Company Name: Golden Arrow Resources
Company Representative's Name: Mr. Joseph Grosso
Company Representative's Email: perger@grossogroup.com
Company Representative's Phone Number: 604 687 1828
Mr. Joseph Grosso, President, CEO, Executive Chairman
Mr. Joseph Grosso is a respected entrepreneur and the founder of the Grosso Group. He has extensive international business experience having operated for decades in North/South America as well as in various European and Asian countries. Of Italian descent and fluent in Italian, English and Spanish, Mr. Grosso lived in Argentina and Peru where he acquired a very deep appreciation for Latin culture.
Mr. Grosso successfully developed a vast network of strong longterm national and international financial relationships for the Grosso Group. He has experience in financing, marketing strategies and has successfully formed strategic alliances and negotiated with mining industry majors such as Barrick, Teck, Newmont, Yamana Gold, Vale S.A. and SSR Mining Inc. Mr. Grosso is a passionate about best mining practices, environmental protection and socio-economic development through mineral exploration.
After Argentina opened its doors to foreign investment in 1993, Mr. Grosso travelled to Argentina in search of mining projects and quickly assembled a known team of geologists to identify key regions and proceeded to stake and assemble a property portfolio in ideally located regions of Argentina becoming one of the early mining pioneers. Thereafter, Grosso Group discovered the worldclass Gualcamayo project, now in production by Yamana Gold. Additional discoveries include the worldclass Navidad silver deposit now held by Pan American Silver and the Chinchillas silver deposit now going into production in H2 2018 in partnership with SSR Mining Inc.
Acknowledgements:
2005 Mr. Grosso named "Argentina's Mining Man of the Year"
2013 Mr. Grosso received an "Award of Distinction" for the Grosso Group's long track record, conviction and upport of the mining industry in Argentina
2014 Mr. Grosso received, at the Argentina Mining conference, the "Prominent International Businessman" award
2015 Golden Arrow Resources Corporation named "Exploration Company of the Year" in Argentina
2018 Golden Arrow Resources Corporation one of the "Ten Best Mining Companies to Watch in 2018" as selected by Insights Success Magazine
Mr. Nikolaos Cacos, M.I.M., VP Corporate Development & Director
Mr. Cacos brings over twenty years of management expertise in the mineral exploration industry. He has extensive experience in providing strategic planning to and administration of public companies. Mr. Cacos serves as a director and officer of several publicly traded companies. He holds a Master of International Management degree from Heidelberg, Germany and a Bachelor of Science degree from the University of British Columbia.
Brian McEwen PGeol., VP Exploration & Development
Mr. McEwen is a professional geologist with more than 30 years of exploration and production experience in open-pit and underground mining projects and operations. The extent of his experience is global in managing numerous projects in Canada, US, Europe, Asia, Africa and throughout Latin America. Mr. McEwen's previous roles include more than a decade with MRDI (AMEC Peru) where he was responsible for project management, economic resource and reserve calculations for various precious and base metal companies worldwide, including BHP Billiton, CM Antamina, Teck, Hochschild and Phelps Dodge among others.
Alf Hills, Mining Engineer, Production Operation, Director
Alf Hills has over 35 years of international mine evaluation, development and operational experience. From 2006 to 2013, he was the CEO and a director of Kobex Minerals Inc. and its predecessor company, International Barytex Resources. Prior to that he spent 26 years with the Placer Dome group. He was involved in the development of the CIM Best Practice Guidelines for Mineral Resource and Mineral Reserve Estimates. Mr. Hills is registered as a Professional Engineer and is a graduate of the University of British Columbia in Mining and Mineral Process Engineering.
Golden Arrow Resources Corporation is an exploration company with a successful track record of creating value by making precious and base metal discoveries and advancing them into exceptional deposits.
Golden Arrow discovered and owns a 25% share of Puna Operations Inc., a joint venture company operated by SSR Mining, an experienced precious metals miner. Puna Operations is producing silver concentrate from the Pirquitas operation and developing the nearby Chinchillas silver project, which has more than eight years of forecast production and upside potential.
Management has made four world‑class discoveries of which two are in production.
The insiders, family and friends maintain a sizable share position (approx. 20%) in Golden Arrow and take part in all the private placements.
The Company is managed by Grosso Group Management, founded by Joseph Grosso, which is widely-recognized and respected as one of the most experienced and successful mining management groups in the junior mining industry whose member companies have four world-class discoveries of which two are in production, two heading towards production.
Being early pioneers of mining in Argentina has given Grosso Group the ability to pick the best geological targets in the country and successfully through its member companies explore, develop and monetize from discoveries for the benefit of shareholders and actively and hunting for more discoveries.
We are mine finders with the expertise to use funds in the most efficient manner and get the best value for our shareholders’ exploration dollars advancing discoveries.
The Grosso Group and its member company, Golden Arrow, have a reputation as a premier exploration group with a primary focus on community relations and respect for all levels of government. This puts the odds of discovery in our favour, as the track record demonstrates.
Golden Arrow provides exposure to cash flow, through its producing asset, as well as upside in discovery through its highly prolific and extensive portfolio of exploration properties.
Golden Arrow is fully funded to develop its share of capex costs for the integration of the Chinchillas deposit by Puna Operations Inc. Our partner in Puna Operations, SSR mining, is supplying a line of credit at favorable terms for our upcoming infrastructure responsibilities developing the Chinchillas site.
Share Capital Summary | |
---|---|
Shares Issued | 101,974,517 |
Warrants | 4,509,996 |
Options | 9,000,000 |
Fully Diluted | 115,484,513 |
We were one of the top volume traders not long ago, but as the precious metals markets have retreated, and with mid-summer upon us, volumes have decreased. We are trading better than most and Golden Arrow provides good liquidity.
Golden Arrow owns a 25% share of Puna Operations Inc, a joint venture company operated by SSR Mining, an experienced precious metals miner. Puna Operations is producing silver concentrate from the Pirquitas operation and developing the nearby Chinchillas silver project, which has more than 8 years of forecast production and upside potential.
Puna Operations will be trucking ore before the end of this year and will be the world’s eighth largest primary silver producer when in full operation.
We have over 200,000 hectares of property of which we control 100%.
Catalysts for Golden Arrow include:
We are constantly on the road, when timing and market conditions are right we undertake awareness campaigns, we have a very large shareholder list and are very active on Google and social media.
The Goldletter/ Marino Pieterse
Cesare Report /Thibaut Lepouttre
The Gold Speculator/Byron King/Jim Richards
The Gold News Letter/ Brien Lundin
Gold Stock Analyst/John Doody
Fundamental Research
Seeking Alpha
Rick Rule
Doug Casey
Adrian Day
The Goldletter/ Marino Pieterse
Cesare Report /Thibaut Lepouttre
The Gold Speculator/Byron King/Jim Richards
The Gold News Letter/ Brien Lundin
Gold Stock Analyst/John Doody
We have a number of funds and many mining industry leaders.
Better silvers prices. Puna Operations production, good exploration news and new acquisitions.
Yes, just like everywhere, there is political risk. But, because of our reputation of working closely with the communities, we have never been refused a permit in 25 years.
Changes in government are always a concern. Argentina has a very pro-mining government at this time and its approval rating is high. We believe this will continue. Argentina has seen large inflow of foreign investment since the new government has taken office, it is a great time to be working in the country.
This is happening now and it hurts the share price but presents a buying opportunity.
Yes. Puna Operations will be one of the lowest cash cost producers in the world for Silver.
The price of silver.
During the first quarter of 2018, PUNA Operations commenced a 2,400 meter surface drill program at Pirquitas targeting mineralization that would augment the Cortaderas underground Mineral Resources. During the second quarter of 2018, twelve drillholes were completed for 1,587 meters.
The second quarter saw increased activities in both pre-stripping and construction with the completion of recruitment of new mine personnel and mobilization of contractors at both Pirquitas and Chinchillas.
We are waiting for drill results for Antofalla. We are also actively looking for advanced properties to acquire.
We believe Golden Arrow is not receiving a proper valuation because we are in what is generally known as the orphan stage in the mining business. As we start production, we expect the Company to be properly valued.
The trucking of ore from the Chinchillas deposit to the mill will begin in the early part of the fourth quarter. This is a major millstone to have a significant producing asset.
We have an exploration team that is exceptional at what they do and passionate about their work. We fully expect to make more large discoveries and increase shareholder value.
Thank you and keep up the great work at the Canadian Mining Report.
Joe Grosso
/NOT FOR DISTRIBUTION TO THE UNITED STATES/ TSX Venture Exchange (TSX-V): GRGFrankfurt Stock Exchange (FSE): G6AOTCQB Venture Market (OTCQB): GARWF VANCOUVER, BC, Nov. 22, 2024 /CNW/ - Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), ("Golden...
TSX Venture Exchange (TSX-V): GRGFrankfurt Stock Exchange (FSE): G6AOTCQB Venture Market (OTCQB): GARWF /NOT FOR DISTRIBUTION TO THE UNITED STATES/ VANCOUVER, BC, Nov. 12, 2024 /CNW/ - Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), ("Golden Arro...
TSX Venture Exchange (TSX-V): GRGFrankfurt Stock Exchange (FSE): G6AOTCQB Venture Market (OTCQB): GARWF VANCOUVER, BC, Oct. 31, 2024 /CNW/ - Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), ("Golden Arrow" or the "Company&q...
Golden Arrow Resources (TSX-V:GRG) (FSE:GAC) (OTCQB:GARWF) ("Golden Arrow" or the "Company") 2017 was a significant year for Golden Arrow ...
BRIEF-Silver standard exercises option to form JV with Golden Arrow for Chinchillas Project. * Silver Standard exercises option to form joint venture with Golden ...
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GOLDEN ARROW RESOURCES CORPORATION
Location: Canada, Vancouver, BC, V6C 3N6
Address: Suite 312 - 837 West Hastings Street
Telephone: 604.687.1828; Fax: 604.687.1858
Email: info@goldenarrowresources.com
EXPLORATION OFFICES
Location: Argentina, Ciudad de Mendoza, C.P.5500
Address: Sobremonte 579
Telephone: +54 261 425 9567
Email: adminar@goldenarrowresources.com
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