On May 14, 2025, Golden Arrow Resources Corporation (TSX-V: GRG, FSE: G6A, OTCQB: GARWF) released a press statement highlighting significant advancements in their exploration efforts at the San Pietro Copper-Gold-Iron oxide-Cobalt Project located in Chile. The report unveiled new sampling results from the Noemi and Lolita Norte targets, as well as the acquisition of a new concession package, Cerro Sur, which is expected to enhance discovery potential at the site.

2. New Exploration Targets

Noemi Target

The Noemi target, located approximately 7 kilometers south of the Rincones resource area, has shown promising results indicative of IOCG (Iron Oxide Copper Gold) deposits. Key findings include:

High Magnetic Anomalies: The area exhibits strong magnetic anomalies that coincide with mineralized breccias and veins, which are up to 3 meters wide.

Rock Chip Samples: Multiple anomalous rock chip samples were collected, with significant results including a 1.4-meter sample averaging 3.41% copper (Cu) and 0.26 grams per tonne gold (Au).

Prominent Breccia Veins: The Florencia structure within Noemi returned notable gold-copper values, including a 3.0-meter sample averaging 4.19 g/t Au and 2.08% Cu over a strike length of 800 meters.

Lolita Norte Target

Roughly 3 kilometers west of Noemi, the Lolita Norte target has been identified as a high-priority exploration site. New sampling has confirmed:

Gold and Copper Mineralization: A 1.9-kilometer-long structure believed to be an extension of a historically mined vein system shows consistent mineralization.

Vein Widths: The mineralized vein structure varies from 1 to 8 meters in width, and samples collected from old miner workings yielded promising gold assays, indicating the continuation of valuable mineralization in the region.

3. Acquisition of Cerro Sur

Golden Arrow has acquired the Cerro Sur concession package, spanning 1,500 hectares, which is adjacent to the San Pietro Project. This acquisition is crucial for several reasons:

Historic Drilling: Previous drilling at Cerro Sur, amounting to approximately 10,000 meters, has shown promising results, including intercepts of gold ranging up to 27.9 g/t and copper averages reaching 0.25% over significant intervals.

Potential for Additional Discoveries: The area has a history of exploration conducted by major companies, and preliminary reviews suggest that it holds significant potential for new gold and copper discoveries. The company plans to relog and retest existing drill core to validate and expand the historic data.

4. Expert Insights

Brian McEwen, VP of Exploration and Development at Golden Arrow, expressed enthusiasm regarding the exploration results. He stated, “The results from Noemi and Lolita Norte are very promising, and the amount of gold is particularly encouraging.” He further emphasized the importance of the Cerro Sur acquisition, noting that it presents a considerable opportunity for further discoveries.

5. Ongoing Exploration and Future Plans

Golden Arrow's 2024 exploration program has involved extensive surface exploration across the San Pietro property, including geological mapping and magnetics surveys. The company is planning additional fieldwork to delineate targets for future drilling at both the Noemi and Lolita Norte sites, as well as the newly acquired Cerro Sur concession.

6. Conclusion

The recent announcements from Golden Arrow Resources Corporation could signify a pivotal moment for the San Pietro Project, with promising exploration results and new acquisitions enhancing the potential for mineral discovery. As the company continues its systematic exploration efforts, stakeholders and investors will be keenly watching for further developments that could impact the project's future trajectory.

Original press release