Jan 30 (Reuters) - Arrow Minerals Ltd AMD.AX :
* EARN-IN AGREEMENT SIGNED WITH ROXGOLD
* UNDER AGREEMENT, ROXGOLD CAN EARN 70% STAKE IN CO'S HOUNDE SOUTH PROJECT AFTER SPENDING US$1 MILLION IN EXPLORATION IN 2 STAGES OVER 4 YRS
* ROXGOLD AND ARROW WILL FORM A JOINT VENTURE