Golden Arrow Reports on Puna Operations
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www.goldenarrowresources.com • [email protected] OTCQB Venture Market (OTCQB): GARWF
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NEWS RELEASE – October 12, 2018
Golden Arrow Reports on Puna Operations
Vancouver, BC / Globe Newswire / October 12, 2018 / Golden Arrow Resources Corporation (TSX -V:
GRG, FSE: G6A, OTCQB: GARWF), “Golden Arrow” or the “Company”) is pleased to announce that the
Company’s joint venture partner in Puna Operations Inc. , (“Puna”) has reported the third quarter 2018
production results for Puna’s Chinchillas silver-zinc-lead deposit in Argentina.
In their news release dated October 11, 2018, SSR Mining reported:
Continued positive performance at Puna Operations : Produced 0.7 million ounces of silver, more
than doubled zinc production to 3.2 million pounds, and successfully test processed Chinchil las ore.
“Pre-stripping activities at the Chinchillas site continued to advance during the quarter. Approximately 2.1
million tonnes of waste and 0.3 million tonnes of ore were mined, with ore grades reconciling well to the
geological model. Approximately 73,000 tonnes of ore from the Chinchillas pit were delivered to the Pirquitas
site, of which approximately 39,000 tonnes were processed in two separate test runs as part of the project
execution. The tests successfully validated metallurgical performance of the ore and produced saleable lead-
silver and zinc concentrates.”
“We are pleased with the progress being made at Chinchillas and look forward to continued strong performance
as Chinchillas ramps up to full production,” commented Joseph Grosso, Golden Arrow Chairman and CEO.
Qualified Persons
Brian McEwen, P.Geol., VP Exploration and Development to the Company and a Qualified Person as defined
in National Instrument 43-101, has reviewed and approved the contents of the news release.
About Golden Arrow:
Golden Arrow Resources Corporation is an exploration company earning production income. The Company
has a successful track record of creating value by making precious and base metal discoveries and advancing
them into exceptional deposits. Golden Arrow owns a 25% share of Puna Operations Inc., a joint venture
operated by SSR Mining, with more than 8 years of forecast production and upside potential at the Pirquitas -
Chinchillas silver mining project. Golden Arrow is actively exploring on its more than 200,000 hectares of
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
“Joseph Grosso”
_______________________________
Mr. Joseph Grosso,
Executive Chairman, President and CEO
News Release October 12, 2018
Golden Arrow Resources Corporation Page 2
For further information, please contact:
Corporate Communications
Tel: 1-604-687-1828
Toll-Free: 1-800-901-0058
Email: [email protected]
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.
This news release may contain forward -looking stateme nts. Forward -looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. 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.