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Kimberlite Indicator Mineral Sampling Completed on Canadian International Minerals Inc.'s Pikoo Extension A and B Properties by North Arrow Minerals Inc.

Friday, 31 October 2014 09:13 AM

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Vancouver, British Columbia / ACCESSWIRE / October 31, 2014 / Canadian International Minerals Inc. ("CIN" or the "Company") (TSX-V: CIN) is pleased to announce that North Arrow Minerals Inc. ("North Arrow") (TSX-V: NAR) has completed 11 till samples on the Pikoo Extension A and B properties (the "Properties").

The samples have been submitted to Microlithics Laboratories Inc. of Thunder Bay, Ontario for kimberlite indicator mineral (KIM) processing. Details on the processing method can be found at www.microlithics.com/kim-laboratory/

North Arrow has conducted this initial evaluation of the Properties as part of its Fall 2014 till sampling program at its Pikoo diamond project. Results are expected in late 2014.

North Arrow may earn a 70% interest in the Properties by discovering kimberlite through drilling and by testing any discovered kimberlite for diamonds by way of caustic fusion analysis (for more information, refer to CIN news release dated September 23, 2014).

The Properties

The Pikoo Extension A and B properties are comprised of 5 claims totalling 3,447 hectares. The A group directly adjoins North Arrow's Pikoo property, and the B group lies approximately 7 km northeast of North Arrow's northern boundary. A map of the properties can be found on the Company's website at www.cin- v.com/#!saskatchewandiamonds/ c159e

About Canadian International Minerals

In addition to the Pikoo Extension Properties, CIN has acquired over 110,000 hectares of claims in the vicinity of the Pikoo diamond discovery, the majority of which cover a major regional fault structure (Tabbernor Fault). These claims were staked after reanalysis of historical airborne magnetic and EM data.

On behalf of the Board of Directors,

"Michael E. Schuss"

Michael E. Schuss

President and Chief Executive Officer

The technical data in this news release has been reviewed by Thomas Hasek, P. Eng., a Qualified Person under the terms of N.I. 43-101. The transaction is subject to the acceptance of the TSX Venture Exchange.

For further information on Canadian International Minerals Inc. please visit the company website at www.cin-v.com or contact Michael E. Schuss at 604-241-2254.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS: Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.

There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Canadian International Minerals Inc. undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements

 

SOURCE: Canadian International Minerals Inc.  

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