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Golden Arrow Resources Corp.

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Summary

Project:

Chinchillas

Deposit:Chinchillas
Location:Argentina
Commodities:Silver-Lead-Zinc
Date:12/3/2014
Report Code:NI43-101
Report Type:PEA
Project Stage:Pursuing Resource Increase/Upgrade
Report details:3-12-2014: Golden Arrow Resources Corp. announces a PEA report for its Chinchillas deposit at the Chinchillas project. Updated PEA results incl. pre-tax NPV (8%) of $372.8M, IRR of 30.0%, 3.2 year payback. The purpose of this Technical Report is to summar
Resources:(Resource): 24.6Mt @ 121.1g/t AgEq. (Ind.) and 22.0Mt @ 97.1g/t AgEq. (Inf.)
CP/QP:[Resources]: Bruce Davis, Kyle Howie (BD Resource Consulting Inc.;Independent)
ABSTRACT:The purpose of this Technical Report is to summarize the updated Preliminary Economic Assessment completed for the Chinchillas Project, disclosed in a press release dated October 30th 2014, in accordance with the guidelines of NI 43-101 and Form 43-101F. This technical report supersedes a previous Technical Report for the Mineral Resource Estimate published on October 10th, 2014. A previous Preliminary Economic Assessment was filed on SEDAR on January 20th, 2014, based on a smaller resource base.

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