25 January 2016
Prepares for 2016 Drilling Programs at Redemption (NWT) and Pikoo (SK) Diamond Projects
North Arrow Minerals Inc. (TSXV-NAR) is pleased to announce it has entered into an agreement with Umgeni Holdings International Limited ("Umgeni") under which Umgeni has agreed to acquire a royalty interest in North Arrow's Redemption Diamond Project for $800,000. Umgeni is a private company of which Christopher Jennings, a director of North Arrow, is a beneficiary of the sole shareholder. The Redemption Diamond Project is located in the Lac de Gras region of the Northwest Territories, approximately 32 km southwest, and 47 km west of the Ekati and Diavik diamond mines, respectively.