AWS Arrowstar Resources Ltd

Highlights:

• 24 samples were taken and significant values were recorded on the "Magnetite Scale" of a KT-10 Plus magnetite susceptibility meter.  KT-10 values correlated well with the Fe assay values.  Six samples showed Fe values higher than 40% Fe.
• The level of impurities in the samples such as sulphur and phosphorous were extremely low indicating the final product would be ideal for blending with lesser quality iron ores.
• A ground based magnetic survey will be conducted to determine the depth and extent of the mineralization.

TSX-V: AWS

VANCOUVER, July 31, 2012 /PRNewswire/ - Robert L. Card, President of Arrowstar Resources Ltd., ("Arrowstar" or the "Company") (TSXV: AWS), is pleased to report that Phillip Thomas, Vice-President Exploration and Director has completed the chemical analysis on the rock chip samples collected at the Roberts Lake property in Ungava Region, Quebec, Canada.  This property is on a category two land classification where mining is permitted.

The results are very encouraging.  The chemistry of the top six samples are as follows: