SUDBURY, ON, Sept. 17, 2012 /CNW/ - Canadian Arrow Mines Limited. (CRO: TSX-V) (the "Company") is pleased to announce it has commenced producing and
stockpiling nickel-bearing massive sulphides produced from its Kelex
mine. Furthermore, initial mine development and overburden stripping
have exposed unexpected near-surface nickel-bearing massive sulphides
extending both east and west along strike of, and continuous with, the
current production zone. The stripping program will continue to
further evaluate the discoveries that continue to project an unknown
width, depth and strike distance below overburden cover. Channel
sampling is planned once the extent of mineralization is exposed.
Results will be published as they become available.
Mr. Kim Tyler, President of the Company stated, "We are pleased to have
achieved the production milestone and are particularly excited about
the discovery of the new strike extensions. Development work intended
for ramp access in unmineralized rock unexpectedly encountered 2 metres
of solid nickel-bearing massive sulphide on the sparsely drilled flanks
of the known mineralization. The new mineralization will be a welcome
addition to our production plans and demonstrates greater continuity of
the Alexo Nickel Complex mineralization on the whole."
Widths of up to 3 metres of continuous massive and semi-massive sulphide
over a 22 metre extended strike length on the west and 13 metres of
extended strike on the east have so far been exposed. Depth extensions
will become better understood as production advances to depth.
Delivery and custom milling of stockpiled ore will occur upon a mutually
agreed delivery schedule between the Company and its custom milling and
concentrate off-take partner.
The information in this release was prepared under the direction of Mr.
R. Kim Tyler, P. Geo., President of the Company, a Qualified Person as
defined by NI 43-101.
About Canadian Arrow Mines:
Canadian Arrow Mines Limited is developing two advanced nickel/copper
mining projects located near existing infrastructure in Ontario,
Canada. Its principal asset, the Kenbridge nickel-copper sulphide
deposit located near Kenora, Ontario is in addition to its currently
operating Alexo Nickel Complex.
Mineral resources that are not mineral reserves do not have demonstrated
Additional information relating to Canadian Arrow is available on SEDAR
This press release may contain "forward-looking statements" within the
meaning of the Canadian securities legislation and the United States
Private Securities Litigation Reform Act of 1995. These forward-looking
statements are made as of the date of this press release and the
Company does not intend, and does not assume, any obligation to update
these forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Canadian Arrow Mines Limited
For further information:
visit the website at www.canadianarrowmines.ca, or contact Mr. Kim Tyler President and Director toll free, 1-877-673-5462.