9 June 2015
North Arrow Minerals Inc. (TSXV-NAR) is reporting the results of a valuation exercise completed on a diamond parcel recovered from the Qilalugaq Diamond Project bulk sample. The parcel of 383.55 carats of diamonds greater than +1DTC (~1 mm) was valued at $13,795 or $36 per carat and a modelled range of possible values was also produced with a "possible low" model price of $43 per carat and a "possible high" model price of $92 per carat. The diamond valuation exercise was conducted by WWW International Diamond Consultants ("WWW"), an international diamond consultancy that specializes in the valuation and modeling of diamond parcels of this type. The valuation and modeling exercises were based on WWW's proprietary price book as at May 15, 2015 and are priced in US dollars.