Golden Arrow Resource Corp (GARWF)

Golden Arrow Resources Corporation was incorporated on July 7, 2004, as a result of a corporate restructuring plan completed by Kobex Minerals Inc. On January 27, 2010, the Company completed the spinout of its Peruvian and Colombian properties by way of a statutory plan of arrangement. The Company is a junior mineral exploration company engaged in the business of acquiring, exploring and evaluating natural resource properties and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. The Company's material mineral property interest is located in the South America. On May 29, 2009 the Company received its first quarterly payment from Yamana Gold Inc. from the Company's 1% net smelter returns royalty from the initial production at Yamana's Gualcamayo gold mine located in San Juan, Argentina. On August 3, 2011 the Company announced an option agreement with a private group to acquire a 100% interest in the 979ha Chinchillas Silver Project located in Jujuy Province. Golden Arrow has five 100% owned exploration properties in the Fronterra mining district of San Juan Province where Barrick Gold Corporation's Veladero and Pascua Lama deposits are located. The Potrerillos property is located approximately 8 km due east of Barrick Gold's Veladero deposit and shares many The Potrerillos property is located approximately 8 km due east of Barrick Gold's Veladero deposit and shares many geologic similarities with both Veladero and Pascua-Lama. The Company announced on June 6, 2010 the results of the Panorama Zone work, where only limited prior sampling had been carried out.