Golden Arrow Resources Corporation
TSX VENTURE : GRG
FRANKFURT : GAC

Golden Arrow Resources Corporation

May 27, 2016 18:54 ET

Golden Arrow Files NI 43-101 Technical Report for Chinchillas Silver Project Mineral Resource Estimate

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 27, 2016) - Golden Arrow Resources Corporation (TSX VENTURE:GRG)(FRANKFURT:GAC)(WKN:A0B6XQ), ("Golden Arrow" or the "Company") is pleased to announce that it has filed on SEDAR a NI 43-101 Technical Report dated May 27th, 2016, to support the updated mineral resource estimate for the Chinchillas silver-lead-zinc project in Jujuy Province, Argentina, as announced April 12th, 2016.

A copy of the Technical Report will also be made available on the Company website, www.goldenarrowresources.com.

Qualified Persons

The mineral resource estimate and associated Technical Report was prepared under the direction of Bruce Davis, FAusIMM, of BD Resource Consulting, Inc. with Robert Sim, P.Geo, of SIM Geological Inc. and Brian McEwen, P.Geol. Based on education, work experience relevant to this style of mineralization and deposit type, and membership in a recognized professional organization, both Mr. Sim and Mr. Davis are independent Qualified Persons (QP) and Mr. McEwen is a non-independent QP, within the requirements of NI 43-101 for the purpose of the mineral resource estimate in the Technical Report.

The contents of the news release have been reviewed and approved by Mr McEwen, P.Geol., who is VP Exploration and Development, and a QP under the requirements of NI 43-101.

About Golden Arrow:

Golden Arrow Resources is a Vancouver-based exploration company focused on creating value by making precious and base metal discoveries and advancing them into exceptional deposits. The Company is currently focused on its Chinchillas Silver Project located in the mining-friendly Province of Jujuy, Argentina. Exploration has progressed rapidly since the acquisition of the project in late 2011. The innovative transaction announced October 1st 2015, positions the Company to maximize shareholder value by fast-tracking Chinchillas to production and becoming a 25% owner of the Pirquitas silver mine.

ON BEHALF OF THE BOARD

Mr. Joseph Grosso, Executive Chairman, President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information