Golden Arrow Resources Corporation (GRG) News

Golden Arrow is on FIRE - GRG.V & GARWF -
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Highlights of the Mineral Resource Estimate:

New Measured Resource of 17 million ounces of AgEq at 149 g/t AgEq grade.
(3.6 million tonnes grading 115g/t silver, 0.56% lead, 0.38% zinc at a 45g/t AgEq cut-off)
Increase in Indicated Resources by 34 million ounces to 138 million ounces AgEq.
(30.6 million tonnes grading 88g/t silver, 0.85% lead, 0.60% zinc at a 45g/t AgEq cut-off)
Average grade increased from 125g/t AgEq to 142 g/t AgEq in Measured and Indicated.
Inferred Mineral Resource of 90 million ounces of AgEq at 85 g/t AgEq grade (32.9 million tonnes grading 42g/t silver, 0.44% lead and 0.76% zinc at a 45g/t AgEq cut-off)
Deposit continues to remain open to expansion

Details of the mineral resource estimate methodology, including metals pricing and equivalency calculations, a comparison with the previous estimate, sensitivity analysis to cut-off grades and sampling QA/QC can be found in the section below.

A NI 43-101 Technical Report supporting disclosure of this mineral resource and containing addition details will be filed by Golden Arrow on SEDAR within 45 days of this press release.

http://www.goldenarrowresources.com/s/NewsReleases.asp?ReportID=745189&_Type=News-Releases&_Title=Golden-Arrow-Announces-Upgraded-Resource-Estimate-for-Chinchillas-Silver-Pr...