger, General Partner – MJG Capital
Byron King, Editor – Agora Financial
Mark Lackey – Presmont Group
Thibaut Lepouttre, Editor Caesars Report

The information provided above is from analysts, newsletters, the company and other contributors.

Golden Arrow Resources Corp. is a sponsor of Streetwise Reports. The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.

The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

The Expert Opinions above are excerpted from third-party sources not affiliated with or controlled by Streetwise Reports. The statements or opinions expressed in the Expert Opinions above are those of the authors indicated, and Streetwise Reports has not verified the accuracy of material excerpted here.

Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

Readers should conduct their own research for all information publicly available concerning the company.

Investing Highlights
One of the worlds largest new silver discoveries
Agreement in place with Silver Standard (TSX:SSO)
Chinchillas Fast-Tracked to Production