Canadian Arrow Mines Ltd.: 23 metres grading 0.99% nickel intersected at Kenbridge, deposit extended, deeper drilling started



    SUDBURY, ON, Oct. 25 /CNW/ - Canadian Arrow Mines, Ltd. (CRO: TSX-V) (the
"Company), reports the completion of drilling on the open pit portion of the
Kenbridge Deposit. A total of 123 holes (16,800 metres) have been drilled in
the open pit area since program startup in April 2007. Assay results to date
have been received for 53 of these holes with results for the most recent 13
holes reported within this release.

    
    New Highlights include:

    Hole No.      From        To        L(m)        %Ni        %Cu       %Co
    --------      ----        --        ----        ---        ---       ---
    KB-07-68      23.6       67.2       43.6       0.50       0.14      0.02
      includes                           8.6       1.73       0.47      0.08
    KB-07-68     121.0      125.2        4.2       2.35       0.47      0.07
    KB-07-69      53.0       76.0       23.0       0.99       0.26      0.03
      includes                           4.4       3.52       0.53      0.09
    KB-07-70     146.0      194.0       48.0       0.49       0.28      0.01
      includes                          12.3       1.23       0.51      0.01
      and                                3.9       2.92       0.74      0.06
    KB-07-82      49.5       89.9       40.3       0.44       0.36      0.01
      includes                           2.6       1.59       1.19      0.03
    KB-07-92       3.6       36.8       33.2       0.46       0.16      0.02
      includes                           5.3       1.10       0.39      0.03

    Hole KB-07-69 was drilled 40 metres below previously reported hole 
KB-07-38 which intersected 1.0% Ni, 0.23% Cu over a core length of 50.8m
indicating a significant volume of near surface higher grade mineralization.
    In addition, the strike length of the deposit has been expanded by
40 metres to a length of 290 metres. Mineralization in KB-07-57, (0.92% Ni,
0.44% Cu over 12.3m), represents the southern most intersection on the
deposit, with the zone remaining open to the south. Two drill rigs have
commenced testing the deeper portions of the deposit, and will continue
operations until at least the end of 2007. The potential for an underground
mining operation is supported by a 600 metre deep shaft sunk by Falconbridge
Nickel Mines in the 1950's.
    Todd Keast VP exploration commented "The completion of this phase of
drilling will allow us to rapidly evaluate the viability of an open pit mining
operation at Kenbridge. The newly discovered plunge of the deposit to the
south indicates the potential for the discovery of additional mineralization.
With the deeper phase of drilling started it is significant that Falconbridge
Nickel Mines intersected 4.25% Ni, 1.38% Cu, over 3.26m at 200m below the
shaft bottom and that the mineralization remains open beyond 800m below
surface."
    Kim Tyler, President of Arrow, also stated, "The occurrence of higher
grade zones in the near surface portion of the orebody exceeds our
expectations and greatly enhances the economics for an open pit. We have met
our objective to drill off the upper portion of the Kenbridge deposit and are
now moving into the next phase of confirming the deeper underground resource."


                           Detailed Drill Results

    -------------------------------------------------------------------------
    Hole         From        To      Length        %Ni        %Cu        %Co
    -------------------------------------------------------------------------
    KB-07-60           Assays Pending
    -------------------------------------------------------------------------
    KB-07-61(*)     No significant assays
    -------------------------------------------------------------------------
    KB-07-62(*)     No significant assays
    -------------------------------------------------------------------------
    KB-07-63(*)     No significant assays
    -------------------------------------------------------------------------
    KB-07-64           Assays Pending
    -------------------------------------------------------------------------
    KB-07-65           Assays Pending
    -------------------------------------------------------------------------
    KB-07-66(*)     No significant assays
    -------------------------------------------------------------------------
    KB-07-67       49       63.8       14.8       0.46       0.28       0.02
    -------------------------------------------------------------------------
    KB-07-67     96.9      101.1        4.2       1.17       0.30       0.03
    -------------------------------------------------------------------------
    KB-07-68     23.6       67.2       43.6       0.50       0.14       0.02
    -------------------------------------------------------------------------
      includes     26         41         15       1.11       0.30       0.05
    -------------------------------------------------------------------------
      includes   32.4         41        8.6       1.73       0.47       0.08
    -------------------------------------------------------------------------
    KB-07-68    110.6      125.2       14.6       0.87       0.19       0.03
    -------------------------------------------------------------------------
      includes    121      125.2        4.2       2.35       0.47       0.07
    -------------------------------------------------------------------------
    KB-07-68    135.1        151       15.9       0.71       0.51       0.03
    -------------------------------------------------------------------------
    KB-07-69       53         76         23       0.99       0.26       0.03
    -------------------------------------------------------------------------
      includes   70.3       74.7        4.4       3.52       0.53       0.09
    -------------------------------------------------------------------------
    KB-07-69      139        147          8       0.59       0.40       0.02
    -------------------------------------------------------------------------
    KB-07-69    160.6      172.7       12.1       0.33       0.44       0.01
    -------------------------------------------------------------------------
    KB-07-70      146        194         48       0.49       0.28       0.01
    -------------------------------------------------------------------------
      includes    146      158.3       12.3       1.23       0.51       0.03
    -------------------------------------------------------------------------
      includes  147.1        151        3.9       2.92       0.74       0.06
    -------------------------------------------------------------------------
      includes    175        194         19       0.39       0.34       0.01
    -------------------------------------------------------------------------
    KB-07-71           Assays Pending
    -------------------------------------------------------------------------
    KB-07-72       26       32.2        6.2       0.35       0.25       0.01
    -------------------------------------------------------------------------
      includes     28         31          3       0.60       0.44       0.02
    -------------------------------------------------------------------------
    KB-07-72       37         44          7       0.30       0.13       0.01
    -------------------------------------------------------------------------
    KB-07-72     51.2         56        4.8       0.92       1.18       0.03
    -------------------------------------------------------------------------
    KB-07-73     14.0       16.5        2.5       0.44       0.19       0.02
    -------------------------------------------------------------------------
    KB-07-74
     to 80             Assays Pending
    -------------------------------------------------------------------------
    KB-07-81        4       61.6       57.6       0.32       0.22       0.01
    -------------------------------------------------------------------------
      includes     40       61.6       21.6       0.47       0.32       0.02
    -------------------------------------------------------------------------
      includes   45.7       50.2        4.5       1.21       0.41       0.05
    -------------------------------------------------------------------------
    KB-07-82     49.5       89.9       40.3       0.44       0.36       0.01
    -------------------------------------------------------------------------
      includes   77.2       79.8        2.6       1.59       1.19       0.03
    -------------------------------------------------------------------------
    KB-07-83
     to 91             Assays Pending
    -------------------------------------------------------------------------
    KB-07-92      3.6       36.8       33.2       0.46       0.16       0.02
    -------------------------------------------------------------------------
      includes   31.5       36.8        5.3       1.10       0.39       0.03
    -------------------------------------------------------------------------
    KB-07-92     59.7         64        4.3       0.61       0.28       0.02
    -------------------------------------------------------------------------
    KB-07-92      106      119.2       13.2       0.26       0.12       0.01
    -------------------------------------------------------------------------
    KB-07-93
     to 97             Assays Pending
    -------------------------------------------------------------------------
    KB-07-98      1.6         18       16.4       0.81       0.30       0.02
    -------------------------------------------------------------------------
      includes    1.6        6.7        5.1       2.07       0.45       0.05
    -------------------------------------------------------------------------
    KB-07-98     77.5      119.6       42.1       0.38       0.29       0.01
    -------------------------------------------------------------------------
      includes   77.5      99.85      22.35       0.35       0.21       0.01
    -------------------------------------------------------------------------
    KB-07-98      1.6         18       16.4       0.81       0.30       0.02
    -------------------------------------------------------------------------
      includes    1.6        6.7        5.1       2.07       0.45       0.05
    -------------------------------------------------------------------------
    KB-07-98     77.5      119.6       42.1       0.38       0.29       0.01
    -------------------------------------------------------------------------
      includes   77.5      99.85      22.35       0.35       0.21       0.01
    -------------------------------------------------------------------------
      includes   88.9       92.1        3.2       0.89       0.29       0.03
    -------------------------------------------------------------------------
    KB-07-98      108      119.6       11.6       0.66       0.64       0.02
    -------------------------------------------------------------------------
    (*) Holes KB-07-61 to 63 and KB-07-66 were drilled outside the deposit.

    The table below details assayed drill hole survey and directional data.

    Hole Number    Northing    Easting  Elevation    Azimuth      Dip

    KB-07-61          12527       6125       1520        308      -45
    KB-07-62          12558       6086       1515        305      -45
    KB-07-63          12558       6138       1517        303      -45
    KB-07-66          12527       6150       1520        302      -45
    KB-07-67          12497       6144       1522        304      -45
    KB-07-68          12375       6147       1522        306      -45
    KB-07-69          12375       6167       1522        304      -45
    KB-07-70          12344       6182       1522        312      -45
    KB-07-72          12405       6095       1518        300      -45
    KB-07-81          12298       6078       1510        310      -47
    KB-07-82          12298       6101       1510        311      -47
    KB-07-92          12390       6122       1516        333    -46.2
    KB-07-98          12359       6123       1510        308    -44.9


    Analytical Method
    -----------------
    Mineralized diamond drill hole intervals reported are down hole core
lengths only. NQ diameter drill core samples are split in half; one half being
retained in its original core box and the second half sent to an independent
commercial laboratory for analysis. Samples are analyzed by ISO 17025
accredited Accurassay Laboratories in Thunder Bay, Ontario. Samples analyzed
for base metals (nickel, copper, and cobalt) are digested using aqua regia
with an atomic absorption finish.
    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 ext. 247, E-mail: barry@chfir.com; or Cathy Hume, CEO, Tel: (416)
868-1079 ext. 231, E-mail: cathy@chfir.com


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