Golden Arrow Resources Corporation is pleased to announce it has retained San Diego Torrey Hills Capital, Inc. to act as an investor relations consultant to the Company, to assist with corporate finance and investor relations programs.

Torrey Hills Capital is a leading investor and financial public relations firm specializing in small and micro-cap companies, primarily in the natural resource sector. Torrey Hills Capital has been retained to increase awareness about Golden Arrow through its established relationships with investment professionals, investment advisors, and money managers focused on the microcap market space.

Torrey Hills Capital has also agreed to develop a profile for Golden Arrow for coverage on its website, www.babybulls.com, developed to showcase and provide exposure for emerging micro-cap companies to an audience of proven micro-cap investors.

Torrey Hills Capital has been engaged for a term of twelve months at a monthly fee of US$5,000. In addition, Golden Arrow has agreed to grant to Torrey Hills Capital options to purchase 75,000 Golden Arrow common shares. These options are exercisable at a price of $0.31 per common share, expiring on August 3, 2014, subject to a four month hold period, and shall vest in accordance with the provisions of the Company's stock option plan and the policies of the TSX Venture Exchange.

Torrey Hills Capital appointment as an investor relations consultant to Golden Arrow and the granting of the stock options are subject to regulatory acceptance of applicable filings with the TSX Venture Exchange.

About Golden Arrow:

Golden Arrow is a Vancouver-based, explorer and prospect generator focused on advancing, identifying and acquiring precious and base metal projects in Argentina with the goal of achieving a world class discovery. The Company is well positioned for growth of shareholder value with a royalty income from its 1% NSR on Yamana Gold Corp.'s Gualcamayo Gold mine in San Juan, Argentina, a joint-venture with Vale on two properties, an attractive portfolio of highly prospective exploration projects and a pipeline of new opportunities under review. Golden Arrow will continue to execute its strategy to leverage the Company's exploration exposure by attracting partners to fund work on its portfolio of high quality mineral projects. Golden Arrow is a member of Grosso Group, a management company with over 18 years of experience in South America.