GRG Resources Corp.

The property is located in a developing porphyry district at the intersection between the south end of the Maricunga Copper-Gold Belt and the northern extent of the El Indio Gold-Silver Belt, with both districts hosting world-class porphyry and epithermal deposits. Proximity to these deposits does not indicate that similar mineralization will occur at Caballos, and if mineralization does occur, that it will occur in sufficient quantity or grade that would result in an economic extraction scenario, however Golden Arrow uses these deposits as models to guide the exploration process.

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.