THE CRITICAL INVESTOR

Dear subscriber,

After the slightly controversial sale of their 25% interest in the Puna operation to SSR Mining at a fair but rock bottom price, Golden Arrow Resources has no longer the benefit of potential silver leverage, but instead received a large amount of SSR shares. This enables them to do lots of acquisitions and exploration right away, and as they are working on projects in homebase Argentina, Paraguay and Chile, I expect lots of newsflow on exploration in the first half of 2020. My focus is on the Indiana project in Chile, which could potentially contain 1Moz Au near surface, and seemingly very high grade for a near surface mineralized envelope as well. If Golden Arrow can advance the historic estimate into a NI43-101 of that size, I regard such a project at the current strong gold price as even much more economic and substantial compared to their former Chinchillas project. At the end of 2019, it seemed like a good opportunity to ask President and CEO Joe Grosso to get a status update. Read more about it here:

A Critical Interview With Joe Grosso, President & CEO Of Golden Arrow Resources

Regards,

The Critical Investor