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Golden Arrow Acquires Rosales Copper Project, Chile
Golden Arrow Acquires Rosales Copper Project, Chile Canada NewsWire VANCOUVER, B...
About this update from Golden Arrow Resources Corp.
[{"type":"text","content":"\n\n\n\nGolden Arrow Acquires Rosales Copper Project, Chile\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, BC, July 20, 2020\n\n\n\nTSX Venture Exchange (TSX-V): GRGFrankfurt Stock Exchange (FSE): G6A OTCQB Venture Market (OTCQB): GARWF                         \n VANCOUVER, BC, July 20, 2020 /CNW/ - Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), (\"Golden Arrow\" or the \"Company\") is pleased to report that it has acquired, via staking, the Rosales Copper Project in Region III, Chile (\"Rosales\" or \"the Project\"). Initial reconnaissance work indicates that Rosales has several priority target areas characterized by zones of near-surface copper stockwork mineralization, potentially related to larger mineralized systems at depth. Initial sampling results from the Project returned up to 5.74% Cu.\n\n \n \n \n \n \n \n\n \n\"The Golden Arrow technical team has a keen interest in Chile as a mature mining jurisdiction that currently offers undervalued projects with excellent upside and the potential for low development costs, with reasonable acquisition and transaction fees. The team is enthusiastic about expanding the Company's activities in Chile, and has reviewed dozens of precious and base metal projects to select for further evaluation those with the best potential for value creation. With copper prices rising rapidly, the Rosales Project has emerged as an excellent candidate, with the opportunity for both high-grade copper and additional metals,\" stated Joseph Grosso, Golden Arrow Executive Chairman, President and CEO. \nThe Rosales Project is adjacent to claims hosting the currently operating small-scale underground Margarita mine, which exploits a copper stockwork zone with malachite-azurite-cuprite-chalcocite mineralization. The Margarita mine lies along a structural trend that continues to the southwest onto the Rosales Project. Mineralized occurrences along this trend...