Agricola Resources Plc

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Company Information for Golden Arrow Resources


Company Statement

Golden Arrow Resources Corporation (GRG-TSX.V) is in a strong position for growth with just over 15 million shares issued, a treasury with over CDN 6.0 million in cash, no debt and a 1% net smelter royalty ("NSR") on Yamana Gold Inc.'s exciting Gualcamayo Gold Project that is currently at the feasibility stage


Current Operations

Golden Arrow is in a very strong and unique position for a junior exploration company, for a variety of reasons.With our deep history in Argentina and Peru, and association with the Grosso Group, we are able to have access to the best land locations, and have the opportunity to explore and then stake those properties ourselves. Currently we have 40 properties covering over 200,000 hectares in total, and 10 of those properties we have taken to the drill ready category.

Golden Arrow has a proven technical team capable of developing projects from early stage exploration to the feasibility stage. Our technical team discovered the Gualcamayo property, which Yamana Gold will be putting into production sometime in late 2008.

In addition, Golden Arrow retains a 1%NSR on the Gualcamayo property, that is not capped and is projected to generate over one million dollars a year in cash flow, covering the company’s annual overhead. With our current cash position of over $6.0M, and a share structure that has only 15.2 million issued and outstanding, with just under 21 million shares on a fully diluted basis, Golden Arrow offers shareholders several advantages to grow their investment in the company.


Geographical Spread

Argentina and Peru


Board of Directors and Key Management

Mr. Joseph Grosso - President, CEO and Director
Dr. David Terry, P.Geo. - Vice President Exploration and Director
Mr. Arthur (Art) Lang, B.Comm., C.A. - Position: CFO & Director
Mr. David J. Horton, B.Comm., MBA. - Director
Mr. Sean D. Hurd - Director & VP Corporate Communications
Mr. Nikolaos Cacos, M.I.M. - Director
Mr. Manfred Kurschner - Director
Dr. John B. Gammon - Director
Ms. Linda McClusky - Secretary

Company Address

Suite 709
837 West Hastings Street
Vancouver, British Columbia, Canada V6C 3N6

Telephone:+1.604.687.1828
Facsimile:+1.604.687.1858
Email:bkorhonen[at]grossogroup.com
Website:http://www.goldenarrowresources.com

Capital

Monday January 14, 2008
Shares Issued: 15,252,255
Warrants: 4,210,000
Options: 1,478,900
Fully Diluted: 20,941,155

Year End

December 31st

Major Shareholders

Sprott Asset Management
Europacific Capital
Canaccord Capital

Related News

14/02/08 - Golden Arrow Resources Has Imminent Cash Flow And Exciting Exploration Upside

Most Recent Statement

23/06/08 - Golden Arrow Hires New Exploration Manager
20/12/07 - Golden Arrow Resources Corporation Short Positions on 2007/12/15 12,000
15/11/07 - Golden Arrow Commences Drilling on Poncha Gold-Copper Project, San Juan, Argentina
15/10/07 - Golden Arrow Resources Corporation to be Be Profiled On Business Television
06/09/07 - Golden Arrow Reports Drill Results from Poncha Gold Project
06/09/07 - Golden Arrow Announces Stock Options

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