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Arrowstar Resources Ltd
Symbol AWS
Shares Issued 66,901,369
Close 2012-08-14 C$ 0.05
Market Cap C$ 3,345,068
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ORIGINAL: Arrowstar samples up to 63.9% Fe at Roberts Lake

2012-08-15 11:22 ET - News Release

Received by email:

File: NR120815-Roberts-DavisTest-3.pdf

Suite 507 - 475 Howe Street,                                                   Telephone 604-687-7828
Vancouver, British Columbia                                                    Facsimile 604-687-7848
V6C 2B3 Canada                                                              www.arrowstarresources.com



NEWS                                                                                 TSX-V: AWS
For Immediate Release


   Arrowstar Exploration Results on Roberts Lake, Quebec Identifies 68.5%
               Magnetic Susceptibility in Iron Ore Sample 13
Highlights:

     �    Analysis of the results from the Davis Tube Test completed on the Roberts Lake Iron
          Ore samples showed high levels of magnetic susceptibility. This augers well for the
          possibility of dry magnetic separation when the deposit is commercialized.
     �    The highest Fe sample, sample 23 showed 45.6% magnetic susceptibility however
          this iron doesn't need to be beneficiated to a higher grade, however if beneficiated
          wet magnetic or heavy medium process will beneficiate it to a higher value Fe.

Vancouver, B.C. � August 15, 2012, Robert L. Card, President of Arrowstar Resources Ltd.,
("Arrowstar" or the "Company") (TSXV: AWS), is pleased to report that 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 two land classification where mining is permitted.

The results were very encouraging.         The results of the iron ore samples are as follows:

                                                                   Non
  Item          Test           Sample id     Start        Mag      mag      Mag            Fe
               Number                          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

AWS News                                                                                  Page 1 of 2
                               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 Fe values on beneficiation once the crush size has been determined.




Site of Sample 13                                                                     Site of Sample 14

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

 Phillip Thomas, BSc, MBusM, MAIG, a Qualified Person under NI 43-101, has reviewed the
content of this release.

On Behalf of the Board of Directors,
Arrowstar Resources Ltd.

"Robert L. Card"

Robert L. Card
President

Investor Contact                Robert L. Card
                                604-687-7828
                                arrowstarresources@shaw.ca
                                www.arrowstarresources.com


          "Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
          of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."


Forward-Looking Statements: This document includes forward-looking statements. Forward-looking statements include, but
---> are not limited to,
statements concerning AWS's planned exploration programs and other statements that are not historical facts. When used
---> in this document, the
words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions a
--->re forward-looking
statements. Although AWS believes that its expectations reflected in these forward looking statements are reasonable, 
--->such statements involve
risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-lookin
--->g statements. Important
factors that could cause actual results to differ from these forward-looking statements are disclosed under the headin
--->g "Risk Factors" and
elsewhere in the corporation's periodic filings with Canadian securities regulators.
 


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