Additional details from the trenching program, as well as other work in progress, are included below.
Examples of similar projects in the area include the Calcatreu low sulphidation gold-silver project located 165 kilometres to the southwest, hosting 746,000 oz of Indicated gold equivalent resources and a further 390,000 oz of Inferred AuEq resourcesi.
Golden Arrow commenced the trenching program at Flecha de Oro in December 2020, with the initial work undertaken at the Puzzle property.
Since the commencement of trenching at Esperanza on March 1st, 2021, Golden Arrow has completed 20 trenches totaling 1,693 metres across surface quartz veins and sheeted veinlets that range from a few centimeters to two metres in width.
Rosales Copper Project, Chile Golden Arrow has awarded Quantec Geoscience Chile Ltda the contract for completing a new Transient Electromagnetic surface geophysical survey at the Rosales Copper Project in May.
In the interim, the Golden Arrow exploration team has commenced a detailed soil sampling program over the new geophysical targets that have no surface outcrop to refine drill targets in those areas.
Samples were prepared at their facility in Mendoza, Argentina and assayed for gold by Fire Assay/Atomic Absorption finish and analyzed for a multi-element package by ICP-OES following a four-acid digestion at their laboratory in Lima, Peru.
The results of the Company’s exploration program have been reviewed, verified and compiled by the Company’s geological staff under the supervision of Brian McEwen, P.Geol., VP Exploration and Development to the Company.
Golden Arrow Resources Corporation is a mining exploration company with a successful track record of creating value by making precious and base metal discoveries and advancing them into exceptional deposits.
All statements, other than statements of historical fact, that address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the Company’s plans for its mineral properties; the Company’s business strategy, plans and outlooks; the future financial or operating performance of the Company; and future exploration and operating plans are forward-looking statements.
Factors that could cause actual results or events to differ materially from current expectations include, among other things: the impact of COVID-19; risks and uncertainties related to the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations.