Categories: General Market Commentary / Precious Metals
Topics: General Market Commentary / General Precious Metals

Golden Arrow Resources: Ready for More Exploration in Argentina

It’s been a big year for Golden Arrow Resources (TSXV:GRG). The company reached a major milestone in May, when it completed a deal to combine its Chinchillas silver project with SSR Mining’s (TSX:SSRM,NASDAQ:SSRM) Pirquitas operation, and since then it has continued to move forward.

“The Grosso Group has three significant precious metals discoveries to its name, Chinchillas being the third,” said Nicholas Konkin, marketing and communications at Golden Arrow, at the recent New Orleans Investment Conference. “We [are looking] to continue to add to that successful exploration rate.”

Currently the company is conducting exploration through a wholly owned subsidiary, but Konkin said there are plans to spin it out into a public company. “There is a not a firm timeline as of yet — we will provide guidance on that in the near future,” he said. At the moment, he added, the best way to gain exposure to potential new discoveries is to buy into Golden Arrow itself.