NAR North Arrow Minerals Inc

North Arrow Minerals Inc. (TSX VENTURE:NAR) and Arctic Star Exploration Corp.
(TSX VENTURE:ADD) are pleased to announce the start of an exploration drilling
program at the Redemption Diamond Project in the Northwest Territories. The
property is located in the Lac de Gras region, approximately 32 km southwest of,
and 47 km west of the Ekati and Diavik Diamond Mines, respectively. 


Mobilization is underway for the approximately 1,000 m drilling program, which
is intended to test six to eight priority drill targets located in the central
part of the property. The targets have been identified based on results of a
detailed data compilation and new airborne and ground geophysical surveys. The
drill targets include various combinations of gravity, magnetic and
electromagnetic geophysical responses that have been further prioritized based
on their location with respect to the termination of the South Coppermine
kimberlite indicator mineral train, which represents one of the last well
defined and unsourced KIM trains in the Lac de Gras region. The discovery of
even a single kimberlite from any of these top priority targets would upgrade a
number of the remaining prospective targets within the Redemption property. The
drill program is expected to run through to the middle of August. A follow up
winter/spring 2015 drilling program will be required to test ice based targets.


North Arrow is exploring the Redemption property under an option agreement with
Arctic Star, under which the Company can earn a 55% interest by incurring $5
million in exploration expenditures prior to July 1, 2017. North Arrow's diamond
exploration programs are conducted under the direction of Kenneth Armstrong,
P.Geo., President and CEO of North Arrow and a Qualified Person under NI 43-101.
Mr. Armstrong has reviewed the contents of this press release.


About North Arrow Minerals

North Arrow is a Canadian based exploration company focused on the
identification and evaluation of diamond exploration opportunities in Canada.
North Arrow's management, board of directors and advisors have significant
successful experience in the Canadian diamond industry. In addition to the
Redemption Project, North Arrow is presently conducting a bulk sampling program
of the Q1-4 kimberlite at its Qilalugaq (NU) Project and is also evaluating each
of the Pikoo (SK), Lac de Gras (NWT), Mel (NU), Luxx (NU) and Timiskaming
(ON/QC) Diamond Projects.


North Arrow Minerals Inc.  

Kenneth Armstrong, President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts
responsibility for the adequacy or accuracy of this release.


This news release contains "forward-looking statements" including but not
limited to statements with respect to North Arrow's plans, the estimation of a
mineral resource and the success of exploration activities. Forward-looking
statements, while based on management's best estimates and assumptions, are
subject to risks and uncertainties that may cause actual results to be
materially different from those expressed or implied by such forward-looking
statements, including but not limited to: risks related to the successful
integration of acquisitions; risks related to general economic and market
conditions; closing of financing; the timing and content of upcoming work
programs; actual results of proposed exploration activities; possible variations
in mineral resources or grade; failure of plant, equipment or processes to
operate as anticipated; accidents, labour disputes, title disputes, claims and
limitations on insurance coverage and other risks of the mining industry;
changes in national and local government regulation of mining operations, tax
rules and regulations. Although North Arrow has attempted to identify important
factors that could cause actual results to differ materially from those
contained in forward-looking statements, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can be no
assurance that such 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. North Arrow undertakes no obligation or responsibility to update
forward-looking statements, except as required by law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
North Arrow Minerals Inc.
Ken Armstrong
604-668-8355 or 604-668-8354
604-336-4813 (FAX)
www.northarrowminerals.com

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