Golden Arrow's Phase III Drilling Intercepts 54 m of 290 g/t Silver at Chinchillas in Argentina

About this update from Golden Arrow Resources Corp.

[{"type":"text","content":"Golden Arrow's Phase III Drilling Intercepts 54 m of 290 g/t Silver at Chinchillas in Argentina(via Thenewswire.ca)\n\n \nVancouver, BC / TNW-ACCESSWIRE / Apr 24 2014 / Golden Arrow Resources Corporation (TSX-V: GRG, FRA: GAC (WKN: A0B6XQ), \"Golden Arrow\" or the \"Company\") is pleased to announce results from the first seven holes of the 6000 metre Phase III drill program at the Chinchillas Silver Project in Jujuy province, Argentina. \n\n\n \n\"We are excited by these initial results from the Phase III exploration program. Some of the targets that have been drilled were based on geophysics. The fact that we have had success with this method gives us confidence that we will be able to build on our existing resource at Chinchillas with other similar targets. Management has now approved increasing the program to 8,000 metres, with most of the additional drilling directed at new targets\". Joseph Grosso, President & C.E.O.\n\n\n \nThe Phase III drill program is designed to expand the existing resource at Chinchillas. The results reported below indicate that drilling has successfully intersected significant new silver, lead and zinc mineralization not reported in the projects current NI 43-101 resource estimate1. Highlights of the results include:\n\n\n \n\n\n- 54 m at 290 g/t silver, 1.8% lead and 0.5% zinc at 130m depth in CGA-93, \n\n\n\n\n\n- Including 4m @ 882 g/t silver, 3.3% lead and 1.3% zinc\n\n\n\n- And also 5m @ 1172g/t silver, 4.2% lead and 1.4% zinc\n\n\n\n\n\n- 13 m at 359 g/t silver, 2.4% lead at 199m depth also in CGA-93\n\n\n\n- 43 m at 181 g/t silver, 1.3% lead at 106m depth in CGA-94\n\n\n\n- 44 m at 102 g/t silver, 0.8% lead and 0.8% zinc at 11m depth in CGA-95\n\n\n\n\n\n- Including 13m @ 218 g/t silver, 1.4% lead and 1.1% zinc\n\n\n\n\n\n- 28 m at 105 g/t silver, 1.2% lead and 0.8% zinc at 157m depth in CGA-98\n\n\n\n\n \n\"Results from these holes represent expansion of the known mineralization,\" commented Golden Arrow VP Exploration and Development Brian McEwen. \"We believe this will continue to be the case based on visual estimates of mineralization in the core from which results are pending, including from new targets that are over a kilometre from the existing resources.\" \n\n\n \nThe Phase III program plan initially included a minimum of 6000 metres of diamond drilling, and this has now been inc...

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