TSX-V: AWS
VANCOUVER, June 13, 2013 /CNW/ - Robert L. Card, President of Arrowstar Resources
Ltd., ("Arrowstar" or the "Company") (TSXV: AWS), is pleased to
report that the Company has filed a preliminary National Instrument
43-101 ("NI 43-101") technical report on the Company's Alaska iron ore project .
The report covers preliminary information,
historic result of previous work and work undertaken by the
Company on this magnetite showing located near Port Snettisham,
about 30 miles SE of Juneau, the
State Capital of Alaska. The
report also outlines some of the Company's plans and work programs
for the coming months in an effort to eventually produce a NI
43-101 compliant resource estimate.
The Company has conducted additional mapping and
sample work over the Snettisham iron ore prospect in May of 2013
and has filed a permit for drilling the project with the Alaska
Department of Mining and Forestry and the Bureau of Land
Management. The Company is waiting for final approval of the
drilling permit.
Alexander D. K.
Burton, PEng., PGeo., a Qualified Person under NI 43-101,
upon visiting the property in June of 2012 prepared the report and
reviewed the content of this release.
The report is available on SEDAR and the
Company's website at: www.arrowstarresources.com.
On Behalf of the Board of Directors,
ARROWSTAR RESOURCES LTD.
"Robert L. Card"
Robert L.
Card
President
"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 are 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-looking
statements. Important factors that could cause actual results to
differ from these forward-looking statements are disclosed under
the heading "Risk Factors" and elsewhere in the corporation's
periodic filings with Canadian securities regulators.
SOURCE Arrowstar Resources Ltd.