09:12 AM EST, 01/29/2025 (MT Newswires) -- Golden Arrow Resources ( GARWF ) on Wednesday said results from the final two holes of the Phase 2 drill program at the San Pietro Project in Chile have helped confirm a broad extension of the Rincones target up to 400 metres to the south.

Including the two previously reported holes from the phase 2 drill program, Golden Arrow reports that each of the four holes has now reported intervals of between 180 and 310 metres that average over 0.2% copper and 0.03 g/t gold, plus significant cobalt and iron. This southern Rincones area is expected to have a significant positive impact on the Mineral Resource Estimate (MRE) that is currently underway.

Golden Arrow noted that the area remains sparsely drilled and open for expansion, particularly towards the Colla target located 600 metres further to the south-southeast.