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Canadian Arrow Mines updates on Kelex nickel project
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Monday, 14 Feb 2011
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Canadian Arrow Mines Limited reports intersecting 5.89% Ni over 0.6 meter and 2.51% Ni over 0.3 meter intervals of massive sulphides within a larger interval averaging 1.37% Ni over 3.7 meters on its Timmins, Ontario Kelex nickel project.

Hole 2010-11 was drilled on the same section as and 78 meters below, previously reported hole 2010-03 which intersected 0.45% Ni over 8.5 meters including 0.61% Ni over 1.1 meters. Hole 2010-10 drilled on the same section mid distance between both holes intersected 0.48% Ni over 3 metres. Holes 2010-10 and 11 have successfully extended the Kelex West (KW) zone nickel sulphide mineralization 70 meters further to depth.

Mr Kim Tyler president of Canadian Arrow Mines Limited said that "Besides observing increased grades with depth we are also pleased by the occurrence of high grade massive sulphide mineralization in 2010-11. Intercepting nickel bearing massive sulphides with the limited amount of historical drilling at this depth is very encouraging. The genetic nature of these deposits consists of heavy, high grade massive sulphide pods settling and strung out along magma flow channels at footwall contacts. The fluid dynamics are similar to placer deposits in surface river systems. These holes will aid in the interpretation of magma flow direction and exploration of more such pods at depth and along strike."

Additionally, hole 2010-08 intercepted 1.81% Ni over 1.3 meters in semi massive sulphides in the Kelex Central West Zone.

Recent Kelex Significant DDH Assay Results

HoleFrom (m)To (m)Length (m)True Width (m)Section DipNi%
2010-08101.9103.21.30.81410E-441.8
2010-1021822132.41315E-500.5
2010-11249252.73.72.31315E-581.4
Includes249249.30.30.22.5
Includes252.1252.70.60.45.9


The Kelex zones discovered to date are defined by a string of five lenses of higher grade massive sulphides within a broader, lower grade, nickel sulphide halo that extend along a 600 meter strike length and are drill defined to only 100 metres below surface. Sparse drilling below the 100 meter horizon has intercepted additional mineralization to at least the 350 meter elevation. Widths and continuity of both the Kelex and Alexo zones indicate amenability for both bulk mineable open pit and underground extraction.

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