REDONDO BEACH, CA–(Marketwired – Apr 27, 2017) – SECFilings.com, a leading financial news and information portal offering free real-time public company filing alerts, announces the publication of an article and executive interview discussing the Grosso Group and how its experience in Argentina is helping to ensure the success of Golden Arrow Resources Corp. (TSX VENTURE: GRG) (OTCQB: GARWF). In the interview, Golden Arrow’s VP of Exploration and Development, Brian McEwen, talks about the company’s recent developments and the direction forward.
A History of Success
The Grosso Group is a private management company that has become a leading pioneer of mineral exploration. Since 1993, the group has discovered three multi-million ounce precious metal deposits and partnered with industry majors. The group’s president, Joseph Grosso, was also named Argentina’s Mining Man of the Year in 2005.
The Grosso Group was founded by Joseph Grosso, a respected entrepreneur with extensive international business experience in South America, Europe, and Asia. In addition to promoting good mining practices, Mr. Grosso is fluent in Italian, English, and Spanish and lived in Argentina, where he acquired a very deep appreciation for Latin culture and successfully developed a vast network of contacts.
During a family visit to Argentina in 1993, Mr. Grosso met the ex-chief geologist for the government who explained the early-stage opportunities in Argentina. The two formed Minas Argentina S.A. and eventually discovered the Gualcamayo gold project, which Yamana has in production, along with the world’s largest primary silver deposit, Navidad, which Pan American Silver is planning on bringing into production After advancing the Gualcamayo discovery through various stages of development, the project and company were sold to Yamana Gold Inc. — a $2.5 billion industry major.
Experienced Management Team
Grosso Group founder Joseph Grosso is joined by a team of experienced professionals in both finance and mining.
Darren Urquhart is a chartered accountant with more than 10 years of experience working in both public practice and industry. Over the years, Mr. Urquhart has offered Chief Financial Officer and accounting services to numerous TSX Venture-listed exploration companies in the Vancouver area. These qualifications make him perfect for helping keep public companies in Grosso Group’s portfolio on track in terms of finances and capital raising.
VP of Business Development, Mr. Nikolaos Cacos, MIM, BSc, has over 24 years of management experience in the mineral exploration industry, including the administration and strategic planning for public companies. He currently serves as an officer and director on several TSX Venture-listed companies, while his extensive experience helps companies in Grosso Group’s portfolio remain on track with their operational goals.
VP of Exploration and Development, Brian McEwen, is a professional geologist with more than 30 years of exploration and production experience in open pit and underground mining projects and operations. Throughout his career, Mr. McEwen has managed numerous projects in Canada, the United States, Asia, Africa, and Latin America with roles including project management, reserve calculations, and others.
Golden Arrow Resources recently announced its joint venture with Silver Standard Resources — a $1.3 billion industry major in the silver space. In addition to a $15 million payment on May 30, representing its share of profits from the Pirquitas silver mine since October 2015, the company will receive a 25% stake in Silver Standard’s Pirquitas mine and have a clear path forward for its Chinchillas project.
Under the terms of the deal, Silver Standard will receive access to Golden Arrow’s Chinchillas project that’s about 42 kilometers away from its open pit Pirquitas mine that’s rapidly running out of ore. The Chinchillas project will have convenient access to the mill, processing plant, and other equipment to keep production costs low. Golden Arrow will also benefit from ongoing revenue sharing without the full cost of developing the mine on its own.
Please follow the link to read the full article and see the interview: http://analysis.secfilings.com/articles/163-grosso-group-brings-decades-of-experience-to-golden-arrow-resources
About SECFilings.com
Founded in 2004, SECFilings.com provides free real-time filing alerts to over 600,000 registered members and offers services to help public companies grow their audience of interested investors.
Disclaimer
Except for the historical information presented herein, matters discussed in this release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC, which owns SECFilings.com, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. Emerging Growth LLC may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. For full disclosure please visit: http://secfilings.com/Disclaimer.aspx.
SECFilings.com
Paul Archie
406-862-2242
parchie@secfilings.com