Cdn Arrow Mines flies over Kenbridge, other projects -
Canadian Arrow Mines Ltd (C:CRO)
Shares Issued 34,137,880
Last Close 1/31/2007 $0.41
Thursday February 01 2007 - News Release
Mr. Dean MacEachern reports CANADIAN ARROW BEGINS AIRBORNE GEOPHYSICAL SURVEY ON NICKEL-COPPER PROPERTIES; DRILLING TO BEGIN SHORTLY
Canadian Arrow Mines Ltd. -
has initiated an airborne geophysical survey over the
company's Kenbridge, Denmark Lake, Chief Peter Lake,
Eva Lake, Kawane and Abiwin nickel-copper projects
located in Northwestern Ontario.
The 1,100-line-kilometre airborne ATEM and magnetic survey
has been contracted to Aeroquest Ltd. which has mobilized
a field crew to complete the survey over the next few weeks.
The objective of the airborne survey is to provide a modern geophysical database from which the company will generate
nickel sulphide exploration targets to be tested by
diamond drilling in 2007.
The company also reported that it has negotiated for a 5,000-metre diamond drilling contract to drill test nickel sulphide targets identified at the Kenbridge nickel deposit
and other regional targets which may be generated from
The drill program is scheduled to begin shortly after the completion of the survey.
Dean MacEachern, Canadian Arrow's vice-president of exploration, commented:
"The airborne survey will be flown over our extensive
property position including the known nickel sulphide
showings and the Kenbridge nickel deposit.
It will provide an excellent database from which to design
an aggressive exploration program.
In order to provide year-round access to the Kenbridge
deposit in advance of the significant diamond drilling
program that we anticipate beginning within the next
few weeks, we are constructing an all-season trail
into the property.
The proximity of our projects to existing infrastructure
will allow us to quickly evaluate the nickel sulphide
potential of any potential geophysical anomalies while
we concurrently advance the Kenbridge deposit."
The exploration program is being carried out under the
direction of the company's exploration manager, Todd Keast,
PGeo, a qualified person as defined by National Instrument 43-101.
The information in this release was prepared under the
direction of Mr. MacEachern, PGeo, a qualified person as
defined by National Instrument 43-101. http://www.investorshub.com/boards/board.asp?board_id=7957