2010b

CANADIAN ARROW MINES LTD.CRO.V

Corporate Review – October 1, 2010

This presentation may contain "forward-looking statements" within the meaning of 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 presentation and the Company does not intend, and does not assume any obligation, to update these forward-looking statements.

Forward-looking statements relate to future events or the anticipated performance of the Company and reflect management’s expectations or beliefs regarding such future events and anticipated performance. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved", or the negative of these words or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual performance of the Company to be materially different from any anticipated performance expressed or implied by the forward-looking statements. Such factors include various risks related to the Company’s operations, which are detailed from time to time in the Company’s interim and annual financial statements and management’s discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www. sedar.com. Although the Company has attempted to identify important factors that could cause actual performance to differ materially from that described in forward-looking statements, there may be other factors that cause its performance not to be as anticipated. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

TimminsKenbridge

Turtlepond

Canada’s Emerging Nickel-Copper Producer

Asset Valuation vs. Market Cap

3 Key Nickel‐Copper Assets: 104M lbs of NI 43‐101 contained nickel:

1. Kenbridge nickel‐copper project: 98M lbs of Ni @ US$3.55/lb C1 prod. costNPV@ US$10/lb Ni net of Cu credits:  $253M

2. Alexo and Kelex nickel mines: 6M lbs of Ni @ US$2.76/lb C1 prod. costNAV @ US$10/lb Ni net of Cu, Co credits: $25M

3. Arrow retains 2% NSR in Hart nickel project starting Q4 2011, (Liberty Mines Inc.*):Life of mine net NSR revenue est’d @ $246M1 NPV (@US$7/lb)Arrow retains a 2% NSR (@ US$10/lb): $9M

Total Net Asset Value:  $287M

Market Capitalization:Arrow Shares outstanding:  117.5M @ $0.06Market Capitalization: $7M (98% discount to NAV!)Market Cap/lb Ni:  US$0.06/lbCurrent  nickel LME price:  US$10.47/lb (99.4% discount to market!)

*(1Liberty Mines Inc. PEA, Feb 26, 2010)

TSX Venture   CRO.VShare price  $0.06Market capitalization $7 MShares outstanding      117.5 MWarrants 7.37 MFully Diluted        130 M52 week high/low                  $0.04 ‐ $0.12

Majority Shareholders:• Pinetree Capital                  8.1 %• Management  7.8 %

Corporate Information (as of September 27, 2010)

Dean MacEachern, CEO: President & CEO of Blackstone Ventures. Former Exploration Manager for Falconbridge Ltd in Canada and Africa..

Kim Tyler, President:  Former Mine Manager for Rio Tinto Minerals, Chief Mine Geologist, Vale Inco, Sudbury, and Chief Mine Geologist, Royal Oak Mines.

Garett Macdonald, VP Operations: VP Operations, Rainy River Resources Former Project Manager for Suncor Energy and Placer Dome Inc..

Todd Keast, VP Exploration:  Former Exploration Manager, Canadian Royalties, Ungava Region, NE Quebec

George Pirie, Director: Former President and CEO, Breakwater Resources Ltd 

Andy Mollison, Technical Advisor: Former Manager Concentrate Sales Xstrata Nickel

Production Oriented Management

Developing 2 advanced, low risk nickel‐copper projects:

Kenbridge Project98 M lbs nickel resource (NI 43‐101) in M&I Existing 2,000’ shaft & two developed levelsCompleted Preliminary Economic Assessment$253M NPV, $421M total cash flow over 8 year mine life3 years to production

Timmins Alexo and Kelex Mines5.8 M lb nickel resource (NI 43‐101) in Indicated classDirect ore shipping optionsPast producers in east Abitibi nickel mining district: 87,000 tonnes @ 3.06% Ni historic productionPermitted.  Under review for rapid re‐start$25M in quick cash flow over 3‐6 months6 months to production

Focused on Nickel Sulphide Deposits in Ontario, Canada

NI 43‐101 Meas. & Ind. Resources: 104 M lbs Nickel

Projected Corporate Annual Cash Flow

Projected $454M net positive cash flow over 10 years

Near term production plan:

• Re‐start Alexo/Kelex Mines; 

• access early cash‐flow at high metal prices within 6 months

• generate $25M in cash flow

• Liberty Mines Hart Project NSR to generate additional $5‐9M in cash flow starting Q4 2011

• Use cash flow to develop and construct Kenbridge

• Generate additional $421M in cash flow over 8 yearsKenbridge $108M 

pre‐production capital less $30M from Hart/Timmins

Annual Projected Cashflow

-$200,000,000

-$100,000,000

$0

$100,000,000

$200,000,000

$300,000,000

$400,000,000

$500,000,000

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Cumulative CF Timmins Hart NSR Kenbridge

Timmins Projects: Alexo and Kelex

Kidd Met Site

KelexAlexo: Past producer (Pre‐2005)

Historic: 87,000t @ 3.06% Ni, (5.8M lbs)

2005 ‐ Nickel price falls below US$5/lb:

Mining operations temporarily suspended  

• Projects currently under review to re‐start now that nickel at US$10/lb

• Permits remain in place

• Custom milling facilities now nearby

• Direct ore shipping options

• Opportunity for rapid re‐start, low capital outlay and quick pay‐back 

Liberty Mines Mill

Timmins Projects Economics: 5.8 M lbs of contained nickel in 6 zones

• Open Pit pre‐production capital: $300k

• Production rate: 1,500‐3,000 tpd

• Total NI 43‐101Resource:• 272,500 tonnes @ 0.96% nickel indicated• 54,000 tonnes @ 0.84% nickel inferred

• C1 operating cost, net of byproducts: US$2.76/lb

• C1+ Capital cost: US$3.65/lb

• Mine operating cost/tonne:• Open Pit:    $35/tonne• Underground:    $85/tonne

• Life of Project: 3‐6 months

• Net Cash Flow @ US$10/lb Ni: $25MNSR Blocks:

•$0.01‐$50   Blue

•$50‐$100   Cyan

•$100‐$200 Green

•>$200       Red

Alexo

Kelex

NI 43‐101Resource Estimate 3D Block 

Models

Kenbridge Nickel‐Copper Project

• NI 43‐101resource of 98M lbs nickel, 52M lbs copper, contained• Arrow completed PEA: stand alone open pit + UG, 

mill/concentrator facility• LOM C1 cash cost/lb Ni net of Cu:  US$3.55/lb• Road access within 100 km of either CN or CP railheads; 

1,500 km by rail to Sudbury• Start‐up capital: $108M

• Former Falconbridge project, 60 man camp (1952‐58)• 623m x 3 compartment shaft, (4th compartment at bottom 2 

levels)• two levels developed, bulk sampled• metallurgical work completed (high Ni recoveries, low MgO)• Base metals price crash in 1958 ‐ never mined

Kenbridge

Mine area & class Tonnes % Ni % Cu

Open Pit (M&I) 4.46 Mt 0.42 0.23

Underground (M&I) 2.67 Mt 0.96 0.50

Underground (Inf.) 0.1 Mt 1.38 0.88

Kenbridge – Resources @ US$10/lb

Aug. 2008 NI 43‐101

• @US$10.00/lb Ni, US$2.50/lb Cu• 98 M lbs of contained nickel• 52 M lbs of contained copper

• Deposit is open at depth in all directions

• High grades at depth, including • 7.2% Ni over 5.5m (KB‐07‐180)• 4.3% Ni / 3.0m (2011)

4.3% Ni/3.0m

7.2% Ni/5.5m

OPEN

OPEN

OPEN

Corporate Timeline to Production

2010 2011 2012 2013

Kenbridge:

Road workPermitting 

Construction

* Timmins projects offer opportunity to finance Kenbridge through feasibility and into production with the Company’s own cash flow and minimal requirement for equity financing

Timmins Production 

Feasibility

Exploration Potential:

• Timmins Projects untested at depth and along strike•Geophysical targets untested 

• Kenbridge deposit is open in all directions; regional geophysics targets remain untested

• Turtlepond/Denmark projects: 9 separate Ni/Cu occurrences including three new discoveries within 70 km of Kenbridge

What to Look For

Complete Timmins evaluation ‐ DONE

Secure capital to recommence Timmins production – To Close Oct. 15, 2010

Commence production at Timmins

Complete feasibility study and permitting on Kenbridge

Expand Ni‐Cu resources at Kenbridge and Timmins; test regional targets

Commence production at Kenbridge

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