11:41 AM EST - Arena Minerals Inc. : Provided an update on the $17.2-million U.S. joint venture (the "JV") with Japan Oil Gas and Mineral Exploration Company and operated by the Company as part of the JV agreement. Following the successful results of the Phase 1 drilling in the Pampa Union and Carmen Alto claim blocks, the joint venture's Management Committee met and approved a further drill program and budget. The drill program has approved 46 follow-up drill holes in the Pampa Union block and a $1.94-million U.S. budget for the period March 2016 to March 2017. Arena Minerals Inc.
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