1. CANADIAN ARROW MINES LTD.
CRO.V
Canada’s Emerging Nickel-Copper Producer
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
Kenbridge
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", Timmins
"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 Turtlepond
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.
Corporate Review – June 2011

2. Net asset value in excess of $280M vs. market cap of
$13M
3 Key Nickel‐Copper Assets: 110M lbs of NI 43‐101 contained nickel
plus 52M lbs of contained copper:
1. Kenbridge nickel‐copper project: 98M lbs of Ni (indicated resource
NPV @ US$10/lb Ni net of Cu credits: $253M
3 years to production; US$3.55/lb C1 prod. cost
2. Alexo and Kelex nickel mines: 9.9M lbs of Ni (indicated resource)
contained nickel value at US$10/lb nickel: US$40M
9 months to production
3. 2% royalty in Hart nickel project, (Liberty Mines Inc. PEA, Feb 26, 2010):
Life of mine NSR revenue est’d @ $246M*1 NPV (@US$7/lb), or $440M
(@ US$10/lb)
Market Capitalization: Low cost; low risk;
Arrow Shares outstanding: 132,742,030 @ $0.09 near production
Market Capitalization: $13M (96% discount to NAV)
Current nickel LME price: US$11.50/lb
Arrow Market Cap/lb Ni: US$0.12/lb (99% discount to LME market)

3. Corporate Information (as of June 3, 2011)
TSX Venture symbol: CRO
Majority Shareholders:
Share price $0.085
• Pinetree Capital 10.0 %
Market capitalization $12.6 M
• Management 4.6 %
Shares outstanding 132.7 M
Warrants 16.1 M
Fully Diluted 148.8 M
52 week high/low $0.135‐ $0.025
Pre‐recession high of $0.73/share

4. Why invest in nickel? Two thirds of world nickel
production consumed in stainless steel.
• World stainless production
has increased by avg. 8% qtr
Stainless and Heat Resisting Crude Steel Production
over qtr in 2009-10.
35,000 • Record world production @
30,000 32mt in 2010
World
25,000 China
• China has led the way: 41%
(1000 tonnes)
Asia w/ China
20,000
Asia w/o China domestic production increase
15,000
The Americas over the period.
10,000 Central + Eastern Europe
5,000
W.Europe/Africa • 70 nickel producers shut
0 down in 2008, many
2004 2005 2006 2007 2008 2009 2010 permanent. Few new projects
Source: ISSF International Stainless Steel in pipeline
Forum
• Conventional Ni sulphide
deposits are low risk, low
*1% Nickel ~ 0.18 opt or 6 gpt gold equivalent capital, low op’g cost
compared to laterites, pig
nickel

5. Corporate Objectives:
Re‐start Kelex production:
Kelex metallurgical work ( Xstrata Process
Services, Sudbury)
Closure plan amendment (Approved)
Finalize custom milling/concentrate off‐take
terms with Xstrata integrating met test work
recoveries
Financing
Secure contractors
Resume production
Use cash flow from Kelex plus Hart NSR to
finance Kenbridge feasibility ($3M) and
construction ($108M)

6. Production Timelines
2011 2012 2013
Timmins Production
Kenbridge:
Permitting
Feasibility
Road work
Production
Construction
Hart NSR
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

7. Timmins Projects Economics: 9.9 M lbs of contained
nickel in 6 zones
Kelex
• Total NI 43‐101Resource: Kidd Met
Site
• 9.9M lbs of contained
nickel Redstone
Mill
• 473,000 tonnes @
0.96% nickel indicated
• 66,000 tonnes @
0.82% nickel inferred
• Permits remain in place
• Direct ore shipping
options

8. Recent 2011 Drill Success:
2,800 metres over 17 holes @ $285,000 total cost
95% increase in resource estimate:
250,000 tonnes increased to 473,000 tonnes @ 0.96%
Ni
81 tonnes of indicated resource per metre drilled vs. 9
tonnes/metre historically
Increase of 4M lbs of contained nickel
$40M of contained nickel value @ $10/lb at a cost of
$0.285M or $0.07/lb!
Excellent upside for future drilling programs

9. 2011 Drilling Results: New Massive Sulphide Lens
Discovery
2.13% Ni/4.9m
HUX‐04: 1.81% Ni/1.3m Indicated
resource blocks
30
0m
un
New 2011 massive
dr
ille
sulphide lens discovery:
d
ALX‐01‐96: 2.51% Ni/0.77m
•5.84% Ni/0.6m
gvp •5.01% Ni/1.0m

10. Short Range Plans: 9 months to 1 year
Kelex Phase 1 Pit: 20,000 tonnes @ 2% Ni (0.9M lbs of contained Ni)
Metallurgical test work – to determine mill recoveries for custom milling
Conclude custom milling and concentrate off‐take agreements
Amended Closure Plan – submitted and awaiting MNDMF response
Exemption to Refine Domestically – received May 13, 2011
Pit dewatering – 9 months under current permits. Permit upgrade for more
rapid dewatering submitted and awaiting approval
Secure mining contracts
Re‐start Production: 2‐3 months duration
Kelex‐Alexo Phase 2 Pit Expansion: 220,000 tonnes @ 0.78% Ni (diluted)
3.7M lbs of contained Ni
Updated mine plan, Closure Plan
Kelex‐Alexo Phase 3 Underground: 360,000 tonnes @ 0.87% Ni (diluted)
6.8M lbs of contained Ni
Updated mine plan, Closure Plan

11. Hart Project: Liberty Mines Inc.
PEA completed March 2010:
1.7Mt @ 1.26% Ni 0.10% Cu potentially
mineable, 47.8m lbs contained Ni
Underground, ramp access, 4.5 yr LOM @
1,500 tpd
Net smelter revenue to Arrow:
$246M net NSR revenue:
2% NSR @ US$7/lb Ni = $3.5m
$435M net NSR revenue:
2% NSR @ US$10/lb Ni = $5.5m

12. 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
Kenbridge
• 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
• Approximately $100M expended historically
• $11M additionally expended in 2007‐2010 by Arrow
Significantly de-risked

13. Kenbridge – Resources @ US$10/lb
Aug. 2008 NI 43‐101
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
• 98 M lbs of contained nickel
• 52 M lbs of contained copper 7.2% Ni
• Deposit is open at depth in all directions /5.5m
• High grades at depth, including
• 7.2% Ni over 5.5m (1.5 opt Au equiv) OP
• 4.3% Ni over 3.0m EN
OP
• PEA economics: EN
•US$10.00/lb Ni, $2.50/lb Cu, US$0.90 exch.
•LOM C1 cash cost/lb Ni net of Cu: US$3.55/lb
•pre‐tax NPV7.5%: $253 M, ($144M@ US$8/lb)
•pre‐tax IRR: 65% OPEN
4.3% Ni/3.0m

14. Kenbridge Site
Camp
Proposed
pit
Existing
2000’
Massive
Shaft
Sulphides
exposed
at surface

15. Lynn Lake, Manitoba Geological Model:
Comparable to Kenbridge Ni District ‐ Multiple Deposits,
mostly sub‐surface
Kenbridge, (superimposed)
Lynn Lake, Manitoba (Sherritt Gordon Mines) North America’s 3rd largest
nickel camp (1953-1976):
(Source: Victory Nickel • 22 Mt @ 1% Ni, 0.5% Cu from 12 deposits; 8 of which were sub-surface
Corp.)

16. Regional Exploration: an underexplored Ni‐Cu‐PGM belt
Kenbridge North
Turtlepond/Denmark projects:
• 9 separate Ni/Cu occurrences
including three new discoveries
within 70 km of Kenbridge
Kenbridge
15km strike of favourable structural
corridor
Several untested magnetic and EM
anomalies for field follow‐up.
Caribou Lodge
Discovery;
4.5% Ni/0.7m

17. Turtlepond Lake ‐ EM targets & recent drill results
Night Danger (new discovery 2010):
ND-09-01: 0.60% Ni, 0.42% Cu/2m
Night Danger
ND-09-02: 0.57% Ni, 0.44% Cu/9m
ND-10-03: 1.02% Ni, 0.38% Cu/4m
(Incl. 4.53% Ni, 0.08% Cu/0.7m)
Emmons
EM-09-07: 0.44% Ni, 0.44% Cu, 0.25 gpt PGE+Au/ 11.5m
Double E (new Discovery 2010)
EE-09-01: 1.35% Ni, 0.81% Cu, 0.94 gpt PGE+Au/2.0m
EE-09-01: 0.55% Ni, 0.38% Cu, 0.28 gpt PGE+Au/4.8m
EE-10-04: 0.52% Ni, 0.28% Cu, 0.29 gpt PGE+Au/1.9m
EE-10-04: 0.51% Ni, 0.23% Cu, 0.21 gpt PGE+Au/1.9m

18. Canadian Arrow Mines Summary:
Robust nickel/stainless steel market outlook over coming decade
Two low‐risk, near‐term production projects plus NSR revenue exceeding
$280M in net asset value
Market capitalization of $13M, (96% discount to NAV)
Opportunity to re‐start production, generate revenue with minimal capital
outlay and requirement to finance in coming months
Excellent exploration opportunities and land positions in both project
areas
NI 43‐101 indicated nickel inventory market valuation of US$0.12/lb vs.
LME avg market price of $US11.50/lb Ni: 96% discount to LME nickel price