SUDBURY, ON, May 2 /CNW/ -- SUDBURY, ON, May 2 /CNW/ - Canadian Arrow Mines, Ltd. (CRO: TSX-V) (the 'Company') reports it has received an updated mineral resource estimate from P&E Mining Consultants Inc. of Brampton, Ontario for its Alexo and Kelex nickel project located approximately 70 km east of Timmins, Ontario. The resource estimate
Canadian Arrow Mines announced today that it proposes to extend by six (6) months the expiry date of the following share purchase warrants: Warrants to purchase up to 2,850,000 common shares at an exercise price of $0.10 per share until March 17, 2011, issued in connection with a non-brokered private placement completed in September 2009. If [...]
Canadian Arrow Mines reports continuing progress on its three key nickel-copper mining assets located in Northern Ontario. The Company's first priority is bringing its past producing Alexo/Kelex nickel property back into production later this year. The Company also anticipates receiving income from its royalty interest in the Hart nickel project [...]
Canadian Arrow Mines is pleased to report it has acquired 100% ownership of the Denmark Lake group of claims located adjacent to and along strike of its flagship Kenbridge Nickel Project located near Kenora. The Company has fulfilled all its obligations under an option agreement and confirms title transfer of 15 claims (204 units) comprising 3,264 [...]
Canadian Arrow Mines reports hole 2011-16 intersected 2.13% Ni over 4.9 m including 3.75% Ni in 2.3 m of massive sulphides. The hole drilled in the Kelex Central West Zone completes the final component of sample collection for metallurgical test work. Kim Tyler, President of Canadian Arrow, said, "This concludes the current phase of drill results [...]
Canadian Arrow Mines and Blackstone Ventures are pleased to announce that they have agreed to terms on which Canadian Arrow will acquire a 100% undivided interest in Blackstone Venture's interest in the Kenbridge nickel project. Under the terms of the original letter of agreement dated September 13th, 2006 Canadian Arrow was required to issue [...]
Canadian Arrow Mines is pleased to report the discovery of a new nickel sulphide lens at its Kelex nickel project located 17 km south of Iroquois Falls, Ontario. Hole 2011-15 intersected 5.01% Ni in 1 metre of massive sulphides. This is the second new hole to intercept the discovery. Previously reported hole 2010-11 intersected 5.89% Ni over 0.6 [...]
Canadian Arrow Mines reports intersecting 5.89% Ni over 0.6 metre and 2.51% Ni over 0.3 metre intervals of massive sulphides within a larger interval averaging 1.37% Ni over 3.7 metres on its Timmins, Kelex nickel project. Hole 2010-11 was drilled on the same section as, and 78 metres below, previously reported hole 2010-03 which intersected 0.45 [...]
Canadian Arrow Mines reports assay results on the next holes drilled on its Timmins, Ontario Kelex nickel project 2010 program. Hole 2010-03 intersected 0.63% Ni over a 4.0 m interval within a larger interval averaging 0.45% Ni over 32.3 metres. The hole was drilled on the same section as, and approximately 30 metres below, previously announced [...]
Canadian Arrow Mines reports assay results on the first two holes drilled on its Timmins, Ontario Kelex nickel project 2010 program. Hole 2010-02 intersected 1.22% Ni over a 4.7 metre interval within a larger interval averaging 0.62% Ni over 24.5 metres. Hole 2010-01 also successfully intersected similar results. Mr. Kim Tyler, President of the [...]
Canadian Arrow Mines reports it has commenced a 2,000 m diamond drilling program on its Timmins area Alexo and Kelex nickel projects The Company is also pleased to announce it has received, and filed on Sedar, the completed NI 43-101 technical report from P&E Mining Consultants Inc. of Brampton, Ontario supporting mineral resource estimates for its [...]
Canadian Arrow Mines is pleased to announce that it has closed the second tranche of its previously disclosed non-brokered private placement raising gross proceeds of $109,060 through the issuance of 1,558,000 units of the Company at a price of $0.07 per Unit. Each Unit consists of one common share of the Company and one common share purchase [...]