Arena Minerals Discovers 275 Metre Aquifer Averaging 441 mg/l Lithium at Fortuna II Claim Block and Provides Sal De La Puna Project Drill Update

TORONTO, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Arena Minerals Inc. ("Arena" or the "Company") (TSX-V: AN | OTCQX: AMRZF) is pleased to announce it has completed the first exploratory drill hole (R-01) on the Fortuna II claim block, which forms part of the Sal de la Puna Project (“SDLP Project”) located in the Pastos Grandes basin within Salta province, Argentina. The rotary exploratory hole is the first to test the eastern sub-basin of Pastos Grandes and intersected a continuous brine column from 240 metres to 515 metres downhole. This 275-metre brine column averaged 441 milligrams per litre (“mg/l”) lithium (“Li”).

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