Canadian Arrow Mines Ltd. - Kenbridge Nickel-Copper project open pit potential defined over 250 metres of strike length



    SUDBURY, ON, Sept. 12 /CNW/ - Canadian Arrow Mines, Ltd. (CRO: TSX-V) the
Company reports that shallow drilling along 30 metre spaced sections has now
delineated the near surface, open pit accessible portion of the Kenbridge
Ni-Cu deposit along a minimum strike length of 250 metres. The extent of the
near surface mineralization was not evaluated by previous operators. CRO has
received assay data for 20 drill holes (KB-07-40 through to KB-07-59). The
assay results confirm the continuity of two shallow mineralized zones (East
and West) with grade and widths amenable to open pit extraction. Diamond
drilling continues to delineate the open pit zones beyond the limits of the
current strike extent and down to 150 metre vertical level.

    
    New highlights include:

    -  0.92% Ni, 0.44% Cu over 12.3 metres in drill hole KB-07-57
    -  0.61% Ni, 0.28% Cu over 25.55 metres in drill hole KB-07-51
    -  0.73% Ni, 0.47% Cu over 16.35 metres (West Zone) and 0.71% Ni,
       0.29% Cu over 12.8 metres (East Zone) metres in drill hole KB-07-43
    -  0.41% Ni, 0.214% Cu over 63.5 metres in drill hole KB-07-42
    -  0.60% Ni, 0.15% Cu over 14.4 metres in drill hole KB-07-41
    

    Todd Keast, P.Geo., Vice President of Exploration for Canadian Arrow
Mines commented, "The exploration program has accelerated with the addition of
a second diamond drill rig, as well as surface stripping, mapping and channel
sampling. We now have a very good idea on the geometry of the deposit and the
controls on mineralization necessary for the evaluation of the open pit
component of the project. Looking ahead over the next two months the drilling
program will begin to focus on the underground portions of the deposit with
deeper drilling planned. We currently have a large backlog of samples at the
lab and are working to get these samples through the system and into our
database. The assays we've reported to date represent 38 of the 100 drill
holes that CRO has drilled on the Kenbridge deposit. The data we gather from
this drilling program will be used to complete an updated mineral resource
which will be the basis for our Kenbridge Scoping Study which we are planning
on releasing later this fall."

    
                                DRILL RESULTS

    -------------------------------------------------------------------------
      Hole       From         To     Length        %Ni        %Cu        %Co
    -------------------------------------------------------------------------
    KB-07-40     2.15        7.1       4.95       0.38       0.23       0.01
    -------------------------------------------------------------------------
                   32       56.8       24.8       0.33       0.22       0.01
    -------------------------------------------------------------------------
    KB-07-41       54       68.4       14.4       0.60       0.15       0.01
    -------------------------------------------------------------------------
    incl        66.55       68.4       1.85       3.57       0.68       0.06
    -------------------------------------------------------------------------
                 83.5       92.1        8.6       0.54       0.63       0.01
    -------------------------------------------------------------------------
    KB-07-42       11       19.2        8.2       0.50       0.23       0.02
    -------------------------------------------------------------------------
                   88      151.5       63.5       0.41       0.14       0.02
    -------------------------------------------------------------------------
    incl          100      105.1        5.1       1.02       0.43       0.04
    -------------------------------------------------------------------------
    and           146      147.8        1.8       1.78       0.36       0.09
    -------------------------------------------------------------------------
    KB-07-43        2       33.5       31.5       0.40       0.16       0.03
    -------------------------------------------------------------------------
    incl            2       14.8       12.8       0.71       0.29       0.06
    -------------------------------------------------------------------------
                   67      82.55      15.55       0.25       0.07       0.01
    -------------------------------------------------------------------------
    incl        80.25      82.55        2.3       1.27       0.29       0.04
    -------------------------------------------------------------------------
               100.95      117.3      16.35       0.73       0.47       0.02
    -------------------------------------------------------------------------
    incl       100.95        106       5.05       1.48       0.44       0.04
    -------------------------------------------------------------------------
    KB-07-44        2       14.9       12.9       0.40       0.40       0.01
    -------------------------------------------------------------------------
    KB-07-45       22         66         44       0.30       0.28       0.01
    -------------------------------------------------------------------------
    incl           26       37.1       11.1       0.51       0.51       0.01
    -------------------------------------------------------------------------
    and            50         56          6       0.53       0.51       0.01
    -------------------------------------------------------------------------
    KB-07-46      3.6         13        9.4       0.38       0.16       0.01
    -------------------------------------------------------------------------
                 50.5      88.25      37.75       0.32       0.23       0.01
    -------------------------------------------------------------------------
    incl           74       77.2        3.2       1.76       0.77       0.03
    -------------------------------------------------------------------------
    KB-07-47       54         69         15       0.20       0.11       0.01
    -------------------------------------------------------------------------
                101.7      109.2        7.5       0.21       0.12       0.01
    -------------------------------------------------------------------------
    KB-07-48    assays pending
    -------------------------------------------------------------------------
    KB-07-49    assays pending
    -------------------------------------------------------------------------
    KB-07-50     42.8       85.9       43.1       0.22       0.13       0.01
    -------------------------------------------------------------------------
    incl         42.8         50        7.2       0.70       0.19       0.02
    -------------------------------------------------------------------------
    and          82.6       85.9        3.3       0.58       0.64       0.01
    -------------------------------------------------------------------------
    KB-07-51    43.45         69      25.55       0.61       0.28       0.02
    -------------------------------------------------------------------------
    incl           48       50.9        2.9       2.47       0.99       0.05
    -------------------------------------------------------------------------
    and            57       67.9       10.9       0.66       0.35       0.02
    -------------------------------------------------------------------------
    and           102      116.7       14.7       0.29       0.31       0.01
    -------------------------------------------------------------------------
    KB-07-52       15         35         20       0.34       0.34       0.01
    -------------------------------------------------------------------------
    KB-07-53     10.7         25       14.3       0.40       0.28       0.01
    -------------------------------------------------------------------------
                 64.5         72        7.5       0.41       0.71       0.01
    -------------------------------------------------------------------------
    KB-07-54       12         50         38       0.29       0.19       0.01
    -------------------------------------------------------------------------
    incl           15       16.9        1.9       0.98       0.27       0.02
    -------------------------------------------------------------------------
    and            20         30         10       0.60       0.42       0.02
    -------------------------------------------------------------------------
    KB-07-55    no significant assays
    -------------------------------------------------------------------------
    KB-07-56       11         15          4       0.26       0.58       0.01
    -------------------------------------------------------------------------
                   32         52         20       0.25       0.27       0.01
    -------------------------------------------------------------------------
    incl         44.3         50        5.7       0.40       0.63       0.01
    -------------------------------------------------------------------------
    KB-07-57       30         83         53       0.35       0.29       0.01
    -------------------------------------------------------------------------
    incl           60         83         23       0.61       0.40       0.02
    -------------------------------------------------------------------------
                61.65      73.95       12.3       0.92       0.44       0.03
    -------------------------------------------------------------------------
    KB-07-58      251        253          2       0.35       0.49       0.01
    -------------------------------------------------------------------------
    KB-07-59      161        166          5       0.24       0.44       0.01
    -------------------------------------------------------------------------


    The table below details drill hole survey and directional data.

    Hole            Northing     Easting      Elevation    Azimuth       Dip
    KB-07-40         12345         6072         1513         315         -45
    KB-07-41         12344         6096         1520         314         -45
    KB-07-42         12344         6098         1520         305         -87
    KB-07-43         12340         6114         1510         313         -45
    KB-07-44         12314         6045         1506         306         -45
    KB-07-45         12314         6074         1520         301         -50
    KB-07-46         12313         6099         1510         310         -45
    KB-07-47         12314         6130         1503         318         -45
    KB-07-48         12283         6081         1518         308         -45
    KB-07-49         12283         6082         1518         322         -87
    KB-07-50         12283         6101         1518         303         -45
    KB-07-51         12283         6125         1514         306         -45
    KB-07-52         12253         6070         1515         313         -45
    KB-07-53         12253         6096         1518         316         -45
    KB-07-54         12253         6118         1514         315         -45
    KB-07-55         12222         6075         1514         304         -46
    KB-07-56         12222         6100         1514         307       -46.5
    KB-07-57         12222         6120         1514         309         -45
    KB-07-58         12283         6245         1524         303         -55
    KB-07-59         12222         6191         1522         308         -45
    

    The exploration program is being carried out under the direction of The
Company's Vice President of Exploration, Todd Keast P. Geo., a qualified
person as defined by National Instrument 43-101. The information in this
release was prepared under the direction of Kim Tyler, P. Geo., President of
the Company, a qualified person as defined by National Instrument 43-101.

    About Canadian Arrow Mines, Ltd.

    Canadian Arrow Mines, Ltd. is an established Canadian exploration and
development Company committed to developing and advancing base metal deposits
close to existing infrastructure through exploration, development and
acquisition. Shares of Canadian Arrow Mines trade on the TSX Venture Exchange
under the symbol "CRO".

    
     If you would like to receive press releases via email please contact:
                            catarina@chfir.com

         THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL
                       RESPONSIBILITY FOR ITS CONTENTS.
    THE TSX VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THIS PRESS
                                   RELEASE
    

    This news release may contain certain "Forward-Looking Statements" within
the meaning of Section 21E of the United States Securities Exchange Act of
1934, as amended. All statements, other than statements of historical fact,
included herein are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company's expectations are
disclosed in the Company's documents filed from time to time with The TSX
Venture Exchange, Canadian Securities Commissions, and the United States
Securities & Exchange Commission. Not to be construed as an offer to buy or
sell securities of this company.

    %SEDAR: 00008534E




For further information:

For further information: visit the website at www.canadianarrowmines.ca,
or call toll free, 1-877-262-6354, or contact Canadian Arrow Mines, Ltd.: R.
Kim Tyler, P. Geo, President, Tel: (705) 673-8259, E-mail:
kim@canadianarrowmines.ca; CHF Investor Relations: Barry Leung, Tel: (416)
868-1079 x247, E-mail: barry@chfir.com or Cathy Hume, CEO, Tel: (416) 868-1079
x231, E-mail: cathy@chfir.com

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