North Arrow Confirms $3.7m Budget For 2014 Qilalugaq Project Bulk Sampling Program

28 January 2014

North Arrow Minerals Inc. (TSXV-NAR) (“North Arrow”) is pleased to announce that the board of directors of the Company have approved a 2014 exploration program and budget of $3.7M to complete a bulk sampling program at the Qilalugaq Diamond Project located near the hamlet of Repulse Bay, Nunavut. The purpose of the program is to recover a diamond parcel of approximately 500 carats for the purpose of determining an initial value estimate for the diamonds in the Q1-4 kimberlite. North Arrow is funding the bulk sampling program as part of an option agreement with Stornoway Diamond Corporation (TSX-SWY; “Stornoway”).