Phase II Drilling Intercepts 108m @ 125 g/t Ag At Chinchillas Silver Deposit; Mineralized Zones Continue to Expand

About this update from Golden Arrow Resources Corp.

[{"type":"text","content":"\nPhase II Drilling Intercepts 108m @ 125 g/t Ag At Chinchillas Silver Deposit; Mineralized Zones Continue to Expand\n\n(via Thenewswire.ca)\n \n \nGolden Arrow Resources Corporation (TSX-V: GRG, FRA: GAC (WKN: A0B6XQ), \"Golden Arrow\" or the \"Company\") is pleased to announce the results of the final 19 drill holes from the 35 hole Phase II program at the Chinchillas silver project in Jujuy, Argentina, 30 kilometres northeast of Silver Standard Resources Inc.'s Pirquitas silver mine and 85 kilometres north of Glencore International plc's Aguilar silver-lead-zinc mine. Golden Arrow has drilled 13,500 meters (76 holes) during Phase I and II drilling. The mineralized zone begins at surface and continues at depth and remains open to expansion at depth and to the north, east and west.\n\n \n \nDrilling highlights include:\n\n \n \n-108m @ 125 g/t Ag, 1.2% Pb in CGA-77, including:\n\n\n \n-3m @ 712 g/t Ag, 7.7% Pb\n\n\n \n-And 10m @ 308 g/t Ag, 1% Pb and 0.7% Zn\n\n\n \n-20m @ 379 g/t Ag, 2.1% Pb in CGA-89, including:\n\n\n \n-3m @ 1593 g/t Ag, 2.2% Pb\n\n\n \n-93m @182 g/t Ag, 1.4% Pb, 0.5% Zn, in CGA-90 including:\n\n\n \n-2m @ 2614 g/t Ag, 5.3% Pb, 1.6% Zn\n\n \n \nThe Company's Phase II drill program at Chinchillas has successfully concluded, with a total of 7,286 metres completed. Results from the program will be combined with results from the previous 41 drill holes, for a total of over 13,500 metres of drill data. This data will be used to define the first NI 43-101 compliant silver-lead-zinc resource and complete the associated technical report, which is underway. The technical report will include the results of metallurgical testing, for which the final results are pending. A Phase III drill program is also being planned, and will proceed following the completion of the resource estimate work. \n\n \n \n\"We are excited with these results which expand the known mineralization by as much as 220 metres from the previously defined Silver Mantos zone, and indicates a large high grade silver area in the basement of the zone, which will be included in our next drill program.\" stated Brian McEwen, VP Exploration and Development.\n\n \n \nDrilling Highlights\n\n \n \nThe latest drill results continue to expand the Silver Mantos zone to the west, southwest and south. Drilling encountered both near-surface disseminated manto-style ...

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