Canadian Arrow Mines Ltd

Published : December 10th, 2007

Kenbridge deeper drilling returns high grade nickel and copper: 1.95% Ni over 19.0 m

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

Canadian Arrow: Kenbridge deeper drilling returns high grade nickel and copper: 1.95% Ni over 19.0 meters

���� SUDBURY, ON, Dec. 10 /CNW/ - Canadian Arrow Mines, Ltd. (CRO: TSX-V) (the
"Company"), reports assays results for holes drilled within and below the
limits of the proposed open pit at the Kenbridge Nickel Deposit. Three holes
noted below completed on the same section have delineated a significant
section of mineralization over a vertical distance of 200 metres.
���� Highlights of the deeper drilling include:
���� -�� 1.95% Ni, 0.99% Cu over a core length of 19.0 metres - KB-07-121
�������� -including 5.26% Ni, 0.77% Cu over 1.65 metres
�������� -and 4.24% Ni, 2.09% Cu over 3.0 metres
���� -�� 1.92% Ni, 0.95% Cu over a core length of 10.5 metres - KB-07-119
���� -�� 1.27% Ni, 0.41% Cu over a core length of 20.2 metres - KB-07-104
���� The mineralization is situated immediately below the vertical limits of
the proposed open pit and could be accessed via either the existing shaft or
by a ramp from surface. The company recently announced the purchase of a
headframe and hoisting equipment (see press release Nov. 15/07) and intends to
conduct an advanced exploration program in 2008 to further explore the
underground resource which remains open along strike and at depth.
���� Todd Keast VP exploration commented "As we begin to assess the lower
portions of the Kenbridge deposit it is apparent that the mineralization
increases in grade as evidenced in holes 119 and 121. The grades and
thicknesses of these deeper intersections are very encouraging. We've received
nearly all outstanding assay results for the open pit portion of the deposit
which will allow the company to proceed with the completion of the preliminary
assessment study. The delay in the study has not however slowed work at
Kenbridge. Deeper drilling of the deposit, the purchase of hoisting equipment,
discussions with First Nations, environmental baseline studies, and the
acquisition of additional properties have all advanced the project in a
relatively short period of time since drilling commenced in April 2007. Cold
fall weather has ensured proper ice conditions for drilling the deeper
portions of the Kenbridge deposit which will continue through the winter of
2008. We anticipate completing the infill drilling of the deeper portions of
the Kenbridge deposit in the first half of 2008 so that we can incorporate all
drill data into a feasibility study."
���� Assay Results:
���� Hole�������� From�������� To���� Length������� %Ni������� %Cu������� %Co
������� (Shallow drilling above
�������� anticipated pit floor)
���� KB-07-74�������� 3����� 11.9������� 8.9������ 0.35������ 0.14������ 0.01
����������������21.95����� 25.7������ 3.75������ 0.33������ 0.14������ 0.01
�������������������� 42������� 50��������� 8������ 0.31������ 0.16������ 0.01
���� KB-07-75������� 15����� 16.8������� 1.8������ 0.31������ 0.31������ 0.01
����������������� 22.85 �������37����� 14.15������ 0.30������ 0.34������ 0.01
���� KB-07-76����� 49.6������� 56������� 6.4������ 0.50������ 0.29������ 0.01
�������������������� 95���� 114.3������ 19.3������ 0.58������ 0.64������ 0.01
������ includes��� 97.6����� 99.6��������� 2�����3.21������ 3.89������ 0.06
���� KB-07-83����� 44.2����� 48.7������� 4.5������ 0.73������ 0.31������ 0.02
������������������ 76.5������� 86������� 9.5������ 0.57������ 0.41������ 0.02
������������������ 88.8����� 92.1������� 3.3������ 0.29������ 0.19�����0.01
����������������� 105.5���� 110.9������� 5.4������ 0.53������ 0.32������ 0.01
����������������� 122.1���� 132.5������ 10.4������ 0.30������ 0.36������ 0.01
���� KB-07-86����� 25.5������� 55������ 29.5������ 0.56������ 0.22������ 0.02
������ includes��� 30.2����� 40.5������ 10.3������ 1.19������ 0.45������ 0.03
������ includes�� 32.75���� 36.25������� 3.5������ 2.76������ 0.95������ 0.06
������������������ 79.9���� 111.2������ 31.3������ 0.29������ 0.26������ 0.01
������ includes��� 79.9����� 86.1 �������6.2������ 0.74������ 0.57������ 0.02
���� KB-07-88������� 22������� 30��������� 8������ 0.31������ 0.25������ 0.01
������ includes����� 27������� 30��������� 3������ 0.57������ 0.49������ 0.01
������������������ 40.3������� 43������� 2.7������ 2.26 ������0.57������ 0.07
������������������ 48.9����� 52.9��������� 4������ 0.37������ 0.17������ 0.01
������������������ 54.5����� 60.1������� 5.6������ 0.35������ 0.13������ 0.01
���� KB-07-89������� 35����� 39.7������� 4.7������ 0.23������ 0.20������ 0.01
�������������������� 57������� 61��������� 4������ 2.14������ 0.54������ 0.06
������ includes��� 57.7���� 60.25������ 2.55������ 3.28������ 0.69������ 0.10
������������������ 74.9����� 76.7������� 1.8������ 0.62������ 0.42������ 0.01
���� KB-07-90������ 3.5������� 25������ 21.5������ 0.30������ 0.15������ 0.01
������������������ 73.4���� 102.6������ 29.2������ 0.37������ 0.16������ 0.01
������ includes��� 73.4����� 76.5������� 3.1������ 1.51������ 0.49������ 0.06
���� KB-07-97�������� 2������ 6.2������� 4.2������ 0.53������ 0.23������ 0.02
������������������ 20.6������� 24������� 3.4������ 0.51������ 0.15������ 0.02
���� Hole�������� From�������� To���� Length������� %Ni������� %Cu������� %Co
������������������ 70.9����� 93.2������ 22.3������ 0.52������ 0.38������ 0.02
������ includes��� 88.5������� 91������� 2.5������ 1.12������ 1.00������ 0.03
���� KB-07-102����� 6.4����� 20.5������ 14.1������ 0.42������ 0.47������ 0.01
������ includes���� 7.4������� 12������� 4.6������ 0.75������ 0.76������ 0.02
���� KB-07-118������ 94���� 100.5������� 6.5������ 1.04������ 0.78������ 0.03
������ includes��� 94.7������� 97������� 2.3������ 2.04������ 1.91������ 0.05
������������������� 129���� 132.5������� 3.5������ 0.39������ 0.26������ 0.02
������������������� 139������ 145��������� 6������ 0.30������ 0.16������ 0.01
���� KB-07-111����� 9.5����� 17.3������� 7.8������ 0.35������ 0.11������ 0.02
�������������������� 26����� 32.7������� 6.7������ 0.68������ 0.37������ 0.02
�������� (Deep Drilling below
�������� anticipated pit floor)
���� KB-07-104��� 312.6���� 332.8������ 20.2������ 1.27������ 0.41������ 0.03
������ includes�� 320.1���� 327.7������� 7.6������ 2.15������ 0.51������ 0.05
������ includes�� 320.1���� 322.2������� 2.1������ 3.72������ 0.94������ 0.09
������ includes�� 324.7���� 327.7��������� 3������ 2.78������ 0.60������ 0.07
����������������� 347.7������ 359������ 11.3������ 0.61������ 0.12������ 0.02
������ includes�� 353.5������ 359������� 5.5������ 0.95������ 0.17������ 0.03
����������������� 377.3������ 394�� ����16.7������ 0.48������ 0.44������ 0.01
���� KB-07-115����� 213���� 229.4������ 16.4������ 0.33������ 0.14������ 0.01
����������������� 236.1���� 245.4������� 9.3������ 0.42������ 0.18������ 0.01
������ includes�� 236.1��� 237.95������ 1.85������ 1.07�� ����0.31������ 0.03
����������������� 243.7������ 248������� 4.3������ 0.47������ 0.27������ 0.01
������������������� 251���� 258.8������� 7.8������ 0.32������ 0.18������ 0.01
����������������� 263.5������ 268������� 4.5������ 0.35������ 0.16������ 0.01
���KB-07-117��� 295.7���� 299.9������� 4.2������ 0.79������ 0.28������ 0.02
������������������� 321���� 327.6������� 6.6������ 0.23������ 0.13������ 0.01
������������������� 332���� 352.9������ 20.9������ 0.50������ 0.42������ 0.02
���� KB-07-119��� 127.6 ����220.5������ 92.9������ 0.61������ 0.39������ 0.02
������ includes�� 129.5������ 140������ 10.5������ 1.92������ 0.95������ 0.06
������ includes�� 130.9���� 136.6������� 5.7������ 2.74������ 1.16������ 0.09
������ includes���� 147���� 150.8������� 3.8�����1.41������ 1.16������ 0.04
���� KB-07-121����� 203������ 222�������� 19������ 1.96������ 0.99������ 0.06
������ includes�� 205.4��� 207.05������ 1.65������ 5.26������ 0.77������ 0.15
������ includes�� 212.3������ 222������� 9.7������ 2.49������ 1.55�����0.07
������ includes�� 219.0������ 222������� 3.0������ 4.24������ 2.09������ 0.11
���� Hole Locations:
���� Hole Number�� Northing����� Easting��� Elevation����� Azimuth������� Dip
���� KB-07-74�������� 12466�������� 6102������ 1516.5��������� 313�� �����-45
���� KB-07-75�������� 12314�������� 6060������ 1508.6������� 306.1������� -48
���� KB-07-76�������� 12314�������� 6110������ 1509.5������� 318.4������� -50
���� KB-07-83�������� 12298�������� 6128������ 1503.5��������� 320������� -47
���� KB-07-86�������� 12268�������� 6121�������� 1502������� 312.4����� -47.3
���� KB-07-88�������� 12420�������� 6079�������� 1517��������� 306����� -47.8
���� KB-07-89�������� 12420������ 6094.8�������� 1516������� 303.2������� -46
���� KB-07-90�������� 12420������� 6118������ 1513.5������� 310.9����� -47.3
���� KB-07-97�������� 12359������ 6098.3����� 1514.25������� 302.9������� -45
���� KB-07-102������� 12329������ 6043.8�������� 1508������� 308.6����� -43.5
���� KB-07-104����� 12453.5�������� 6234�������� 1520��� ����308.7����� -71.1
���� KB-07-111������� 12450������ 6079.5�������� 1518������� 311.2�������� 44
���� KB-07-115������� 12405�������� 6244�������� 1524������� 304.6����� -55.1
���� KB-07-117������� 12405�������� 6245�������� 1524��������� 304������� -67
 ����KB-07-118������� 12481�������� 6181�������� 1524������� 302.8����� -44.2
���� KB-07-119������� 12451�������� 6206�������� 1525��������� 304����� -49.1
���� KB-07-121������� 12451�������� 6206�������� 1525������� 303.2������� -61
���� 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: catarina@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.
���� This news release may contain certain "Forward-Looking Statements" within
the meaning of Section 21E of the United States Securities Exchange Act of
1934, as amended. All statements, other than statements of historical fact,
included herein are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company's expectations are
disclosed in the Company's documents filed from time to time with The TSX
Venture Exchange, Canadian Securities Commissions, and the United States
Securities & Exchange Commission. Not to be construed as an offer to buy or
sell securities of this company.
���� %SEDAR: 00008534E
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. 222, E-mail: barry@chfir.com; or Cathy Hume, CEO, Tel: (416)
868-1079 ext. 231, E-mail: cathy@chfir.com

Canadian Arrow Mines Ltd

PRODUCER
CODE : CRO.V
ISIN : CA1353431010
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Canadian Arrow is a nickel and gold producing company based in .

Canadian Arrow produces nickel, gold, cobalt and copper in Canada, develops cobalt, copper and nickel in Canada, and holds various exploration projects in Canada.

Its main assets in production are ALEXO and CHIEF PETER LAKE in Canada, its main asset in development is KENBRIDGE in Canada and its main exploration properties are ATIKOKAN PROPERTIES, HALLIDAY DOME and HART in Canada.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Canadian Arrow Mines Ltd
5/19/2009Completes Final Tranche of Private Placement
7/14/2008Announces Flow-Through Private Placement
2/1/2008completes private placement
Nominations of Canadian Arrow Mines Ltd
7/28/2009announces appointment of George E. Pirie to Board; Withdraws...
Project news of Canadian Arrow Mines Ltd
12/21/2013renegotiates exploration
12/2/2013Renegotiates Exploration Option with San Gold
9/17/2012Commences Nickel Production,
3/20/2012De-Watering Kelex Nickel Mine
1/3/2012(Hart)receives CDN $1 million payment for 50% of Hart Nickel Proje...
9/14/2011Kelex nickel production update
3/14/2011MINE DEVELOPMENT/PRODUCTION
2/15/2011INTERSECTS 5.01% NICKEL OVER
2/9/2011INTERSECTS 5.89% NICKEL AT
7/21/2010(Alexo)on Timmins nickel projects evaluation and retains investor
6/1/2010intersects 4.53% nickel at new Night Danger discovery
5/12/2010(Alexo)Evaluating nickel production
1/7/2010(Kenbridge)Reports drill results including new nickel copper discovery
12/4/2008(Kenbridge)receives road permit for Kenbridge Nickel Project
11/12/2008(Atikokan Properties)releases Atikokan drill results
9/4/2008(Kenbridge)s Kenbridge Preliminary Economic Assessment - 89% Increase i...
8/19/2008(Kenbridge)Upgrades Kenbridge Nickel Resource Estimate - 87% Increase i...
6/26/2008(Kenbridge)Metallurgical Program at Kenbridge Nickel Project returns 90...
3/10/2008(Kenbridge)Kenbridge returns 6.23% Ni over 5.8 metres - continues to yi...
2/28/2008(Kenbridge)Kenbridge deep drilling returns 7.21% Ni over 5.5 metres
2/13/2008(Kenbridge)Key processing equipment secured for Kenbridge Nickel Projec...
2/11/2008(Kenbridge)returns drill results of 4.27% Ni and, 0.54% Cu over 5.0 met...
1/9/2008(Kenbridge)Kenbridge Nickel-Copper Deposit Resource Estimate Update - I...
12/10/2007(Kenbridge)Kenbridge deeper drilling returns high grade nickel and copp...
11/27/2007Options Two More Nickel Copper Properties and Connects Land ...
11/22/2007(Kenbridge) Acquires Key Land Positions around Kenbridge and Denmark La...
11/5/2007(Kenbridge)Discuss Kenbridge Nickel Project
10/31/2007(Kenbridge)Positive preliminary metallurgical results for Kenbridge nic...
10/25/2007(Kenbridge) 23 metres grading 0.99% nickel intersected at Kenbridge, de...
5/7/2007(Kenbridge)files NI 43-101 resource estimate for Kenbridge Nickel-Coppe...
4/11/2007(Kenbridge)Initiates Phase One Drilling on the Kenbridge Deposit
Corporate news of Canadian Arrow Mines Ltd
12/4/2014Devon CEO Richels stepping down in July, Hager to replace
12/3/2014Devon CEO Richels stepping down in July, Hagar to replace
10/18/2012proposes to extend term of warrants
6/30/2012Grants Share Purchase Options
6/27/2012$0.5m financing and property option agreement with San Gold ...
6/4/2012commences mining at Kelex
3/23/2012Receives CDN $1.475 Million
2/6/2012acquires former Inco claims
9/13/2011receives positive metallurgical nickel results
6/15/2011RECIEVES ONTARIO GOVERNMENT
5/2/2011(Alexo)INCREASES ALEXO KELEX
3/16/2011PROPOSES TO EXTEND TERM OF
3/9/2011COMPLETES DENMARK LAKE
2/16/2011(Kenbridge)COMPLETES KENBRIDGE NICKEL
5/27/2010reports Turtlepond Phase II drill results and provides updat...
1/19/2010reports more significant platinum group mineralization on fo...
3/24/2010Treaty No. 3 First Nations & Canadian Arrow Mines Conclude E...
2/25/2010Commences Phase II Nickel, PGM Exploration Drill Program
1/12/2010Reports significant platinum-palladium-gold drill results on...
11/19/2009drills sulphide mineralization at Glatz nickel project
6/23/2009announces proposed debt settlement
5/25/2009and URSA Major Minerals announce letter of intent for a busi...
3/5/2009announces extension of loan
11/24/2008announces changes to Board
11/5/2008at the Rodman and Renshaw Conference : New York
9/9/2008Receives Award from Treaty No. 3 First Nation
6/3/20082008 Summer Field Programs Underway
5/26/2008arranges debt facility
4/30/2008New Nickel Discovery - 4.51% Ni over 0.75m
4/29/2008Assay update, underground resource estimate update initiated
4/23/2008Retains AGORACOM to Provide Investor Relations, Social Netwo...
4/18/2008Identifies More Exploration Targets; Airborne Geophysical Su...
4/16/2008Receives Exceptional Nickel Recoveries from Recent Testwork
4/11/2008Presented with Developer of the Year Award
3/25/2008Begins Consultations with Treaty No. 3 First Nations for Ken...
3/11/2008Announces Change in Board
2/26/2008files positive Preliminary Economic Assessment Report for Ke...
1/24/2008 Announces C$3,000,000 Financing
1/22/2008Enters Into Two Property Option Agreements
1/21/2008issues revised Preliminary Economic Assessment (PEA) Study f...
1/14/2008receives positive assessment study for Kenbridge Nickel Proj...
12/19/2007KENBRIDGE DRILLING 42.5 metres of 1.41% Ni, 0.54% Cu
11/20/2007Reports 4.79 gm/t PGM from Kawene Lake Grab Samples
11/15/2007 Purchases Head Frame and Hoisting Equipment
11/12/2007 Reports 1.28% Nickel from Glatz Surface Grab Samples
9/12/2007 Kenbridge Nickel-Copper project open pit potential defined ...
8/28/2007acquires new nickel - copper project
8/23/2007Engineering and Metallurgical Contracts for Kenbridge Nickel...
7/5/2007reports assay results at Kenbridge Nickel-Copper Deposit
5/24/2007grants share purchase options
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (CRO.V)FRANKFURT (C6X.F)
0.015+50.00%1.02+0.79%
TSX-V
CA$ 0.015
02/01 16:48 0.010
50%
Prev close Open
0.010 0.015
Low High
0.005 0.015
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.015 -%
Volume 1 month var.
2,780,863 -%
24hGold TrendPower© : 3
Produces Cobalt - Copper - Gold - Nickel
Develops Cobalt - Copper - Nickel
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.49+0.13%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.76+1.29%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-0.92%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.59-0.38%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.15+0.80%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24-7.84%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.22+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.79-2.72%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 50.54+0.40%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :