Arrowhead Reports Graphite Horizon on Gateau Property, Quebec

Arrowhead Gold Corp. ("AWH") (TSX VENTURE:AWH) Arrowhead is pleased to announce
that after a review of previous drilling completed on the Gateau property in
2008, it has been determined that drill hole GAT-08-01 intersected 48 metres of
coarse-grained graphite mineralization from 57 to 105 m. The graphite horizon is
within a basalt unit just below a contact with a quartzite unit. An airborne
survey completed over the property in 2011 outlined an electromagnetic conductor
approximately 7.5 km long in an east to west direction. This conductor is
coincident with and appears to be caused by the graphite horizon. Up to five
other conductive horizons were identified by the airborne survey and may also be
related to graphite mineralization. The drilling was done to test a uranium
target so no analytical work to measure the carbon content of the graphite was
completed. The drill core is still on site at the property. 


The Gateau property is located roughly 240 km northeast of Chibougamau and
consists of 75 claims in one contiguous claim block covering 3,975 hectares of
the Chibougamau Mining District of Quebec. Arrowhead intends to send a crew to
the property in order to re-examine the graphite horizon in GAT-08-01 and
prospect the electromagnetic conductors for graphite. 


Mark Fekete, P.Geo., a "qualified person" as defined in Section 1.2 in and for
the purposes of National Instrument 43-101, reviewed the technical content of
this release.


On Behalf of the Board of Arrowhead Gold Corp.,

Steve Smith, President

This news release may contain forward-looking statements based on assumptions
and judgments of management regarding future events or results. Such statements
are subject to a variety of risks and uncertainties which could cause actual
events or results to differ materially from those reflected in the
forward-looking statements. The Company disclaims any intention or obligation to
revise or update such statements.


To view the map associated with this press release, please visit the following
link: http://media3.marketwire.com/docs/GateauAirborneMap.pdf.

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