(via Thenewswire.ca)

Golden Arrow Resources Corporation (TSX-V: GRG, FRA: GAC (WKN: A0B6XQ), the "Company" or "Golden Arrow") is pleased to announce that Mr. Joseph Grosso, President and C.E.O., and Grosso Group Management Ltd. have received an award of distinction for the Grosso Group's long track record, conviction and support of the mining industry in Argentina. The Chinchillas Silver Project is the third world-class discovery in Argentina under Mr. Grosso's stewardship and is currently being advanced by the Company.

This award was presented to Mr. Grosso at the annual Mining Industry and Mining Suppliers award night that is organized by Fundamin and the Panorama Minero publication. Mr. Grosso has a long and successful history for being at the forefront of Argentina's mining industry and is entering his third decade of exploration in the country.

This award builds on Mr. Grosso's previous recognition in 2005 when he was awarded "Exploration Man of the Year" at the Argentinean Mining Exposition in Buenos Aires, Argentina.

About Golden Arrow:

Golden Arrow is a Vancouver-based explorer focused on identifying, acquiring and advancing precious and base metal projects in Argentina with the goal of achieving a world class discovery. The core focus is on advancing the flagship Chinchillas Silver Project located in Jujuy, Argentina. Golden Arrow has a strong treasury which will allow the company to advance its Chinchillas Silver Project. Golden Arrow will continue to execute its strategy to leverage the Company's exploration exposure by attracting partners to fund work on its other high quality mineral projects. Golden Arrow is a member of Grosso Group, a management company specialized in resource exploration, and working in Argentina where it is highly regarded and trusted since 1993.

ON BEHALF OF THE BOARD

"Nikolaos Cacos"

_______________________________

Mr. Nikolaos Cacos

Director and Vice President

For further information please contact:

Corporate Communications
Tel: 1-604-687-1828
Toll-Free: 1-800-901-0058

Email: info@goldenarrowresources.com