Canadian Arrow Mines, Ltd. (CRO: TSX-V) 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, Ontario 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% Ni over 8.5 metres including 0.61% Ni over 1.1 metres. 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 metres further to depth.
Mr. Kim Tyler, President of the Company, said, "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 m in semi-massive sulphides in the Kelex Central West (KCW) Zone.
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 metre strike length and are drill defined to only 100 metres below surface. Sparse drilling below the 100 metre horizon has intercepted additional mineralization to at least the 350 metre elevation. Widths and continuity of both the Kelex and Alexo zones indicate amenability for both bulk minable open pit and underground extraction.
The exploration program is being carried out under the direction of Kim Tyler, P. Geo., President of the Company, a qualified person as defined by National Instrument 43-101.
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 ALS Chemex Laboratories in Vancouver, BC. Samples analyzed for base metals (nickel, copper, and cobalt) are digested with a four acid digestion technique with an ICP-AES finish. Precious metals, (platinum, palladium and gold), are fire assayed with an ICP-AES finish.
Source: Canadian Arrow Mines, Ltd.