Business
Shareholder Update from Golden Arrow Executive Chairman, President and CEO
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 3, 2017) - Golden Arrow Resources Corporation (TSX VENTURE:GRG) (FRANKFURT:GAC) (OTCQB:GARWF), "Golden Arrow"
About this update from Golden Arrow Resources Corp.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 3, 2017) - Golden Arrow Resources Corporation (TSX VENTURE:GRG) (FRANKFURT:GAC) (OTCQB:GARWF), \"Golden Arrow\" or the \"Company\") is pleased to is pleased to provide the following update from the Executive Chairman, President & CEO, Mr. Joseph Grosso. \"The option agreement with Silver Standard Resources (TSX:SSO) (NASDAQ:SSRI) for the combination of Golden Arrow's Chinchillas Project with Silver Standard's Pirquitas Mine is still in progress (see Golden Arrow News Release dated October 1, 2015). As the 18 month option draws to a close on March 30, 2017, we await Silver Standard's decision. We are appreciative for the professional and transparent technical cooperation between Silver Standard and Golden Arrow which has allowed the advancement of our Chinchillas deposit to this advanced mine planning and prefeasibility stage. Golden Arrow is committed to the Business Combination Agreement and we look forward to fully achieving a final resolve by March 30, 2017. Our shareholders should find comfort that our Chinchillas deposit has been advanced to a stage where we can be autonomous in the future. We are committed to seeing the development of the Chinchillas Deposit in the near future. The Grosso Group has had a successful track record in Argentina since 1993 (24 continuous years). We believe that Argentina, where mining is still relatively new, is becoming a better place for mining companies. We have worked hard and diligently to establish the mutual trust and cooperation with the provinces in which we operate as well as any affected mining communities. We plan to continue bringing our experience, technology and capital and deploy these resources within the 2.78 million sq. km of Argentina. We will keep our shareholders informed of our progress. Golden Arrow remains an attractive company with 214,000 hectares of property situated in prime locations in Argentina and a highly respected management team with a track record of success. Golden Arrow is on its way to a higher growth potential.\" About TSX Venture 50™ The TSX Venture 50™ are the top 10 companies listed on the TSX Venture Exchange, in each of the five major industry sectors - mining, oil & gas, clean technology & life sciences, diversified industries and technology - based on a ranking formula with equal weight...