Golden Arrow Receives Environmental Approval for San Pietro Project, Chile

Core Viewpoint - Golden Arrow Resources Corporation has achieved a significant permitting milestone for the San Pietro Copper-Gold Project in Atacama Region, Chile, allowing for expanded drilling activities [1][2]. Summary by Sections Permitting Milestone - An Environmental Qualification Resolution (RCA) has been issued by Chilean authorities, permitting the addition of 80 drilling platforms primarily in the Rincones and Colla deposits area [2][3]. - This milestone follows an extensive year-long environmental assessment process, which included baseline studies on ecosystem protection, groundwater monitoring, and archaeological surveys [2][3]. Exploration Plans - The approval enables the completion of an infill drilling program at Rincones and Colla to upgrade resource categories and potentially increase average grades of copper and gold [3]. - Future drilling will also include step-out drilling to explore extensions of mineralization between deposits and in open directions [3]. Environmental Assessment - The environmental assessment was conducted by independent consultants, culminating in the successful issuance of the RCA on November 6, 2025, which establishes environmental obligations related to the work [2][3]. - The RCA includes environmental permits for waste management, sewage works, and closure [2][3]. Project Overview - The San Pietro Project covers over 21,000 hectares and targets multiple deposits of copper, gold, iron, and cobalt (IOCG) [5][6]. - An initial Mineral Resource Estimate for the Rincones and Colla IOCG deposits includes 2.5 million pounds of contained copper and 770,000 ounces of contained gold in the Inferred category [5]. Company Background - Golden Arrow is a mining exploration company with a successful track record in discovering and advancing precious and base metal deposits [7][8]. - The company operates the San Pietro project through its 75%-owned Chilean subsidiary, New Golden Explorations Inc. [6].