Golden Arrow Resources Corp. announced that Mr. Chad Williams has been appointed to the Board of Directors effective August 14, 2012. Mr. Williams is the former CEO, President and Director of Victoria Gold Corp.

where he raised $110 million in seven financings, completed two corporate mergers, and increased market value up to 20-fold in a four year period. Mr. Williams has extensive experience in mining, finance, and management. He is also the Director of several emerging mining companies and was the Founder of Agilith Capital Inc. as well as Westwind Capital Inc. (now Stifel Nicolaus Canada Inc.).

Mr. Williams is the former Head of Mining Investment Banking at Blackmont Capital Inc. and was also a top- ranked mining analyst at TD Bank and UBS. Mr. Williams is President of Red Cloud Mining Capital. Mr. Williams replaces Mr. Daniel Nocente who resigned from the Board of Directors effective August 13, 2012.