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Golden Arrow Resources sells its remaining 25% stake in Chinchillas

Golden Arrow Resources (GRG.V) announced yesterday it is selling its remaining 25% interest in the Puna operations (consisting of Pirquitas and Chinchillas) to joint venture partner SSR Mining (SSR.TO, SSRM) for a total enterprise value of just over C$44M. That’s almost exactly the dollar amount we came up with (C$45M) in our October 2018 report based on a silver price of US$16.

Of the C$44M,…