Canadian Arrow Mines (TSXV:CRO)

Canadian Arrow Mines (TSXV:CRO) Canadian Arrow Mines, Ltd. (CRO-TSXV) is focused on acquiring and developing economically viable nickel-copper sulphide deposits near existing infrastructure.

Canadian Arrow Mines Limited is developing two advanced nickel/copper mining projects located near existing infrastructure in Ontario, Canada. Its principal asset is the Kenbridge nickel-copper sulphide deposit located near Kenora, Ontario that remains open in three directions, is equipped with a 620 m shaft built and explored by Falconbridge Limited and has never been mined. Highlights of an upda

ted NI 43-101 Preliminary Economic Assessment Technical Report (PEA)

reported on Sept. 4, 2008 include an operating cash cost/lb payable net of copper credits of US$3.47/lb nickel. At life of mine metal prices of US$10/lb Ni and US$2.50/lb Cu; a CD$1.00:US$0.90 exchange rate and a 7.5% discount rate the PEA concludes a Net Present Value of CD$253M is achievable. The Company also owns the past producing Alexo and Kelex mines located in the Abitibi nickel district east of Timmins Ontario. Highlights of a NI 43-101 Technical Report and Resource Estimate reported on September 22, 2010 include an indicated resource of 243,000 tonnes grading 1.08% nickel containing 5.8M lbs of nickel.

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Greater Sudbury, ON
P3B4H5

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