Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) is best known for its Chinchillas silver-lead-zinc project in Argentina’s Jujuy province, but the prospect generator also has properties in the country’s San Juan and La Rioja provinces, and is now extending its reach into Catamarca province in an option deal to acquire a silver and base metals project called Antofalla.
“It’s one of the ones that we’ve had our eye on for a couple of years,” says Brian McEwen, the company’s vice president of exploration and development. “You can see this large area of alteration at Antofalla and we started looking at it on Google Earth two or three years ago.“
“When we signed our due diligence deal and did some chip channel sampling on outcrops we came back with some spectacular results, like 14.9 metres of 271 grams silver and 1% lead.”
Under the option deal with the private vendor—an Argentine