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Develop the Iron Ore Properties - Arrowstar will be reviewing its new iron ore properties and plans to issue updated 43-101 compliant and other geological reports on them in the months ahead.
Alaska - Arrowstar is currently executing an exploration plan for its Port Snettisham, Alaska property. This includes soil and rock sampling, an outcrop and trenching sample study, and a ground-based IP magnetic and gravity study. A diamond-drilling program directed by these two studies will put Arrowstar well on its way to verifying tonnage and grade by the end of 2012.
Quebec - Arrowstar will be completing an initial sampling and geophysical work program in 2012 to outline potential drill targets on its Roberts Lake property.
Labrador - For its Rannie Lake property, Arrowstar plans to begin a program of geophysics and on-the-ground sampling to identify drill targets for next year's drill program.
Pursue Additional Major Acquisitions - Arrowstar has several properties, in different geographic locations, under consideration or due diligence for acquisition or joint venture. Depending on the results of that due diligence, and subsequent negotiation, Arrowstar intends to add to its growing portfolio.
Proactively Communicate with Investors - Arrowstar will be communicating its progress to a wider audience of both retail and institutional investors worldwide.
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