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Paraguay, an Emerging World-class Mining Jurisdiction

The potential for gold in Paraguay has only recently been recognized by commercial mining interests.
Paraguay has steadily attracted an increasing amount of foreign investment by imposing regulatory frameworks that treat foreign and domestic investors equally. While the country has had no history of large-scale mining and production, continuous development of its rapidly expanding mineral industry means the country is well-positioned to become one of the world’s most important mineral producers in the near future.
Despite its proximity to gold-rich countries such as Peru and Bolivia, Paraguay has seen little to no mineral exploration over the years. Until now, Paraguay’s mining potential has been restricted by large fiscal and trade deficits, limited private investment and political instability that impeded the country’s ability to move forward economically. ....

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Golden Arrow Resources details drill results from Tierra Dorada gold project in Paraguay

Golden Arrow Resources details drill results from Tierra Dorada gold project in Paraguay
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Golden Arrow Hits High-Grade Gold in Shallow Drilling and Identifies New Targets at the Tierra Dorada Gold Project, Paraguay

Golden Arrow Resources Corporation (TSX-V: GRG) (FSE: G6A) (OTCQB: GARWF), ( Golden Arrow or the
Company ) is pleased to report that it has completed its shallow diamond drilling campaign and its first induced polarization ( IP ) geophysical program at the Tierra Dorada gold project in Paraguay. These programs continue the work at the Alvaro area to delineate high-grade, quartz vein-hosted gold prospects and refine targets for full-scale follow-up drilling programs. Highlights of the combined programs include:
Showings 1, 2 and 4 were tested via 41 shallow diamond drill holes totaling 550 metres; results include:
143.5 g/t gold over 0.5m, within
6m averaging 14.53 g/t gold at 3-9m depth (DHTD18, Showing 1) ....

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