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News Releases

 March 11, 2010
Private Placement Closed

 March 11, 2010, Vancouver, BC - (TSX.V-ARO) Les Kjosness, President & CEO, is pleased to announce the Company has closed the non-brokered private placement announced on January 13, 2010 as to three placees for 370,000 Units. The securities are subject to a hold period which expires on June 23, 2010. The remainder of the announced private placement will not close.

On behalf of the Board,

'Les Kjosness'
President and Director

For further information:
Les Kjosness: 604-408-6500
Kirsti Mattson: 604-202-2484 media

Neither the 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. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

You can view the Next News Releases item: Tue Apr 20, 2010, Company Arranges $300,000 Private Placement

You can view the Previous News Releases item: Wed Feb 24, 2010, Assay Results from Waverley-Tangier high of 22.30 g/t Gold and 1,310.0 g/t Silver

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