North Arrow Reports Initial Diamond Recoveries from First 609 Tonnes of the Qilalugaq Bulk Sample

26 February 2015

Two +4 Carat Yellow Diamonds Recovered

February 26, 2015

North Arrow Minerals Inc. (TSXV-NAR) is pleased to provide an update on the ongoing processing of the Qilalugaq Diamond Project bulk sample. The approximately 1,500 tonne sample (field weight) was collected in July and August 2014 from the Q1-4 kimberlite located just nine kilometres from the Hamlet of Repulse Bay (Naujaat), Nunavut. The sample is being processed for the recovery of commercial sized (+0.85 mm) diamonds and the resulting diamond parcel will be used to provide an indication of Q1-4’s overall diamond value as well as the sample’s diamond content, size distribution and to establish whether or not a population of yellow diamonds seen in earlier-stage sampling persists into the larger diamond sizes.