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Arena Minerals Inc.

11:43 AM EST - Arena Minerals Inc. : Provided an exploration update for the program operated by the Company as part of the Japan Oil Gas and Mineral Exploration Company $17.5-million U.S. joint venture agreement. A total of 14,900 metres of primarily reverse circulation drilling has been completed in 88 drill holes, as part of the Phase 1 program that covers all of the areas under the JOGMEC agreement. Results have been received for an additional 45 drill holes, including assay and alteration analysis results . Mineralized intersections include 0.1% Cu over six metres (CA-RC-22) and 0.2% Cu over two metres within a broader mineralized section of 0.05% Cu over 28 metres. Arena Minerals Inc. shares V.AN are trading down $0.005 at $0.24.