is pleased to announce that it has filed on SEDAR a NI 43-101 Technical Report dated September 14th 2015, to support the updated mineral resource estimate for the Chinchillas silver-lead-zinc project in Jujuy Province, Argentina, as announced July 31st 2015.

A copy of the Technical Report is available on the Company website, www.goldenarrowresources.com.

Qualified Persons
The mineral resource estimate and associated Technical Report was prepared under the direction of Bruce Davis, FAusIMM, BD Resource Consulting, Inc. with contributions from Robert Sim, P.Geo, SIM Geological Inc. (SGI) and Bruce Smith, MAusIMM CP(Geo). Based on education, work experience relevant to this style of mineralization and deposit type, and membership in a recognized professional organization, both Mr. Sim and Mr. Davis are independent Qualified Persons (QP) and Mr. Smith is a non-independent QP, within the requirements of NI 43-101 for the purpose of the mineral resource estimate in the Technical Report.

The contents of the news release have been reviewed and approved by Brian McEwen, P.Geol., VP Exploration and Development to the Company, and a QP under the requirements of NI 43-101.

About Golden Arrow:
Golden Arrow is a Vancouver-based explorer focused on identifying, acquiring and advancing precious and base metal projects in Argentina with the goal of achieving a world class discovery. The main focus is on advancing the flagship Chinchillas Silver Project located in Jujuy, Argentina. Golden Arrow is a member of Grosso Group, a management company specialized in resource exploration, and working in Argentina where it is highly regarded and trusted since 1993.

ON BEHALF OF THE BOARD

"Joseph Grosso"
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Mr. Joseph Grosso, Executive Chairman, President and CEO

For further information please contact:

Corporate Communications
Tel: 1-604-687-1828
Toll-Free: 1-800-901-0058
Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.