Canadian Arrow drills sulphide mineralization at Glatz nickel project

Canadian Arrow drills sulphide mineralization at Glatz nickel project 08:59 EST Thursday, November 19, 2009

SUDBURY, ON, Nov. 19 /CNW/ - Canadian Arrow Mines Limited (CRO: TSX-V) (the "Company") is pleased to report it has intersected sulphide mineralization on its Glatz nickel copper project located 40 km south of Dryden Ontario and 70 km east of its flagship Kenbridge advanced nickel copper project.

Diamond drill hole GZ-09-02 intersected coarse blebby and finely disseminated sulphides from surface to the 90m interval. The mineralization is consistent with that displayed in trenches and outcrop exposures occurring at surface above the hole.

More significantly it also intercepted vein and stringer breccia sulphide bands over a 12m down-hole interval between 41.0m and 53.0m.

Initial examination of the core has identified encouraging widespread magmatic sulphide mineralization associated with breccia zones within a gabbro and pyroxenite intrusion. The geological model bears a resemblance to the Company's Kenbridge nickel-copper deposit. The Kenbridge deposit is also characterized by near-surface, wide-spread disseminated nickel-copper sulphide mineralization suitable for open pit extraction that resolves at depth into narrower, high grade semi-massive lenses and disseminated mineralization suitable for underground extraction.

Kenbridge and Glatz are only two of the 23 recorded nickel-copper sulphide bearing occurrences hosted within the same 220km ring of volcanics and ultramafic intrusives located between Dryden and Kenora, Ontario.

To date two NQ size holes have been logged and sampled for a total of 416m. Core samples have been split and sent out for analyses at an accredited laboratory in accordance with NI 43-101 best practice guidelines. No estimation can be concluded at this time of the extent or true widths of the mineralization. Additional drilling has been allocated to follow up on the mineralization.

Hole GZ-09-02 was drilled on coordinates 26+00N at 45+35E, at an azimuth of 180 degrees and a dip 0f -60 degrees. Hole GZ-09-01 was drilled on coordinates 26+00N and 45+85E at an azimuth of 180 degrees and a dip of -60 degrees. The hole was drilled through the northern intrusive/volcanic contact. Although sulphide mineralization is weak, the presence of variable sulphide, potassic, chloritic and silica alteration are interpreted to be distal vector indicators of a regional mineralization package.

The Glatz Property is the first of six targets to be drilled on the Turtlepond Lake Group of projects. The Turtlepond Lake Group consists of three previously under-explored historic nickel-copper occurrences, (Glatz, Emmons and Prigg), coincident with recently surveyed electromagnetic conductor/magnetic anomalies, and three other newly discovered geophysical targets, North Glatz, Night Danger, and Double E. All targets are clustered within 1.5 km of each other and occur within a few kilometres either side of highway 502.

The exploration program is being carried out under the direction of The Company's Vice President of Exploration, Mr. 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 Mr. Kim Tyler, P. Geo., President of the Company, a qualified person as defined by National Instrument 43-101.

About Canadian Arrow Mines:

Canadian Arrow Mines Limited is focused on acquiring and developing nickel sulphide deposits near existing infrastructure. The Company's principal asset is the Kenbridge Project, a nickel-copper sulphide deposit containing over 44,000 tonnes of nickel in the measured & indicated classes, (Sedar, Aug. 19, 2008), as follows:

    <<     -   Measured Resource: 3,546,000 tonnes grading 0.45% nickel, 0.24%         copper, 0.015% cobalt.      -   Indicated Resource: 3,593,000 tonnes grading 0.79% nickel, 0.42%         copper, 0.018% cobalt.     >> 

The deposit remains open in three directions, is equipped with a 620 m shaft and has never been mined.

    <<     * National Instrument 43-101: Mr. E. Puritch, P. Eng., Ms. Tracy         Armstrong, P.Geo., and Antoine Yassa, P.Geo. of P&E Mining         Consultants Inc. are the independent qualified persons for the         Kenbridge resource estimates.     >> 

Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, socio-political, marketing, or other relevant issues.

Additional information relating to Canadian Arrow is available on SEDAR at www.sedar.com.

This press release may contain "forward-looking statements" within the meaning of the Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this press release and the Company does not intend, and does not assume, any obligation to update these forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information: visit the website at www.canadianarrowmines.ca, or contact Mr. Kim Tyler, President and Director, toll free, 1-877-262-6354

© Copyright Canada Newswire

Canadian Arrow starts drilling Glatz Nickel Project

cnw


SUDBURY, ON, Nov. 9 /CNW/ - Canadian Arrow Mines Limited (CRO: TSX-V) (the "Company") announces it has begun diamond drilling the first of its high priority Turtlepond area nickel-copper projects located 40 km south of Dryden in northwestern Ontario. Over twelve first-pass holes are planned totaling 2,500 metres of drilling over six priority targets. The Turtlepond Lake Group consists of three previously under-explored historic nickel-copper occurrences, (Glatz, Emmons and Prigg), coincident with recently surveyed electromagnetic conductor/magnetic anomalies, and three other newly discovered geophysical targets, North Glatz, Night Danger, and Double E. All targets are clustered within 1.5 km of each other and occur within a few kilometres either side of highway 502.


The Glatz Property is the first of these targets to be drilled and will consist of four holes for an approximate total of 800 metres of NQ core. Mechanical trenching and ground geophysical surveys on the Glatz showing have delineated two parallel zones of mineralization which extend for 900 m and 700 m in length respectively. Widespread disseminated and blebby nickel-copper-iron sulphide mineralization has been exposed and channel sampled along both trends. Both anomalies are coincident with airborne geophysical anomalies and have not yet been drill tested. An 800m long VTEM anomaly is associated with the Glatz showing and eleven conductive targets have been identified. In 2007 Arrow investigated a series of historical trenches along this geophysical trend with grab sample assay results ranging between trace to 1.28% Ni, and trace to 4.56% Cu. More detail on the Glatz Property can be viewed on the company's website at:


http://www.canadianarrowmines.ca/glatz_property/


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.

Canadian Arrow provides clarification on previous option grant

cnw

SUDBURY, ON, Oct. 23 /CNW/ - Canadian Arrow Mines Limited (the "Company") (CRO-TSX Venture) announced today that the exercise price of its previously disclosed grant of stock options (see press release dated October 6, 2009) has been amended from $0.05 per share to $0.10 per share in order to comply with the rules of the TSX Venture Exchange. All other terms of such options remain as disclosed in the October 6, 2009 press release.

Canadian Arrow prepares to drill nickel projects

cnw

SUDBURY, ON, Oct. 5 /CNW/ - Canadian Arrow Mines Limited (CRO: TSX-V) (the "Company") having recently completed a $1.83M financing is pleased to provide an update on the exploration programs planned on its nickel-copper properties located in northwestern Ontario.


"Over $1.5M is to be expended on resumption of our exploration activities," comments Company President Kim Tyler. "First pass drilling programs are prepared to evaluate the six highest priority targets on our regional projects in addition to drilling proposed on the open extensions of our flag-ship Kenbridge nickel/copper deposit."


The initial focus will be on the Turtlepond Lake group of projects located about 40 km south of Dryden, Ontario and 70 km east of Kenbridge. The Turtlepond Lake Group consists of three previously under-explored historic nickel-copper occurrences, (Glatz, Emmons and Prigg), coincident with recently surveyed electromagnetic conductor/magnetic anomalies, and three other newly discovered geophysical targets, North Glatz, Night Danger, and Double E. All targets are clustered within 1.5 km of each other. A map detailing the Turtlepond projects can be viewed on the Company's website at:


http://www.canadianarrowmines.ca/turtlepond_lake_projects/.

- This company has connections to very well funded mining operations through decades of experience. I believe Mr. Tyler when he says they are speaking with 5 strategic partners for completion of there project through joint ventures. Joint venture speculation could drive our sp into a frenzy.

- The drill program which comprised our 253 million dollar property is open at depth and further drilling could significantly increase the resource. Some of our strongest results were on outer edges of the drill zone. De-watering of the 2500 meter mine shaft will allow them to get at these areas. The intersection I speak of is the 7% nickel over 5 meters that intersection comes from the end of the drill core. Further exploration could offer up amazing results. 0 summer 2008 drill results out, any significant finds in mine ready atikocan or kenora/dryden properties will lift stock.

- The company has contractual agreements with Opiwica explorations (OPW) on the TSX.V to mill there major gold and copper find with in close proximity of Canadian Arrows Planned site. Mining could begin on both projects in early 2010. This represents earnings and is a good partnership for a company seeking to be the next significant Nickel Copper producer in Canada.

- Canadian Arrow has the ability to produce nickel in its mine at 3.47 per pound nickel. That kind of number is unheard of in comparison to other mines. With production scheduled for early 2010 (around the same time our economy should be significantly rebounding) what if nickel prices return back to 15 dollars per pound? This site will look like a gem to any investor! (plus the property would be worth about 400mil at 15 dollars per pound nickel.

This is just a few of the key points that I believe make this company look attractive. If my predictions are correct we will see a significant rebound to normal multiples over the course of the next couple of months and with any significant news pertaining to my points and our sp and volume will be sent soaring. JV with cash on the books and abilitiy to help put project into production will send our sp back to .50 if not higher! I am Bull on Canadian Arrow mines.

Source

Review This .pdf 12 page report:

http://www.chfir.com/CRO_Valuation/CRO_ValuationReport.pdf

Iteration Energy ITX-T Ready To Run

Place your bets on the future and Natural Gas

ITX-T

Caisse de depot et placement du Quebec

Has accumulated 1 Million Shares at $1.18 Nov 5 2009

You can buy at 1.12

Natural Gas Accumulation = Retirement Early

Time To Accumulate As Fast Money Is Buying Low To Sell Much Higher

Gas has been trending up since hitting a seven year low on Sept 3, 2009. Market drivers are forecasted cold weather, the recovering economy, declines in gas production, and higher oil.

Futures market prices predict the market is now back to its previous long term up trend as each successive future month is priced higher that the previous month. As cold weather and falling production begin to reduce the stockpile of natural gas available to the recovering economy the price for gas could jump significantly by year end.

Indeed many professional investors are moving money into the commodity markets such as natural gas. These speculative investments have already lead to recent price volatility and this well may gain momentum as we move through 2010. Medium term technical indicators such as the 50 day moving average vs current price, or the 20 - 100 Day MACD oscillator and the 50 day parabolic time/price all are showing buy signals. Overall the medium term technical indicators average 75% on the Buy side.

http://www.lacaisse.com/en/lacaisse/Pages/caisse.aspx

Caisse de depot et placement du Quebec

Has accumulated 1 Million Shares at $1.18

ITX-T is a natural gas producer that has bottomed,

Time To Buy ITX-T $1.11

Peter Grandich Talks Gold

The Giants squeaked one out while the Jets didn’t even make it to Turkey Day before basically being put out of their misery. Forty years as a fan and if not for a tremendous blessing to become friends with the best player I believe ever worn the green and white, I would have to say being a Jets fan has taken years off my life. How many more years can a Jet fan endure the phrase, “Wait til’ next year?”

Gold is flying in Asia. Outside of a rather small group of professionals who have remained strong advocates through thick and thin (I would hope I’d be included in that camp with Jim Sinclair, Bill Murphy, GATA and a few others), this move has left both perma-bears, former bulls (who became weak-kneed below and at $1,000 an ounce) and much of the financial media in the “dust.”

My upside target of $1,200 now appears to be within sight before years-end (if it gets to $1,195 I won’t shed a tear).

Many ask why has this occurred? The better question is to ask why did so many miss it?

I’ve compared this move above $1,000 to the U.S. Stock Market breaking above 1,000 in the early 80s. For several decades, the stock market was capped around 1,000. Stocks became so out of favor that “Business Week” magazine wrote a famous front page heading entitled, “Stocks are Dead.” An unknown soothsayer at the time named Robert Prechter Jr. predicted 3,000 on the DJIA. Most thought that was crazy. Well, we all know what happened.

I’m not saying gold is going to $14,000 like the DJIA did, but I do believe there are some commonalities. For starters, the DJIA traded between 700 and 1,000 for quite awhile and when it finally broke out, it ran sharply while most kept saying it had to come back just as sharp. Such has been the case after gold traded between $700 and $1,000. I and some others argued that this set gold up for a run to $1,200-$1,300 when we got and stayed above $1,000. Most have missed it and keep calling (and hoping) it comes back to them.

Another similar factor is that in the early stage of the DJIA run, a few highly respected money guys turned very bullish on equities after years of bearishness and/or near total avoidance of equities. Recently, such well-known “financial” experts like Steve Einhorn, Paul Tudor Jones and John Paulson have become big gold buyers/believers.

And one more common ingredient, equities, went from lack of ownership by the public-at-large to the absolute favorite asset to own. While gold remains hated by the vast majority who sell and report on financial assets, as well as by some perma-bears who will become as unimportant as the Number One perma-bear of the late 1990s, Andy Smith, gold is/has become an asset class to many outside of North America.

There are also several other long-term bullish factors like the fact that Central Banks, who used to only know one way to go when it came to gold – sell, are now buyers. Mine supply continues to be limited and hedging, the once cut-your-nose-to-spite-your-face move by mining companies, is now a dead issue.

Is it too late to buy gold? It’s no longer cheap. But if the craze for equities proved anything for almost 25 years (interrupted by a few sharp corrections and bear markets), it’s that the boat needs to get pretty filled up before it finally sinks of its own weight. The fact that gold is still either hated, ignored or misunderstood by most, especially in the U.S., makes me believe the long-term end is nowhere in sight. Is a correction coming? Absolutely, but not before those perma-bears who have been wrong for seemingly as long as the Jets haven’t been to the Super Bowl, are put out of their misery. Forgive me if I don’t attend their funeral.

We’re about to enter one of the best seasonal periods for equities. This coming week tends to be up for U.S. stocks. I do believe between now and year-end may come the long-awaited time for me to dust off my bear suit. Stay tuned.

Remember, the U.S. Dollar Index needs to at least close above 76.50 before any thought of a dollar bear market rally can become legit. The very fact so many people in recent days are talking about a rally can either make it a self-fulfilling prophecy or actually set us up for another down leg. We live in very interesting times, no?

Source

Pescos Talks Stock

BANKERS PETROLEUM

(T-BNK)

WAVEFRONT TECHNOLOGIES (V-WEE)

AMAZON MINING

(V-AMZ)

VENTANA GOLD CORP

(T-VEN)

Our old favourites and the new ones

It might be a little early for a year end review, but

maybe considering the year we have all gone through, and

the bruises we had, why not?

For much of this year we have focused on a trip we

made to Albania back in February/March and saw first

hand the enormous assets and facilities of Bankers Petro-

leum.

In that enormous valley as far as the eye can see were the

old rigs and derricks of the days that the Russians and

Chinese ran at one time, assets that have been taken over

by Bankers and are introducing new western technology

and we should also point out are cleaning it up.

Abby Badwi, Doug Urch and their team comprise some

of the same team that were so successful at Rally Energy

in Egypt, and appear to be having the same success in

Albania.

Already a five or seven bagger from the depths of the

end of the world of eight or nine months ago, look for lots

of news in the coming weeks such as new production

numbers (well that shouldn't be much of a change) to new

budgets for next year (that should be a big change) and

new resource numbers in a few months .

Many expect that they are sitting on ultimately 6 to 9

billion barrels of heavy oil , but how much of it will be re-

coverable....and will we see a take-out offer in the next 12

months

Wavefront was another story we wrote up many times

and whether its’ revolutionary technology was as good as

expected. Jim Letourneau is a hydro-geologist and editor

of the Big Picture Speculator and had been close to the

company and a big believer of the potential. We wrote up

this story countless times while two mutual funds south of

the border had been big sellers of 15 million shares or so..

Now several companies have the equipment, but after

the stock has been a four bagger it now needs some size-

able contracts to justify its current sizeable market cap.

The easy money has been made.

Encana now has almost 18 months experience with

the new technology so an order of size is expected from

them, it would be the good House-keeping seal of ap-

proval...should it not appear over time, that would not be

good. The next 6 weeks or so are important.

With gold doing so well it's been interesting to see so

many gold stocks from biggie American Barrick to GBG

doing almost nothing!

Blame that on so many gold companies issuing so

many shares that many gold stocks have little leverage

left...

But thanks to Canaccord mining guy Nicholas Camp-

bell Ventana and Keegan have soared and bottom Fish-

ing guy John Kaiser had a great idea with Brett Re-

sources ( and he sure had some great ideas on rare

earths).

As we look forward it is time for new favourites.....

and also while there were huge hits with some resource

companies that survived the debacle of last year it will

probably be tougher to find the new winners, and re-

wards won't be what they were...or maybe they will.

In the oils, Sterling Resources is the top pick of Kevin

Shaw of Wellington West and he has certainly been one

of the top pickers of the past year. His published re-

search on Bankers was probably responsible for it tak-

ing flight and Painted Pony wasn't a bad idea either.

When asked if he could only buy one stock today what it

would be Shaw says Sterling, but there is a long list of

other analysts saying the same thing....after a time of

quiet, SLG now has a lot to do in the North Sea starting

shortly..

For another high reward (we hope ) play in the north

sea that no one has heard of yet, Excite energy will

hopefully do just that as they start drilling in Feb / March

on a large target already drilled 5 times but now looking

at commercial production and little Xel owns 100% of it,

at least so far.

How management raises some money, gets partners,

or sells it and hopefully attracts attention will be inter-

esting to follow because at this point very few know this

story...too bad.

With so many balls in the air, one money manager

suggests in the coming 6 months the story could be a

mere 50% return to a 500% return depending on man-

agement's ability to get things done.

That is a rather wide range , and we should point out

that there is always a chance for things to go terribly

wrong , but an adventure none the less.

Speaking of adventure, our recent trip to Brazil was an eye-opener .The country is booming and I now

know why there is the B in the BRIC countries. A big chunk of the boom in Brazil is due to agriculture,

35% of their economy and they are out to feed the world. As far as the eye can see are coffee plantations,

sugar cane, eucalyptus trees, oranges you name it. And they have the perfect climate for farm-

ing...constant weather and good rains mean that a farmer in brazil might get 2 and a half crops a year

while many in North America will be lucky to get one decent one.

What they lack in Brazil is fertilizer...93% of it has to be imported and because of the constant leeching

of the soils by the rains lots of fertilizer is needed.

If Amazon resources and its’ huge verdete deposit has the answer , this may be the adventure of the

There are plenty of hoops to jump through on this process, including drilling to size resources, to

see if the thermo potash process actually works, and finally real trials on real fields mean for a very inter-

esting year ahead. This was John Kaisers idea originally , and he had some very lofty potential goals for

the stock should it pass all the tests...very lofty. A high risk adventure for the gold bugs.