CANADIAN ARROW MINES LTD. - BRINGING KENBRIDGE NICKEL PROJECT TO EARLY PRODUCTION DECISION

摘要

A year ago, Canadian Arrow had less in the way of mining assets on its books. Today it has a profitably recoverable resource estimate of 71.2 million lbs of nickel and 49.6 million lbs of copper at an average cost of 4.89 US dollars per lb of nickel net of byproduct credits for copper located about an existing shaft. It also has acquired a headframe, a hoist, a semi-autogenous grinding mill, a positive Preliminary Economic Assessment, (PEA), supporting the above resource and an impressive suite of prospective land packages. Much has been accomplished since Arrow acquired the Kenbridge nickel-copper project located in northwestern Ontario in the fall of 2006. The firm has an exceptional management and technical team with a depth and breadth of experience in discovery, development and operational mine management around the globe.