09:51 AM EST - Arena Minerals Inc. : Announced that the Management Committee for the Company's Joint Venture with Japan Oil, Gas and Metals Corporation on three blocks comprising 29,335 hectares of the Atacama copper project, collectively referred to as the Baquedano NE Project, has unanimously approved an exploration program for the first term of the option, to be completed prior to July 26, 2016. The following items are the primary components of the approved exploration program: 12,600 metres of drilling, covering the entire land package on approximately 1.5 km by 1.5 km centres; 84 drill holes to an average depth of 150 metres; Total of $2.7-million U.S. budget, to be funded by JOGMEC on a timely basis. Arena Minerals Inc.
shares V.AN are trading unchanged at $0.17.
