Golden Arrow Receives Environmental Approval for San Pietro Project, Chile
Golden Arrow Receives Environmental Approval for San Pietro
Project, Chile
VANCOUVER, BC
,
Nov. 10, 2025
/CNW/ -
Golden Arrow Resources Corporation (TSX-V: GRG, FSE: G6A, OTCQB: GARWF),
("
Golden Arrow
" or the "
Company
") is pleased to report that a significant permitting milestone has been achieved for the San Pietro
Copper-Gold Project in Atacama Region,
Chile
.
Following an extensive process spanning over a year, an Environmental Qualification Resolution ("
RCA
") has been issued by the
Chilean authorities responsible for environmental matters. The RCA includes several authorizations and most importantly allows for an
additional 80 drilling platforms, mainly in the area of the Rincones and Colla deposits (see
Figure 1
). Each platform is a location where
one or more drill holes can be executed, which provides the Company a large scope for the next phase of detailed drilling to upgrade
and expand the resources.
Brian McEwen
,
Golden Arrow
VP Exploration and Development stated,
"We are pleased to have reached this milestone, which went
very smoothly thanks to our professional team in Chile. This approval allows us to complete the infill drilling program at Rincones
and Colla to both upgrade the resource category and potentially increase the average grades of copper and gold mineralization. The
next program will also include step-out drilling to test for extensions to mineralization, both between the deposits and in several
directions that remain open. In addition to those large-scope programs envisioned at our existing deposits, we are working to
advance our exciting new gold exploration targets like
Noemi and Cerro Sur
to be ready for drill testing in the new year."
Independent consulting group Ambiental y Sectorial SpA (the "
Consultants
") were commissioned to complete the environmental
assessment process for the requested areas, which involved conducting baseline studies focused on ecosystem protection,
groundwater monitoring, and archaeological surveys, as well as studies and interviews with local communities. The work was
compiled and submitted as a "Environmental Impact Declaration" (
Declaración de Impacto Ambiental; "
DIA
") to the relevant authorities
in the Atacama Region,
Chile
. The DIA evaluation process concluded successfully with the issuance of an RCA on
November 6, 2025
,
which authorizes the implementation of the requested work and establishes environmental obligations in relation to that work. The RCA
includes environmental permits related to waste management, sewage works, and closure, among others.
Qualified Persons
Brian McEwen
, P.Geol., VP Exploration and Development to the Company is a Qualified Person as defined in National Instrument 43-
101 and has reviewed and approved the contents of the news release.
About the San Pietro Project
The San Pietro Project targets the discovery of multiple deposits of copper, gold, iron and cobalt ("
IOCG
") on over 21,000 hectares
located approximately 100 kilometres north of Copiapó in the Atacama Region of
Chile
. To date,
Golden Arrow
has completed an initial
Mineral Resource Estimate for the Rincones and Colla IOCG deposits that includes 2.5 Mlbs of contained Cu and 770,000 oz
contained Au in the Inferred category (492 Mt with an average grade of 0.23% Cu, 0.05 g/t Au, 99 g/t Co and 14.43% Fe;
NI 43-101 Technical Report
filed on SEDAR+).
Situated between and adjacent to Capstone Copper's Manto Verde Mine property and Santo Domingo Project, San Pietro is in the
centre of a new IOCG district within an active, well-developed mining region that is home to all the major IOCG deposits in Chile.
Golden Arrow
operates San Pietro through its 75%-owned Chilean subsidiary, New Golden Explorations Inc. ("
NGE
").
About
Golden Arrow
:
Golden Arrow
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.
Golden Arrow
is actively exploring its flagship property, the advanced San Pietro IOCG project in
Chile
, and a portfolio that includes
nearly 125,000 hectares of prospective properties in Argentina.
The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in
Argentina
since
1993.
ON BEHALF OF THE BOARD
"Nikolaos Cacos"
_______________________________
Mr.
Nikolaos Cacos
,
President and CEO
Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the
adequacy or accuracy of this release.
Cautionary Note Regarding Mineral Resources
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all or any part
of the Mineral Resources will be converted into Mineral Reserves. Mineral Resources in the Inferred category have a lower level of
confidence than that applied to Indicated mineral resources, and, although there is sufficient evidence to imply geologic grade and
continuity, these characteristics cannot be verified based on the current data. It is reasonably expected that the majority of Inferred
mineral resources could be upgraded to Indicated mineral resources with continued exploration.
Cautionary Note Regarding Forward Looking Statements
This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and
therefore involve inherent risks and uncertainties. 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 potential mineralization and future exploration plans of the San Pietro project; the Company's business strategy, plans and
outlooks; the future financial or operating performance of the Company are forward-looking statements.
Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to
differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially
realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could
cause actual results or events to differ materially from current expectations include, among other things: risks and uncertainties related
to the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with obtaining necessary regulatory
approvals (including the TSXV's approval); risks associated with technical difficulties in connection with exploration activities; and the
possibility that future exploration, development or mining results will not be consistent with the Company's expectations. Actual results
may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's public
disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no
obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws.
View original content to download multimedia:
https://www.prnewswire.com/news-releases/golden-arrow-receives-environmental-approval-for-san-pietro-project-chile-302609292.html
SOURCE
Golden Arrow Resources Corporation
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/November2025/10/c0481.html
%SEDAR: 00042897E
For further information:
For further information, please contact: Corporate Communications, Tel: 1-604-687-1828, Toll-Free: 1-800-
901-0058, Email: [email protected]
CO: Golden Arrow Resources Corporation
CNW 07:00e 10-NOV-25