Kenbridge deep drilling returns 7.21% Ni over 5.5 metres



    SUDBURY, ON, Feb. 28 /CNW/ - Canadian Arrow Mines, Ltd. (CRO: TSX-V) (the
"Company") reports an exceptional intersection of high grade nickel copper
mineralization from drilling at the Kenbridge Nickel Project in Northwestern
Ontario. Diamond drill hole KB-07-180 assayed 2.95% Ni, 0.82% Cu, 0.07% Co
over a core length of 21.5 metres, including a high grade section of 7.21% Ni,
0.67% Cu, 0.19% Co over 5.5 metres. This is the deepest hole that Arrow has
completed on Kenbridge to date, with the intersection situated approximately
300 metres below the surface.

    
    Assay highlights for 11 drill holes include:

    -  KB-07-180 - 2.95% Ni, 0.82% Cu, 0.07% Co over 21.5 m
       -  including 4.85% Ni, 0.84% Cu, over 11.5m
       -  including 7.2% Ni, 0.67% Cu, over 5.5 m

    -  KB-07-142 - 1.01% Ni, 0.46% Cu over a core length of 16.7 m
       -  Including 2.87% Ni, 1.23% Cu, over 3.0 m

    -  KB-07-155 - 1.89% Ni, 0.24% Cu over 4.5m

    -  KB-07-168 - 1.16% Ni, 0.38% Cu over 6.4 m
    

    Commenting on the results Todd Keast Vice President Exploration of the
Company stated "Diamond drilling is now targeting the interval between the
160m level and the 400m level. The drill results reported here are all below
the bottom of the proposed open pit portion of the deposit. Hole KB-07-180 is
the best hole we've drilled on the property to date, showing excellent width
and exceptionally high grades. These recent results demonstrate the excellent
continuity of the deposit at depth while also highlighting zones of nickel
rich mineralization. The presence of high grade nickel-copper-cobalt
intersections, when combined with the existing 2,000' shaft, points to
significant opportunities for mine scheduling in the early years of mining
operations. While we continue to focus our efforts on the Kenbridge Nickel
Deposit, we have recently commenced drilling on other prospective targets near
the Kenbridge property and look forward to these results."

    
    Assay Results:

    Hole         From      To      Length      Ni%      Cu%      Co%
    KB-07-137    196.0    203.0      7.0       1.04     0.64     0.03
    KB-07-142    231.5    248.2     16.7       1.01     0.46     0.03
    KB-07-142    231.5    241.3      9.8       1.57     0.64     0.05
    KB-07-142    231.5    234.5      3.0       2.87     1.23     0.08
    KB-07-148    285.7    288.4      2.7       1.50     0.50     0.04
    KB-07-153    151.3    153.5      2.3       0.98     0.62     0.03
    KB-07-153    185.5    188.2      2.7       1.09     0.64     0.03
    KB-07-154    163.7    166.8      3.1       1.06     0.39     0.03
    KB-07-155    203.4    207.9      4.5       1.89     0.24     0.05
    KB-07-155    204.4    207.0      2.6       2.84     0.25     0.07
    KB-07-156    243.5    246.5      3.0       1.13     0.36     0.02
    KB-07-166    247.0    249.5      2.5       0.91     0.61     0.02
    KB-07-167    210.5    217.0      6.5       1.15     0.40     0.03
    KB-07-168    270.0    272.8      2.8       1.49     0.21     0.04
    KB-07-168    285.0    289.5      4.5       1.36     0.41     0.03
    KB-07-168    285.0    291.0      6.0       1.16     0.38     0.03
    KB-07-180    358.0    379.5     21.5       2.95     0.82     0.07
    KB-07-180    363.5    375.0     11.5       4.85     0.84     0.12
    KB-07-180    364.5    370.0      5.5       7.21     0.67     0.19
    

    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:
sarah@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.

    %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

Organization Profile

Canadian Arrow Mines Limited

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890