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Golden Arrow Resources is a member company of the Grosso Group and recently cashed up its treasury through the sale of its net smelter royalty interest in Yamana's Gualcamayo mine. This was the first of three discoveries made by the Grosso Group who have played a pioneering role in the mining industry of Argentina since 1993 when the country opened up to foreign investment. Company Chairman Joseph Grosso received Argentina's 'Mining Man of the Year' award in 2005 for his second discovery, considered among the largest silver deposits in the world. Today, Golden Arrow is focused on advancing its Chinchillas Silver Project, discovered one year ago and located in the Province of Jujuy, Argentina approximately 30kms from Silver Standard's Pirquitas mine. The Company announced its maiden NI 43-101 compliant resource estimate in May 2013.