Mr. Robert Card reports

ARROWSTAR EXPLORATION RESULTS ON ROBERTS LAKE, QUEBEC IDENTIFIES 68.5% MAGNETIC SUSCEPTIBILITY IN IRON ORE SAMPLE 13

Arrowstar Resources Ltd.'s Phillip Thomas, vice-president, exploration, and director, has completed the Davis-tube test analysis on 24 rock chip samples collected at the Roberts Lake property in the Ungava region, Quebec, Canada. This property is on a Category 2 land classification where mining is permitted.

The results were very encouraging.

The results of the iron ore samples are tabulated.

                                                  Non-
                Test    Sample     Start       Mag       mag       Mag        Fe
Item             No.        ID         g         g         g       (%)       (%)

8                DT8   8 of 24    26.279     0.052    26.227      0.20     30.68
10              DT10  11 of 24    20.699     5.401    15.298     26.09     40.45
12              DT12  13 of 24    16.966     8.509     8.457     50.15     40.74
13              DT13  14 of 24    16.421    11.253     5.168     68.53     49.01
14              DT14  15 of 24    14.451     9.296     5.155     64.33     45.44
15              DT15  16 of 24    15.864     8.644     7.220     54.49     49.63
16              DT16  17 of 24    15.459     9.151     6.308     59.20     44.95
17              DT17  18 of 24    20.876     4.926    15.950     23.60     30.29
18              DT18  19 of 24    18.866     9.813     9.053     52.01     51.58
23              DT23  24 of 24    26.900    12.272    14.628     45.62     63.90

The balance of the samples were not magnetite bearing.

The samples 13, 14, 15 and 16 represent excellent values for dry magnetic separation and will yield very high iron values on beneficiation once the crush size has been determined.

Arrangements are being made for a ground-based magnetic study to be completed.

Phillip Thomas, BSc, MBusM, MAIG, a qualified person under National Instrument 43-101, has reviewed the content of this release.

We seek Safe Harbor.