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JOGMEC Joint Venture Adds Second Drill to Pampa Union; Preliminary Drilling Completed at Paciencia North

TORONTO, ONTARIO–(Marketwired – March 27, 2017) – Arena Minerals Inc., (TSX VENTURE:AN) (“Arena” or the “Company“) is pleased to report that the Japan Oil Gas and Metals National Corporation (“JOGMEC”) and Arena joint venture has added a second drill rig to the Pampa Union drill program that forms part of the US$17.5 million JOGMEC joint venture. The additional drill shall focus on following up on the discovered porphyry system in drill hole PU-RC-39 (refer to press release dated February 21, 2017), while the first drill shall continue completing a 1.5 kilometre grid over the Pampa Union project.