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News Releases

 July 05, 2011
Company Announces $300,000 Flow-Through Private Placement

 July 5, 2011, Vancouver, BC - ( CNSX:ARO) Les Kjosness, President & CEO, is pleased to announce it has arranged a non-brokered private placement of up to 2,000,000 flow-through units at a price of $0.15 per unit for gross proceeds of up to $300,000.

Each unit will consist of one common share and one _ warrant at a price of $0.20. Funds from this private placement will be used to continue exploration of the Company's two British Columbia properties: the Waverley-Tangier gold/silver/zinc property north of Revelstoke and to initiate exploration of the LD gold property southeast of Atlin.

On behalf of the Board,

'Les Kjosness'
President and Director

For further information:
Les Kjosness: 604-408-6500
Kirsti Mattson: 778-434-2241Media

The CNSX has neither approved nor disapproved of the 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: Wed Aug 3, 2011, Company Announces $30 Million Letter of Intent re Joint Venture on Brazil Exploration Project

You can view the Previous News Releases item: Mon Jun 27, 2011, Company Extends Expiry Date on Warrants

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