Golden Arrow Resources Corporation came out with some pretty interesting news on its Indiana gold project in Chile. The company managed to amend the definitive agreement with the property owner, Mineria Activa (MSA), a Chilean private equity investment management firm focused on exploration to production-stage assets in mining. Golden Arrow now has the right to earn 100% of Indiana over a 74-month period, expiring in December 2024, and the total cost of USD 15.1 million has not changed. However, the payment of USD 1 million due to the end of 2019 was reduced to USD 150,000, and the subsequent payment of USD 2 million due in one year is reduced to USD 200,000. Another great advantage is moving USD 7 million of the total USD 15 million payment obligation for the 25% MSA interest during production after a production decision, meaning that MSA will be bearing execution risk now. This is obviously a great advantage to have as hard dollar commitments have been scaled back significantly this way, and that money can be spent at exploration.