=======================================================================
Correction
=======================================================================
Golden Arrow Resources Corporation (GRG -- TSXV) ("Golden Arrow" or the
"Company") announces that further to the Company's press release dated
May 28, 2009, the Company wishes to retract its statement regarding the
projected NPV of its NSR royalty as the disclosure was not compliant
with applicable regulations. In particular, the Company does not at
this time have a NI 43-101 report to support this disclosure. The
disclosure was prepared by management of the Company based on publicly
available information regarding the Gualcamayo project.
ON BEHALF OF THE BOARD
"Joseph Grosso"
Mr. Joseph Grosso, President & C.E.O.
For further information please contact Joseph Grosso, President & CEO,
or investor relations, at 1-800-901-0058, or 604-687-1828, or fax
604-687-1858.
The TSX Venture Exchange does not accept responsibility for the
adequacy or the accuracy of this release.
This news release may contain forward-looking statements including but
not limited to comments regarding the timing and content of upcoming
work programs, geological interpretations, receipt of property titles,
potential mineral recovery processes, etc. Forward-looking statements
address future events and conditions and therefore involve inherent
risks and uncertainties. Actual results may differ materially from
those currently anticipated in such statements.
2009 Number 10
=======================================================================
Copyright (c) 2009 GOLDEN ARROW RESOURCES CORPORATION (GRG) All rights
reserved. For more information visit our website at
http://www.goldenarrowresources.com/ or send
mailto:info@goldenarrowresources.com
=======================================================================
.
<
|
Golden Arrow Resources
|
|
EXPLORATION STAGE |
CODE : GRG.V |
ISIN : CA3808001026 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Golden Arrow Res. is a gold exploration company based in Canada. Golden Arrow Res. holds various exploration projects in Argentina. Its main exploration properties are GUALCAMAYO (GOLDEN ARROW), PENASCUDO (GOLDEN ARROW), COSTA (GOLDEN ARROW), VICTORIA AND LAS BAYAS, VARITAS, POTRENILLOS, PONCHA, VALLE DEL CURA, MOGOTES, SAN JOSE (GOLDEN ARROW) and ANTIGUYO in Argentina and RIO TABACONAS in Peru. Golden Arrow Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 7.3 millions as of today (US$ 5.3 millions, € 5.0 millions). Its stock quote reached its highest recent level on April 05, 2007 at CA$ 1.50, and its lowest recent point on September 18, 2023 at CA$ 0.07. Golden Arrow Res. has 97 280 000 shares outstanding. |