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July 1 2013
GROSSO GROUP MEMBER COMPANY

Chinchillas: A Deposit for the Times
Disclaimer
Forward-Looking Statements

This presentation contains forward-looking statements, including but not limited to...
The Grosso Group Advantage

 Member company of The Grosso Group
 Pioneers in Argentina since 1993
 Multiple discoveries...
1993

2013

1993 Vision
For Mining

Argentine discovery
Grosso Group property
Grosso Group discovery

GRG.V

4

4
Chinchillas Silver Project
 Indicated Resource:
7.2 Mt @119 g/t Ag, 0.57% Pb, 0.48% Zn
(32.6 million ounces Ag Eq)
 Infe...
Chinchillas Geological Model

GRG.V

6

6
Chinchillas Geology

GRG.V

7

7
Chinchillas: A Deposit for the Times

✔ OPEN PIT AMENABLE
 Lower cost and fast pay back
✔ NEAR SURFACE DEPOSIT
 Low pre-...
Chinchillas Metallurgy

✔ VERY HIGH RECOVERIES OF SILVER, LEAD, & ZINC (first bench scale testing)
✔ 98.7% RECOVERY OF AG ...
Resource
Mineral Resource Statement for the Chinchillas Project, May 2013 by Kyle Howie, MAIG and Bruce Davis, FAusIMM
Res...
Chinchillas Infrastructure
 GOOD EXISTING INFRASTRUCTURE means
faster timeline to production
✔ Close to Highway
✔ Power L...
Growth Strategy
A Regional Silver Play in the Making
Grow Chinchillas
 Infill drilling to upgrade resources
 Step-out dr...
Peer Group Market Valuation
Silver Exploration & Development Company Comparisons
(May 28, 2013)
Location

Status

Price

M...
Valuation of Compatibles

Recent Transactions:
Coeur d’Alene paid $1.76 per ounce for Mirasol’s silver project in Argentin...
Capital Structure
Shares Issued
Warrants

41,823,655
0

Options (avg price = $0.36)

4,150,000

Fully Diluted

45,973,655
...
A Visionary
Mr. Joseph Grosso is a respected entrepreneur with extensive international business
experience having operated...
Key Management

BRIAN McEWEN PGeol. - VP Exploration & Development
Mr. McEwen is a professional geologist with more than 3...
Mandate to Deliver Value
PRIORITY #1: Achieve Value for Chinchillas Silver Deposit


Chinchillas is still an unknown and ...
A Timely Opportunity
✔ RARE OPPORTUNITY – current market weakness has created an opportunity to
buy into Chinchillas for f...
Contact
Corporate Head-Office:
Suite 709, 837 W Hastings ST
Vancouver, BC, Canada V6C 3N6
Telephone: 604 687 1828
Toll fre...
APPENDIX A
Chinchillas Option Terms
Golden Arrow may acquire a 100% interest in the Chinchillas project by making
the cash...
1993 Argentina
A vision for a Mining Destination
Joseph Grosso is a respected entrepreneur with
extensive international bu...
Why Argentina
Our confidence in Argentina as a mining destination remains strong
with the Company’s management team having...
APPENDIX C
Key Industry Players in Argentina
Anglo American PLC
Anglogold Ashanti
AREVA Resources Canada Inc.
Argentex Min...
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Golden Arrow Resources

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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.

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Golden Arrow Resources

  1. 1. July 1 2013 GROSSO GROUP MEMBER COMPANY Chinchillas: A Deposit for the Times
  2. 2. Disclaimer Forward-Looking Statements This presentation contains forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve known and unknown risks and uncertainties. You can identify these statements by forward-looking words such as "believes", "expects", "plans", "projects", "estimates" and other words of similar meaning. They can also be identified by the fact that they do not relate strictly to historical or current facts. Many factors can cause actual results to differ from these forward-looking statements, including inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. The known risks are discussed in greater detail in the Company’s prospectus under the heading "Risk Factors" and in our Management Information Circulars which are filed on SEDAR (www.sedar.com) and with the British Columbia, Alberta and Ontario Securities Commissions. No forward-looking statement can be guaranteed and actual results may differ materially from those currently anticipated in such statements. We do not assume the obligation to update any forward-looking statement. Cautionary Note to U.S. Investors The United States Securities and Exchange Commission ("SEC") permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this presentation, such as "mineral resources", "measured", "indicated", and "inferred resources", that the SEC guidelines prohibit being used. The contents of this presentation have been reviewed and approved Mr. Brian McEwen, P.Geol., VP Exploration and Development of the Company and a Qualified Person as defined in National Instrument 43-101. GRG.V 2 2
  3. 3. The Grosso Group Advantage  Member company of The Grosso Group  Pioneers in Argentina since 1993  Multiple discoveries made in multiple provinces  Extensive land packages  Impeccable corporate citizenship  Contemporary mining management policies GRG.V 3 3
  4. 4. 1993 2013 1993 Vision For Mining Argentine discovery Grosso Group property Grosso Group discovery GRG.V 4 4
  5. 5. Chinchillas Silver Project  Indicated Resource: 7.2 Mt @119 g/t Ag, 0.57% Pb, 0.48% Zn (32.6 million ounces Ag Eq)  Inferred Resource: 21 Mt @ 78 g/t Ag, 0.69% Pb, 0.62% Zn (72.2 million ounces Ag Eq)  Metallurgy results : up to 98.7% Ag recovery  Great Address: 30km NE of Silver Standard’s Pirquitas Mine.  10,500m of drilling in Phase I & II, 13,500m total  Drill highlights include 631 g/t Ag, 1.72% Pb, 0.93% Zn over 29 m, and 125 g/t Ag over 108 m.  Option to earn 100% interest (no royalty) GRG.V 5 5
  6. 6. Chinchillas Geological Model GRG.V 6 6
  7. 7. Chinchillas Geology GRG.V 7 7
  8. 8. Chinchillas: A Deposit for the Times ✔ OPEN PIT AMENABLE  Lower cost and fast pay back ✔ NEAR SURFACE DEPOSIT  Low pre-stripping and faster to put into production ✔ HIGH GRADE SILVER CORE IN SILVER MANTOS ZONE  Faster cash flow potential ✔ MULTIPLE FLAT LYING MINERALIZED ZONES  Straight-forward mine design equals lower capex ✔ SOFT MATERIAL  Easier extraction and lower costs ✔ QUICK TO MARKET  A potential near term start up GRG.V 8 8
  9. 9. Chinchillas Metallurgy ✔ VERY HIGH RECOVERIES OF SILVER, LEAD, & ZINC (first bench scale testing) ✔ 98.7% RECOVERY OF AG IN STAGE 1 (rougher flotation) and 90% after STAGE 2 (cleaner flotation)  Suggests that a high-grade concentrate can be developed ✔ STANDARD FLOTATION METHODS USED SUCCESSFULLY  Suggests that costs will be predictable and reasonable ✔ CHINCHILLAS LIKELY TO PRODUCE 2 SEPARATE SALEABLE CONCENTRATES: SILVERLEAD, AND ZINC GRG.V 9 9
  10. 10. Resource Mineral Resource Statement for the Chinchillas Project, May 2013 by Kyle Howie, MAIG and Bruce Davis, FAusIMM Resource Class/Zone Tonnage Ag Grade Pb Grade Zn Grade Ag Eq Grade Ag (Mt) (g/t) (%) (%) (g/t) (Moz) Pb Ag Eq (Mlbs) (MOz) Zn (Mlbs) Ag Eq (MOz) Total Ag Eq (MOz) Indicated Resources Silver Mantos 7.2 118.6 0.57 0.48 141.2 27.4 90.2 2.8 76.0 2.4 32.6 Total Indicated Resources 7.2 118.6 0.57 0.48 141.2 27.4 90.2 2.8 76.0 2.4 32.6 Inferred Resources Silver Mantos 3.3 90.7 0.51 0.43 111.0 9.7 37.5 1.2 31.6 1.0 11.9 Mantos Contact 2.5 78.7 0.71 0.88 113.1 6.3 39.0 1.2 48.4 1.5 9.1 Mantos Basement 8.4 99.5 0.85 0.24 123.0 26.8 157.3 5.0 44.4 1.4 33.2 Socavon del Diablo 6.8 46.6 0.58 1.1 82.8 10.2 86.7 2.7 164.5 5.2 18.1 Total Inferred Resources 21.0 78.5 0.69 0.62 107.0 53.0 320.5 10.1 288.9 9.1 72.2 1. Resources in Table 1 are reported at 50g/t Ag equivalent (Ag Eq) cut-off, at $27/oz Ag, $0.85/lb Zn and $0.85/lb Pb at 100% recovery. 2. Silver equivalent calculations were used because of the contribution to revenue that Pb and Zn add to the deposit, especially in the zinc rich Socavon del Diablo Zone 3. Golden Arrow has not completed an economic evaluation to calculate the cut-off grade. A cut-off grade of 50 g/t Ag Eq is used for reporting purposes as 50 g/t Ag is utilized by Silver Standard at their Pirquitas Mining operation located 30kms from Chinchillas. 4. Totals may not add correctly due to rounding 5. Resources are classified according to their proximity to sample data locations and are reported, as required under NI 43-101, according to the CIM Definition Standards for Mineral Resources and Mineral Reserves. Mineral resources, which are not mineral reserves, do not have demonstrated economic viability. The quantity and grade of reported Inferred resources are uncertain in nature and there has been insufficient exploration to classify these inferred resources as Indicated or Measured, and it is uncertain if further exploration will result in upgrading them to an Indicated or Measured category. GRG.V 10 10
  11. 11. Chinchillas Infrastructure  GOOD EXISTING INFRASTRUCTURE means faster timeline to production ✔ Close to Highway ✔ Power Lines 30 km away ✔ Close to gas line ✔ Access to water  LOGISTICS AND SERVICES makes operating easier. ✔ Communications available  JURISDICTION BENEFITS ✔ Other existing precious/metal mining operations ✔ Recent extraction project permitting means faster time to development GRG.V 11 11
  12. 12. Growth Strategy A Regional Silver Play in the Making Grow Chinchillas  Infill drilling to upgrade resources  Step-out drilling to expand resources  Deep drilling to expand resources in basement Strategic acquisitions  Acquire other silver projects within district GRG.V 12
  13. 13. Peer Group Market Valuation Silver Exploration & Development Company Comparisons (May 28, 2013) Location Status Price MC (mm) EV (mm) Ag Moz Ag g/t MC/ Mozs Tahoe Guatamala Scoping Study $14.71 $2,181 $2,060 404 397 $5.40 MAG Mexico Scoping Study $6.88 $416 $358 154 262 $2.70 Paramount USA Pre-feasibility $1.38 $214 $185 161 8 $1.33 Sabina Canada Resource Estimate $1.16 $202 $55 53 37 $3.81 Bear Creek Peru Feasibility $1.93 $179 $103 571 38 $0.31 Silver Bull Mexico Early Exploration $0.41 $65 $55 83 45 $0.78 Mirasol Argentina Resource Estimate $1.28 $56 $44 28 101 $2.00 Wildcat USA Resource Estimate $0.36 $48 $50 315 36 $0.15 Kootenay Mexico Early Exploration $0.77 $38 $35 47 31 $0.81 Solotoro Mexico Early Exploration $0.23 $13 $8 79 57 $0.16 Kimber AVERAGE MEDIAN Golden Arrow Mexico Pre-feasibility Argentina Resource Estimate $0.10 $2.66 $1.16 $0.26 $8 $310.91 $65.00 $11 $5 $268.91 $55.00 $1 59 $177.64 $83.00 80 46 $96.18 $45.00 89 $0.14 $1.60 $0.81 $0.14 EV = MC-Cash Ag Moz = M+I+I GRG.V 13
  14. 14. Valuation of Compatibles Recent Transactions: Coeur d’Alene paid $1.76 per ounce for Mirasol’s silver project in Argentina in December 2012. Includes measured, indicated and inferred.* Discovery Cost Per Ounce: Chinchillas discovery cost per ounce of silver is $0.04. This is at the very low end of the scale in the industry. *Total resources of 69.7 million ounces, see Mirasol’s 2012-12-11 news release. GRG.V 14 14
  15. 15. Capital Structure Shares Issued Warrants 41,823,655 0 Options (avg price = $0.36) 4,150,000 Fully Diluted 45,973,655 Market Capitalization $9,828,559 Cash and cash equivalent Ownership (insiders/friends/family) +$10,000,000 52% To help protect your privacy, PowerPoint prevented this external picture from being automatically downloaded. To download and display this picture, click Options in the Message Bar, and then click Enable external content. No prior financing overhang As of July 1, 2013 GRG.V 15 15
  16. 16. A Visionary Mr. Joseph Grosso is a respected entrepreneur with extensive international business experience having operated for decades in North/South America as well as in various European and Asian countries. Of Italian descent and fluent in Italian, English and Spanish, Mr. Grosso lived in Argentina and Peru where he acquired a very deep appreciation for Latin culture and successfully developed a vast network of contacts which have been very beneficial to the associated companies of the Grosso Group. Mr. Grosso has developed a strong network of long-term national and international financial relationships. He has experience in financing, marketing strategies and has successfully formed strategic alliances and negotiated with mining industry majors such as Barrick, Teck, Newmont, Yamana Gold and Vale S.A. JOSEPH GROSSO Executive Chairman CEO and President During a family visit to Argentina in 1993, Argentina’s undeveloped geology east of Chile was the great motivator for Mr. Grosso’s career change into the mining industry where he became a mining pioneer in Argentina and thereafter discovered the world-class Gualcamayo project, now in production by Yamana Gold. Mr. Grosso’s additional discoveries include the world-class Navidad silver deposit now held by Pan American Silver; the Rio Tabaconas gold project and now he is on the trail of yet another discovery with the Chinchillas silver project. Led 3 major discoveries:  Navidad (Pan American Silver)  Gualcamayo (Yamana)  Chinchillas (Golden Arrow) GRG.V 16 16
  17. 17. Key Management BRIAN McEWEN PGeol. - VP Exploration & Development Mr. McEwen is a professional geologist with more than 30 years of exploration and production experience in openpit and underground mining projects and operations. The extent of his experience is global in managing numerous projects in Canada, US, Europe, Asia, Africa and throughout Latin America. Mr. McEwen’s previous roles include more than a decade with MRDI (AMEC Peru) where he was responsible for project management, economic resource and reserve calculations for various precious and base metal companies worldwide, including BHP Billiton, CM Antamina, Teck, Hochschild and Phelps Dodge among others. MICHAEL E. IANNACONE, CA – CFO & Corporate Secretary Mr. Iannacone received his Bachelor of Commerce degree (Accounting Major) from the University of British Columbia in 1978. Upon graduation he joined Coopers and Lybrand, Chartered Accountants (since merged into PricewaterhouseCoopers) where he completed his articles and obtained his Chartered Accountant designation in 1980. Mr. Iannacone completed five years with Coopers and Lybrand, working in audit related functions, with primary focus on natural resources and precious metals sector. Since leaving public practice Mr. Iannacone has worked in various operational and finance related positions for companies (both public and private) in such industries as software development, mineral resource development, mineral resource/precious metals production, industrial valve application and marine transportation. BRUCE SMITH MSc, MEng, AUSIMM – Argentina Exploration Manager Part of the team that discovered the AngloGold Ashanti's Siguiri Gold Mine, in Guinea and the Castle Gold Corp’s EL Sastre Gold Mine, in Guatemala, Mr. Smith has spent over 18 years exploring for metals in Australia, New Zealand, Philippines, West Africa, and Europe including 9 years working in the Americas. He manages the exploration office in Argentina, and has a BSc and MSc Geology from Otago, New Zealand, and his MEng in Water and Environmental Resource Management, from Delft Netherlands. GRG.V 17
  18. 18. Mandate to Deliver Value PRIORITY #1: Achieve Value for Chinchillas Silver Deposit  Chinchillas is still an unknown and its’ value is not being reflected in its’ share price.  Marketing programs have commenced in order to target:  ANALYST COMMUNITY – a technical presentation has been created and will be marketed via our technical team beginning May 13th, 2013. Use as springboard to enter the institutional market.  BROKER NETWORK – broker meetings have commenced in Vancouver, Calgary, Toronto and some small communities in Midwest USA.  RETAIL AUDIENCE – four initiatives underway. 1) Social Media channels have been created. 2) Engaged the influential newsletter community. 3) Attending tradeshows and presenting situation. 4) Traditional investor relations functions. GRG.V 18 18
  19. 19. A Timely Opportunity ✔ RARE OPPORTUNITY – current market weakness has created an opportunity to buy into Chinchillas for free (net of cash position). ✔ LOW RISK – by calculating cash as a percentage of market cap, Golden Arrow is among the best financed juniors on the TSX venture market. ✔ FAST TRACK TO PRODUCTION – Chinchillas is a “deposit for the times” due to its several advantages as a near term production candidate. ✔ ANOTHER GROSSO GROUP DISCOVERY - investors get:  Comfort of 20 years operating experience in Argentina.  To invest alongside management & insiders who own 52%.  To participate with a seasoned team with 3 discoveries in the past. ✔ RELATIVE VALUE ANOMALY – Vis-à-vis its peers, GRG is massively discounted and using recent transactions as a benchmark. GRG.V 19 19
  20. 20. Contact Corporate Head-Office: Suite 709, 837 W Hastings ST Vancouver, BC, Canada V6C 3N6 Telephone: 604 687 1828 Toll free: 1 800 901 0058 Sean Hurd, VP Corporate Communications, Grosso Group info@goldenarrowresources.com TSX.V: GRG; Frankfurt: GAC www.goldenarrowresources.com GRG.V 20 20
  21. 21. APPENDIX A Chinchillas Option Terms Golden Arrow may acquire a 100% interest in the Chinchillas project by making the cash payments to the vendor laid out in the table below: Timing On Signing Cash Payments ($US) $20,000 PAID By January 2012* $80.000 PAID By July 2012 $150,000 PAID By July 2013 $250,000 By July 2014 $400,000 By July 2015 $900,000 Total $1,800,000 Furthermore the Company must make an additional payment of $1.2 million to the vendor upon the commencement of commercial production See August 3rd, 2011 Press Release for further details GRG.V 21 21
  22. 22. 1993 Argentina A vision for a Mining Destination Joseph Grosso is a respected entrepreneur with extensive international business experience having operated for decades in North/South America as well as in various European and Asian countries. Mr. Grosso visited family in Argentina in 1993 and coincidentally met a pre-eminent geologist and professor at the University of Buenos Aires who introduced him to the potential of discovering mining deposits in Argentina. This encounter together with Argentina’s undeveloped geology east of Chile was the great motivator for Mr. Grosso’s career change into the mining industry where he became a mining pioneer forming the Grosso Group and establishing Minas Argentina S.A. (MASA) and thereafter discovering the world-class Gualcamayo project. The trail of discoveries continues with GRG’s new flagship Chinchillas Project which has the promise of a very large deposit in the making and is located in the province of Jujuy, Argentina within the well-known Bolivian/Silver/Zinc belt that extends into Argentina. GRG.V 22 22
  23. 23. Why Argentina Our confidence in Argentina as a mining destination remains strong with the Company’s management team having successfully operated there since 1993 with an affinity for the culture, managing risks and creating positive economies in remote regions. The Grosso Group member companies have the advantage today of holding approximately 900,000 hectares of properties (approximately 2,200,000 acres). Argentina has:  Sprawling discoveries and promising geology  145 mining companies operating in Argentina among them key industry leaders who continue advancing world-class projects  Investment growth up to 72% in 2012  Superior infrastructure compared to other South American countries with an educated and skilled labour force  A liberal Mining Code and one of the lowest property holding fees in South America  Stable government / regulatory systems throughout the country  Improved in ranking by 11 points as evidenced in the Fraser Institute Mining Survey of 2012 which ranked Argentina as the second best mining destination after Chile in South America.  New Chinchillas silver discovery in Jujuy Province. Argentine discovery Grosso Group property Grosso Group discovery GRG.V 23 23
  24. 24. APPENDIX C Key Industry Players in Argentina Anglo American PLC Anglogold Ashanti AREVA Resources Canada Inc. Argentex Mining Corporation Barrick Gold BHP Billiton Limited Buenaventura Coeur D’Alene Mines Corp. FMC Lithium Glencore Internacional AG Gold Fields Ltd. Goldrock Mines Corp. Goldcorp Inc. Hochschild Mining PLC IAM Gold Corporation International Lithium Corp. Lumina Copper Corp. Marifil Mines Ltd. McEwen Mining Inc. GRG.V Metallurgical Corporation of China Ltd. (MCC) Minera IRL Mirasol Resources Ltd. Newmont NGEx Resources Inc. NovaGold Resources Inc. Orocobre Ltd. Pan American Goldfields Pan American Silver Corp. Patagonia Gold PLC Silver Standard Resources Inc. Silver Wheaton Corp. Stillwater Mining Company Sumitomo Metal Mining C.O. Ltd. Teck Resources Limited TNR Gold Corp. Vale Xstrata Copper Yamana Gold Inc. 24 24

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