Arena Minerals Provides Pampas El PeNon Project Exploration Update

Arena Minerals Provides Pampas El PeNon Project Exploration Update 
TORONTO, ONTARIO -- (Marketwired) -- 02/20/14 --  Arena Minerals Inc.
("Arena" or the "Company") (TSX VENTURE: AN) is pleased to announce
results of its initial exploration program on the Pampas El Penon
claim package ("PEP" or "Property"), located in the Antofagasta
region of Chile. The exploration program covered the majority of the
ground within the Property, consisting of 19,200 hectares. Detailed
ground work, including prospecting and mapping, has been completed on
selected target areas. Three distinct areas with prospective
epithermal gold-silver vein systems and two areas with significant
copper-gold porphyry signatures have been discovered to date.  
A map of the Property showing the target areas can be found here, and
below are more detailed descriptions of these targets.  
Augusta Victoria West ("AV West"): The AV West block is located
immediately west of Yamana's Pampa Augusta Victoria operating open
pit, which is part of the El Penon mine complex. Several north-south
trending epithermal veins have been identified on surface and are
being followed up with additional ground work. The first high
priority target contains highly anomalous Ag, As and Sb values within
epithermal siliceous structures that have not been drill tested by
previous operators. The target is believed to be associated with the
Pampa Augusta Victoria vein system, contained within a rhyolite dome
that lies immediately west of the property boundary with Yamana and
only a few hundred meters from the Augusta Victoria open pit. Two
other similar rhyolite dome targets with highly anomalous As and/or
Sb values were located further west of this zone. Structures cutting
rhyolite domes commonly host economic Ag-Au values at depth in the El
Penon mine and are considered prime exploration targets in the El
Penon gold district. Anomalous surface values in this target area for
Ag range from 0.5 to 210 g/t; As from 7 to 911 ppm; and Sb ranges
from 0.5 to 179 ppm.  
The Augusta Victoria North ("AV North") block covers the northern
extension of Yamana's Pampa Augusta Victoria north south trending
veins. The target area is under groundcover, with zones of epithermal
quartz fragments on surface along trend. Further work will
concentrate on identifying the locations of these veins prior to
defining drill targets.  
Pan de Azucar ("PAZ"): On the PAZ claim block two new gold bearing
quartz vein/breccias with no evidence of previous work were located
only a few hundred meters south of the known Pan de Azucar vein. The
previously recognized vein is known to be over 10 metres in width at
certain areas with a mapped strike length of over 500 metres, before
disappearing under ground cover. The newly discovered structures form
part of a large stock work with a surface sample grade range between
0.5g/t and 1.5g/t Au. The vein system has been confirmed on surface
for over 500 metres along strike before going under cover. 
A new porphyry copper target has been discovered on Pan de Cobre
("PAC"), located west of El Penon mine and approximately 48 km west
of Escondida mine. The surface expression of the target area of
interest covers 4 square kilometres. It is flanked by a zone of
copper oxide bearing outcrops in cross cutting veins and disseminated
within altered andesites. Individual mineralized outcrops typically
are 50 by 100 metres in area. The mineralized outcrop areas are
sparse due to overburden cover over most of the project area. An
extensive silica cap occurs to the west and an extensive area of
propylitic alteration to the east. Prospecting in the area has
returned 10 grab samples with values ranging from 0.1% Cu to greater
than 1.0% Cu (2 re-assays pending) from 25 outcrop and sub-crop
sites. Airborne magnetic surveys covering the area show a positive
magnetic anomaly coinciding with the target area. The Company
considers this target as a high priority copper porphyry prospect and
will be prepared for drill testing. 
Pampa Norte ("Pampa Norte"): A second copper target very similar to
the Pan de Cobre zone was located on the Pampa Norte block. Float and
outcropping structures within altered andesitic volcanics were found
in an area of low relief mostly covered area of 2.0 km by 5.0 km. A
total of 24 grab samples returned values from 0.1% to 0.8% Cu. 
Both Pan de Cobre and Pampa Norte are considered buried porphyry
Vern Arseneau, Vice President of Exploration for Arena Minerals,
commented, "We are extremely pleased with the early stage results
from the Pampas El Penon claim package, as we have found prospective
areas for both Au-Ag epithermal veins and copper porphyry
mineralization. Both these target types are attractive to us, as the
claims are in proximity to both Yamana's El Penon mine and BHP
Billiton's Escondida mine. We have completed significant ground work
on these target areas and are currently preparing them to be drill
ready over the next few months."  
The Company continues to advance its Pampas El Penon property, and
has crews on the ground working on the targets described above as
well as developing new targets within the claim package. Further
results will be announced as they become available. In addition to
results from the Pampas El Penon property, results of the ongoing
exploration program on the Company's 2,900 square kilometer Atacama
Copper Property will also be released as they become available.  
To view the website, please visit  
In addition to featuring information regarding the Company, it's
managements and projects, the website also contains the latest
corporate news and an email sign up where news and updates can be
received directly. 
About Arena Minerals  
Currently Arena Minerals has three properties under option covering
approximately 326,000 hectares. All the properties are within the
Antofagasta region of Chile, at low altitudes and within producing
mining camps. The Company flagship asset is the Atacama Copper
Property, consisting of 293,000 hectares of essentially undrilled
ground in the heart of Chile's premier copper mining district. The
Atacama Copper Property is adjacent to the Capricornio Property,
forming part of a contiguous land package that can be worked in
conjunction. In addition the Company also has the Pampas El Penon
project which is less than 1 km from Yamana's Agusta Victoria project
and 10 km from the El Penon mine. The Capricornio property hosts a
district scale gold silver epithermal system virtually unexplored at
depth and open on strike. The Pampas El Penon and Capricornio
properties comprise Arena Minerals highly prospective gold properties
within an active mining region.  
The technical and scientific aspects of this news release have been
reviewed and approved by Mr. Vernon Arseneau, P.Geo, who has been
designated as a qualified person pursuant to NI 43-101. As the Vice
President of Exploration of the Company, Mr. Arseneau is not
considered independent. 
On behalf of the Board of Directors of 
Arena Minerals Inc.  
William Randall, President, and CEO 
Cautionary Note Regarding Accuracy and Forward-Looking Information: 
This news release may contain forward-looking information within the
meaning of applicable Canadian securities legislation.
Forward-looking information includes, but is not limited to,
statements, projections and estimates relating to the future
development of any of the Company's properties, the results of the
exploration program, future financial or operating performance of the
Company, its subsidiaries and its projects, the development of and
the anticipated timing with respect to the Atacama project, the
Capricornio project, and the El Penon project, and the Company's
ability to obtain financing. Generally, forward-looking information
can be identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words and
phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be
achieved". The statements made herein are based on current
expectations and assumptions that are subject to risks and
uncertainties. Actual results could differ materially because of
factors discussed in the management discussion and analysis section
of the Company's interim and most recent annual financial statement
or other reports and filings with the TSX Venture Exchange and
applicable Canadian securities regulations. Estimates underlying the
results set out in this news release arise from work conducted by the
previous owners and the Company. Forward-looking information is
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance or
achievements of the Company to be materially different from those
expressed or implied by such forward-looking information, including
but not limited to: general business, economic, competitive,
geopolitical and social uncertainties; the actual results of current
exploration activities; other risks of the mining industry and the
risks described in the annual information form of the Company.
Although the Company has attempted to identify important factors that
could cause actual results to differ materially from those contained
in forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can be
no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place
undue reliance on forward looking informationArena Minerals does not
undertake to update any forward-looking information, except in
accordance with applicable securities laws. 
Neither 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. 
Arena Minerals Inc.
William Randall
(416) 309-2697
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