Key facts
| Company | GRG Resources Corp. (TSXV: GRG) |
|---|---|
| Commodity | Gold |
| Location | Canada |
| Stage | Early exploration |
About San Pietro
The San Pietro Project involves the exploration for copper, gold, iron and cobalt (IOCG) deposits within 21,000 hectares of exploration and exploitation concessions situated at modest altitude in the Atacama region of Chile, approximately 100 kilometres north of the city of Copiapo. The project is in an active mining district that is home to all the major IOCG deposits in Chile. There is excellent mining and processing infrastructure in the area, and the project benefits from highway access, two powerlines on the property and a mining support town just 8km away.
News releases37 on file
Golden Arrow Completes Sale of Copper Assets at San Pietro Project
The sale of copper assets at the San Pietro Project to Capstone Copper Corp. and a wholly-owned subsidiary has closed, following disinterested shareholder approval on August 21, 2026. Joint venture New Golden Exploration Chile SpA, owned 75.019% by Golden Arrow and 24.981% by Sociedad de Servicios Andinos SPA, received 2,200,012 Capstone common shares valued at approximately US$25,000,000. Transac
AcquisitionGolden Arrow Announces Shareholder Approval of Sale of Copper Assets at San Pietro Project
Shareholders approved the special resolution for the sale of the copper assets at the San Pietro Copper-Gold-Iron-Cobalt project to Capstone Copper Corp. and a wholly-owned Capstone subsidiary at the annual general and special meeting held August 21, 2026, with 86,896,631 votes for (98.77%) and 1,083,292 against (1.23%). The transaction, announced June 23, 2026, is expected to close in Q3 2026 sub
AcquisitionGolden Arrow Announces Filing of its Meeting Materials in Connection with its Annual General and Special Meeting to Approve Sale of Copper Assets at San Pietro Project
Meeting materials for an annual general and special meeting have been mailed and filed, with the meeting set for August 21, 2026 at 8:30 a.m. (Vancouver time) at 3500 – 1133 Melville Street, Vancouver, British Columbia. Shareholders will vote on the proposed sale of the copper assets at the San Pietro Copper-Gold-Iron-Cobalt project to Capstone Copper Corp. and a wholly-owned subsidiary, announced
CorporateGolden Arrow Confirms Near-Surface Gold Zone with Trench Results including 76.7m @ 1.01 g/t Au at Noemi Gold Target, San Pietro Project, Chile
Trenching at the Noemi gold target on the San Pietro project in Chile's Atacama Region returned gold intervals in 19 of 20 trenches, including 76.7 m @ 1.01 g/t Au (Trench 14), 73.4 m @ 0.87 g/t Au (Trench 15) and 38.7 m @ 1.44 g/t Au including 22.5 m @ 2.24 g/t Au (Trench 16). The program totaled 1,380 metres of trenching and 803 samples across two areas spanning more than three kilometres. Golde
Drill resultsGolden Arrow Receives Environmental Approval for San Pietro Project, Chile
An Environmental Qualification Resolution (RCA) was issued by Chilean authorities on November 6, 2025 for the San Pietro copper-gold project in Chile's Atacama Region, authorizing an additional 80 drilling platforms mainly at the Rincones and Colla deposits, plus permits covering waste management, sewage works and closure. Planned work includes infill drilling to upgrade resource categories and st
CorporateGolden Arrow Completes Additional Sampling and Commences Trenching Program at Noemi Gold Target, San Pietro Project, Chile
A trenching program has commenced at the Noemi gold target on the San Pietro IOCG project in Chile's Atacama Region, with an excavator mobilized this week and work expected to take about two weeks. Up to 12 trenches totalling roughly 720 metres and about 600 samples will test northern and southern extensions of a structural zone previously mapped over 1 kilometre of strike. A further 52 rock chip
Drill resultsGolden Arrow Reports Exciting New Gold Results from the Noemi Target at the San Pietro Project, Chile
Summer surface sampling at the Noemi target on the San Pietro IOCG project in Chile's Atacama Region returned 24 of 50 new samples above 1 g/t Au, with chip channel intervals of 10.0m averaging 1.88 g/t Au, 8.0m averaging 1.66 g/t Au and 10.5m averaging 1.82 g/t Au, plus a high of 5.67 g/t Au over 0.30 m in a subparallel structure. The main structural zone is mapped over 1 kilometre of strike, ave
Drill resultsGolden Arrow Appoints New President & CEO
Nikolaos Cacos has been appointed President & CEO of Golden Arrow Resources, replacing Joseph Grosso, who steps down from those roles but remains a director and Chairman of the Board. Cacos previously served as Vice President, Corporate Development and a Director of the Company, and has held senior executive roles in Grosso Group companies since 1993. Golden Arrow is exploring the San Pietro iron
ManagementGolden Arrow Reports Gold and Copper at New Exploration Targets and Expands Concessions at San Pietro Copper-Gold Project, Chile
First sampling results from two new targets at the San Pietro copper-gold-iron oxide-cobalt project in Chile returned 3.0 m averaging 4.19 g/t Au and 2.08% Cu at the Florencia structure at Noemi, and 1.4 m averaging 3.41% Cu and 0.26 g/t Au, with gold and copper confirmed along 1.9 km of strike at Lolita Norte. The company also secured a 100% interest in the adjacent 1,500-hectare Cerro Sur conces
Drill resultsGolden Arrow Announces Exercise of Option at the San Pietro IOCG Project
Sociedad de Servicios Andinos SpA has exercised its option to acquire 333 shares of New Golden Explorations Chile SpA, about 25% of the issued and outstanding shares, by contributing US$5,000,000 comprising US$2,000,000 in cash, US$3,000,000 in drilling, heavy machinery, truck rental and other services, and a promissory note of $18,078.97. NGE holds a 100% interest in the San Pietro iron oxide-cop
NewsGolden Arrow Files Technical Report for San Pietro Copper-Gold-Iron-Cobalt Project, Chile
An NI 43-101 technical report has been filed supporting the first mineral resource estimate for the San Pietro copper-gold-iron-cobalt project in Chile's Atacama Region, previously reported February 28, 2025. The Rincones and Colla deposits host an Inferred resource of 492 Mt at 0.41% CuEq, 0.23% Cu, 0.05 g/t Au, 99 ppm Co and 14.43% Fe, containing 2,470 Mlb Cu, 770 Koz Au, 107 Mlb Co and 157 Blb
Study resultsGolden Arrow Reports Initial Mineral Resource Estimate for San Pietro Copper-Gold-Iron-Cobalt Project, Chile
An initial mineral resource estimate for the San Pietro copper-gold-iron-cobalt project in Chile reports 492 million tonnes grading 0.23% Cu, 0.05 g/t Au, 14.43% Fe and 99 ppm Co in the Inferred category, containing 2.5 billion pounds of copper and 770,000 ounces of gold. The pit-constrained estimate, effective January 24, 2025, is based on 83 drill holes totalling 32,733 metres at the Rincones an
Resource updateGolden Arrow Reports a Strong Finish to Phase 2 Drilling, Including 224m @ 0.2% Copper, at San Pietro Project, Chile
The final two holes of Phase 2 drilling at the San Pietro copper-gold-iron-cobalt project in Chile returned 180m averaging 0.21% Cu, 0.07 g/t Au, 95 g/t Co and 12.9% Fe from 276.73m in SP-DDH-39, and 224.17m averaging 0.20% Cu, 0.03 g/t Au, 63 g/t Co and 11.6% Fe from 317.05m in SP-DDH-40. These holes, with SP-DDH-29 and SP-DDH-38, extend the Rincones target up to 400 metres south. Phase 2 totalle
Drill resultsGolden Arrow Drills 283 metres averaging 0.23% Copper and Expands Southern Rincones Target Area, at San Pietro Project, Chile
Drilling at the Rincones target of the San Pietro IOCG project in Chile returned 283 metres averaging 0.23% Cu, 0.04 g/t Au, 101 g/t Co and 15.5% Fe from 83 metres depth in hole SP-DDH-38, including 9.35 metres at 0.74% Cu, 0.43 g/t Au, 254 g/t Co and 38.6% Fe. SP-DDH-37 returned 130 metres at 0.23% Cu from 250 metres, and SP-DDH-35 returned 102 metres at 0.25% Cu from 186 metres. Phase 2 drilling
Drill resultsGolden Arrow Finishes Phase 2 Drilling and Engages Consultants for Resource Estimate at San Pietro Project, Chile
Results from four more Phase 2 holes at the San Pietro IOCG project in Chile include 102.6 m averaging 0.22% Cu, 0.04 g/t Au, 100 g/t Co and 16.2% Fe from 67.4 m in SP-DDH-31, with 24.3 m of 0.48% Cu, 0.07 g/t Au, 214 g/t Co and 31% Fe. Phase 2 drilling is complete at 27 holes totaling approximately 9,100 m, with assays from six holes pending. Consultants have been engaged for a maiden Mineral Res
Drill resultsGolden Arrow Announces Non-Brokered Private Placement
A non-brokered private placement of up to 10,000,000 units at $0.05 per unit for gross proceeds of $500,000 has been launched, with each unit comprising one common share and one transferable warrant exercisable at $0.08 for three years. Proceeds will be used for general working capital, as the San Pietro IOCG project in Chile is already funded for a resource delineation program under a previously
FinancingGolden Arrow Intersects 310m @ 0.19% Copper in 400m Step-Out Drill Hole at the San Pietro Project, Chile
Drill hole SP-DDH-29, a roughly 400-metre step-out south of the Rincones target at the San Pietro IOCG project in Chile, returned 310.85 m averaging 0.19% Cu, 0.06 g/t Au, 127 g/t Co and 12.2% Fe from 186.4 m, including 149.6 m at 0.21% Cu and 19.28 m at 0.77% Cu, 0.16 g/t Au, 521 g/t Co and 21.7% Fe. Holes SP-DDH-27 and SP-DDH-30 returned shorter intervals plus anomalous molybdenum. The ~10,000-m
Drill resultsGolden Arrow Initiates Permitting for Additional Drilling at the San Pietro Iron-Copper-Gold-Cobalt Project, Chile
Chilean environmental consultancy Ambiental y Sectorial has been engaged to prepare an Environmental Impact Statement (DIA) for the San Pietro iron-copper-gold-cobalt project in Chile, which on approval would permit the creation of and drilling from an additional 80 platforms. Work begins in October, with submission to authorities expected in the first quarter of 2025. About two thirds of the Phas
CorporateGolden Arrow Continues to Intersect Thick Zones of Copper and of Cobalt Mineralization at the San Pietro Iron-Copper-Gold-Cobalt Project, Chile
Drill hole SP-DDH-22 at the Rincones target of the San Pietro iron-copper-gold-cobalt project in Chile returned 110 m at 0.40% Cu, 0.08 g/t Au, 85 g/t Co and 18.0% Fe from 158 m depth, including 1.12 m at 10.35% Cu, 2.44 g/t Au, 470 g/t Co and 23.1% Fe. At the Colla target, SP-DDH-25 cut 123.1 m at 443 g/t Co from 24.9 m, including 19.43 m at 790 g/t Co and 32.6% Fe. The 10,000-metre Phase 2 progr
Drill resultsGolden Arrow Appoints Vice President
Pompeyo Gallardo has been appointed Vice President of Golden Arrow Resources. Gallardo has 29 years of corporate finance experience in project structuring and financing, including joint ventures, metal streams, royalties, off-takes and metal pre-paids, and has previously served as CFO and corporate development consultant to junior mining companies, as a financial analyst at CIBC and in senior cred
ManagementGolden Arrow Drilling Hits Greater Than 0.4% Copper Over More Than 100 metres in Two New Step-Out Holes at the San Pietro Iron-Copper-Gold-Cobalt Project, Chile
Step-out drilling at the Rincones target of the San Pietro iron-copper-gold-cobalt project in Chile returned 109.10 m at 0.44% Cu, 0.06 g/t Au, 130 g/t Co and 15.0% Fe from 253.9 m in SP-DDH-18, including 12 m at 1.16% Cu, and 101.38 m at 0.43% Cu, 0.09 g/t Au, 177 g/t Co and 30.1% Fe from 35.6 m in SP-DDH-19. SP-DDH-20 returned 19.23 m at 0.45% Cu and 51.3% Fe from 202.77 m. The holes form part o
Drill resultsGolden Arrow Reports Exciting New Results Including 20m at 1.47% Cu from the Sparsely Drilled Centre of the Rincones Target at its San Pietro Iron-Copper-Gold- Cobalt Project, Chile
Assays from the first three holes of a 10,000-metre diamond drilling campaign at the San Pietro iron-copper-gold-cobalt project in Chile included, in SP-DDH-14, 11.1m at 463 g/t Co and 42.2% Fe from 46.4m, 5.95m at 0.80% Cu, 0.19 g/t Au, 159 g/t Co and 28.9% Fe from 180m, and 20m at 1.47% Cu, 0.16 g/t Au, 343 g/t Co and 27.2% Fe from 360m. SP-DDH-15 returned 132m averaging 0.44% Cu from 114m, and
Drill resultsGolden Arrow Provides an Update on Drilling at San Pietro Iron-Copper-Gold-Cobalt Project, Chile and Argentina Exploration Programs
The first hole of a roughly 10,000 m diamond drilling campaign at the Rincones target, San Pietro iron-copper-gold-cobalt project in Chile, SP-DDH-14, reached 401.2 m and logged four magnetite manto bodies over 10 m thick from about 42 m downhole plus a new 35 m-wide specularite breccia at 350 m; assays are pending and the second hole is underway, with a first mineral resource estimate planned for
Drill resultsGolden Arrow Commences Major Drill Campaign at the San Pietro Iron-Copper-Gold-Cobalt Project, Chile
Drilling has begun on the first hole of an approximately 10,000-metre diamond drilling campaign at the San Pietro iron-copper-gold-cobalt project in Chile, aimed at supporting a first Mineral Resource estimate. The program focuses on the Rincones target, where 2023 hole SP-DDH-12 returned 64.2m averaging 0.86% copper, 0.20 g/t gold, 196 g/t cobalt and 26.9% iron from 42.8m, with up to 3,000 metres
Drill resultsGolden Arrow Provides Update on Option Agreement at the San Pietro IOCG Project
New Golden Explorations Chile SpA, Golden Arrow's wholly-owned subsidiary, has received a total of US$616,817 in cash option payments from Sociedad de Servicios Andinos SpA under an option to subscribe for 333 shares, about 25% of NGE, at the San Pietro IOCG project in Chile. SSA has procured a new diamond drilling rig, equipment and personnel, with both teams preparing to start a drilling campaig
AcquisitionGolden Arrow Provides Update on Option Agreement at the San Pietro IOCG Project
Sociedad de Servicios Andinos SpA made the first of six bi-monthly option payments of US$333,333 on February 8, 2024 to New Golden Explorations Chile SpA, Golden Arrow's wholly-owned subsidiary, under an option to subscribe for 333 shares, approximately 25% of NGE, which holds the San Pietro iron oxide-copper-gold-cobalt project in Chile. The TSX Venture Exchange granted conditional approval on Ja
AcquisitionGolden Arrow Increases Non-Brokered Private Placement
Golden Arrow Resources has increased its non-brokered private placement to up to $1.2 million in aggregate gross proceeds, with all other terms unchanged from the offering announced January 19, 2024. Proceeds will fund early-stage exploration in Argentina and general working capital, as the San Pietro IOCG Project in Chile is already funded for a resource delineation program under the option agree
FinancingGolden Arrow Announces Non-Brokered Private Placement
A non-brokered private placement of up to 12,000,000 units at $0.05 per unit for gross proceeds of $600,000 has been launched, with each unit comprising one common share and one transferable warrant exercisable at $0.10 for three years. Proceeds will fund early-stage exploration in Argentina and general working capital, while the San Pietro IOCG project in Chile is funded through a previously anno
FinancingGolden Arrow Announces US$5 Million Option Agreement to Support Resource Delineation Program at the San Pietro IOCG Project
A fully executed option agreement dated January 9, 2024 gives Sociedad de Servicios Andinos SpA the right to subscribe for 333 shares of Golden Arrow's wholly-owned subsidiary New Golden Explorations Chile SpA, about 25% of NGE upon exercise, in exchange for US$5,000,000: US$2,000,000 cash in six bimonthly installments of US$333,333 starting February 1, 2024, and US$3,000,000 of drilling, machiner
AcquisitionGolden Arrow Closes Non-Brokered Private Placement
A non-brokered private placement closed with the issuance of 11,709,357 units at $0.07 per unit for gross proceeds of $819,655, each unit comprising one common share and one warrant exercisable at $0.15 for three years, expiring September 26, 2026. Finder's fees of $23,877.70 in cash plus 341,110 finder's warrants are payable, and insiders subscribed for $45,710 in units. Proceeds will fund genera
FinancingGolden Arrow Announces Non-Brokered Private Placement
A non-brokered private placement of up to 21,500,000 units at $0.07 per unit for gross proceeds of $1,505,000 has been launched, with each unit comprising one common share and one transferable warrant exercisable at $0.15 for three years. Proceeds will fund general working capital and exploration across all properties, including the San Pietro IOCG-cobalt project in Chile and Argentine holdings. T
FinancingGolden Arrow Drills 64m of 0.86% Cu, 0.20g/t Au, 196g/t Co & 25.9% Fe at central Rincones Target, San Pietro Project, Chile
Results from the final six holes of the 4,000 metre Phase 1 drill program at the San Pietro iron-copper-gold-cobalt project in Chile's Atacama region returned 64.2 m @ 0.86% Cu, 0.20 g/t Au, 196 g/t Co and 25.9% Fe from 42.8 m in hole SP-DDH-12, and 79.85 m @ 0.29% Cu, 0.05 g/t Au and 179 g/t Co from 272.15 m in SP-DDH-05. All six Rincones holes intersected Cu-Co-Au-Fe mineralization. A further ro
Drill resultsGolden Arrow Reports Additional Drill Results including 19m of 0.49% Cu, 0.19 g/t Au & 575 g/t Co at San Pietro Project, Chile
Phase 1 diamond drilling at the San Pietro iron-copper-gold-cobalt project in Chile's Atacama region returned, at the Mariposa target, 19.86m averaging 0.49% Cu, 0.19 g/t Au, 575 g/t Co and 17.26% Fe from 64.14m in hole SP-DDH-08, including 6m of 1.47% Cu, 0.34 g/t Au, 517 g/t Co. At the Rodeo target, hole SP-DDH-10 cut 24m averaging 0.34% Cu, 0.04 g/t Au, 234 g/t Co and 13.14% Fe from 60m. Result
Drill resultsGolden Arrow Drills 34m of 0.41% Copper and 466g/t Cobalt at First Exploration Target, San Pietro IOCG Project, Chile
First results from Phase 1 diamond drilling at the San Pietro iron-copper-gold-cobalt project in Chile's Atacama region returned, in hole SP-DDH-02 at the Colla target, 34m averaging 0.41% Cu, 0.07 g/t Au, 466 g/t Co and 18.0% Fe from 257m depth, including 11m of 0.98% Cu, 896 g/t Co and 30.9% Fe, plus 8.60m of 0.83% Cu and 1156 g/t Co from 472.4m and 2.90m of 7.39 g/t Au from 354.85m. Hole SP-DDH
Drill resultsGolden Arrow Expands First Drill Program at San Pietro Iron-Copper-Gold-Cobalt Project, Chile
The first diamond drilling program at the San Pietro iron-copper-gold-cobalt project in Chile's Atacama region has been expanded from 2,650 metres in 7 holes to approximately 3,500 metres in 10 holes, with the additional holes all at the Rincones target, bringing Rincones to six holes in this phase. Drilling is expected to finish by the end of May, around when the first assays are anticipated. Vis
Drill resultsGolden Arrow Commences Drilling at San Pietro Iron-Copper-Gold-Cobalt Project, Chile
A 2,650-metre, seven-hole diamond drilling program has begun at the San Pietro iron-copper-gold-cobalt project in Chile's Atacama region, the first stage of up to 20,000 metres budgeted for the year across at least five targets. Two holes each are planned at Rincones and Colla, with single holes at Rodeo, Radiss Norte and Mariposa. Historic drilling totalled over 34,000 metres in 83 holes; the 100
Drill resultsGolden Arrow Commences Final Drill-Targeting Program and Plans Q1 Drilling at San Pietro Copper-Gold-Cobalt Project, Chile
An IP-resistivity geophysical survey has begun at the San Pietro copper-gold-cobalt IOCG project in Chile's Atacama region, covering 700 x 1,000 metres to a depth of up to 500 metres and completing drill targeting at the Colla target, where historic hole CO-11-DH-002 returned 32 metres averaging 414 g/t Co, including one intercept of 1,040 g/t Co. A drill contractor is secured for roughly 2,500 me
Drill results