Golden Arrow Resources

Sep 22, 2008: News Release

Golden Arrow Signs Deal With Barrick

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TSX-V:GRG	0.00	Day High	0.20
Last:	0.20	Day Low	0.19
Volume	679	Date	Jan 2, 2009

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 1.8 million in cash, no debt and a 1% net smelter royalty ("NSR") on Yamana Gold Inc.'s exciting Gualcamayo will begin production in Q4 2008.

Golden Arrow's large property portfolio is the result of 14 years of development; it contains 40 precious and base metal projects that cover 200,000 hectares of prospective ground in both Argentina and Peru. Ten of the Company's properties are in the drill ready category, of which 2 will be drilled over the next 12 months. We will be doing more geophysical work on our Poncha property to determine further drill targets and will have our drill plan and timeline determined over the course of the next few weeks.

Golden Arrow's Management Team is one of the most experienced in the field today. The Company is an industry leader in the exploration for precious metal discoveries in Argentina and Peru. The Grosso Group Management Ltd. are industry professionals that have earned a reputation for creating value for shareholders by identifying new opportunities through their extensive experience in the exploration industry and their diverse network of contacts in South America.


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