TSX-V: NAR

A Rare Opportunity in

Canadian Diamond

Exploration

June 2013

This presentation contains projections and forward looking information that involve various risks and uncertainties, including, without limitation, statements regarding the potential extent of mineralization and reserves, exploration results and plans and objectives of North Arrow Minerals Inc. These risks and uncertainties include, but are not restricted to, the amount of geological data available, the uncertain reliability of drilling results and geophysical and geological data and the interpretation thereof and the need for adequate financing for future exploration and development efforts. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward looking statements should circumstances or management's estimates or opinions change.

Cautionary Statement

Corporate Overview

Capitalization (June 2013)

Listing: TSX Venture -

NAR

Issued: 28.4 M Apr/13 20M

shares issued at $0.15

Options: 2.4 MIncl. 2.2M at $0.27

Warrants: 0.5 M $0.25

Fully diluted: 31.3 M

Main Shareholders (June 2013)

Management/Directors ~22.3%

Zebra Holdings & Investments ~19.9%controlled by a trust settled by the late Adolf H. Lundin

Corporate Highlights:

Corporate Overview

D. Grenville Thomas (Chairman) History of success in exploration with multiple junior mining companies. Founder and past Chairman of Aber Resources, discoverer of the Diavik Diamond Mine (now Dominion Diamond Corporation). 2009 Canadian Mining Hall of Fame inductee

Ken Armstrong (President & CEO) President and CEO of Strongbow Exploration Inc. Past diamond exploration experience with Diavik Diamond Mines Inc., Aber Resources, DeBeers, Navigator Exploration, and Stornoway Diamond Corporation

Blair Murdoch (Director) More than thirty years experience in senior management of private and public companies

Christopher Jennings (Director) Extensive experience in diamond, gold and base metal exploration and development throughout the world. Dr. Jennings was a Founder of SouthernEra Diamonds Inc., served as a consultant to Aber Resources and has held positions with numerous companies including International Corona Corp., BP Minerals (Canada) and Falconbridge Ltd

Eira M. Thomas (Advisor) Extensive diamond exploration and development experience in Canada and Africa. Has served as an officer and/or director of Aber Resources and Stornoway Diamond Corporation. Currently CEO of Kaminak Gold Corporation and a director of Suncor and Lucara Diamond Corp

Management Highlights:

The Opportunity

The creation of a Canadian based, diamond exploration company to test advanced, drill ready targets developed over 5+ years of exploration at a cost in excess of $40 million dollars

Experienced team, responsible for the discovery of over 200 kimberlites in Canada, including Diavik

Very little competition for diamond exploration in Canada or globally.

Diamond market fundamentals are robust

Canada remains underexplored as well as being a jurisdiction with low political risk

Concept

Reorganize North Arrow share structure (Feb/13) – currently 28.4 million shares outstanding

Assemble priority targets/properties through staking and acquisition (Acquired options on Pikoo, Timiskaming and Qilalugaq properties)

Complete private placement financing ($3M raised April 2013)

Drill program planned for Spring/Summer 2013 (Pikoo drilling June 2013; initial Timiskaming drilling completed spring 2013)

Continued identification and acquisition of quality diamond prospects (acquisitions pending)

Diamond Exploration Assets

Kimberlites for mini-bulk sampling (Qilalugaq)

Drill ready kimberlite targets (Pikoo, Timiskaming)

Lac de Gras diamond project under option to Dominion Diamond Corporation

Unsourced indicator mineral trains in new areas (acquisitions underway)

Unexplained geophysical targets

Targets from historical review

Extensive regional databases

Discussions underway to acquire drill ready targets from third parties

Principal Diamond ProjectsVictoriaIsland

Lac de Gras (NT)• >300,000 acres• Near Diavik & Ekati mines• 1st $5M funded by Dominion Diamonds• $1.3M 2013 program in progress

Doris

Pikoo (SK)• Excellent KIM chemistry• Drill ready – June 2013• Potential new kimberlite field• Under option from Stornoway

Qilalugaq (NU)• Large tonnage resource• Potential for high value stones• Bulk sample required• Under option from Stornoway

Timiskaming (ON/QC)• Six kimberlites• Additional targets• Drilling spring 2013• 80/20 JV with Stornoway

Pikoo Project – east central SK

Under option from Stornoway Can earn 80% by completing 2,000 m drill program SWY retains back-in right (20% to 40%) Located b/w La Ronge SK & Flin Flon, MB Highway and power line 30 km away Local roads within 10 km of property Regional till sampling started in 2006 -

multiple mineral trains on 33,000ha property with G9 + G10 garnets

Kimberlite discovered in first drill hole of the ongoing 2013 drilling program Represents a new kimberlite locality over 200km from the nearest kimberlite field (FALC)

Pikoo Project - SK

2 distinct target areas

10 km10 km

Kimberlite bouldersfound in 2012

North Pikoo

South Pikoo

Excellent Chemistry

Slave Pikoo

North Pikoo Till Sampling

2006 – 2011 samples 2012 samples kimberlite float

Ice Direction

Ice Direction

2006 – 2012 barren samples 2012 samples

• 2 separate NE-SW trending trains with good pyrope chemistry suggestive of at least 2 point sources with high diamond potential

• Kimberlite float recovered from western train

• Coincident but weak mag and EM targets

• Drilling in 2013 to focus at head of trains

North Pikoo Till Sampling

Very thin till veneer covering typical Canadian shield environment

South Pikoo KIMs suggest different source from North Pikoo

Barren zone of more than 10 km separates the two trains

Several priority geophysical and/or topographic targets associated with high indicator mineral counts selected for drill testing beginning in June 2013

Ice Direction

South Pikoo Till Sampling

Located within the Lac de Gras kimberlite field, on trend from the Ekati and Diavik diamond mines

Option Agreement with Dominion Diamond Corp (formerly Harry Winston; 40% owner of Diavik; 80% owner of Ekati)

Creation of a JV property covering ~307,000 acres (>1,200 km2)

Dominion to spend $5M over 5 years to explore the JV property

Vesting will create a JV with DDC (55%) and North Arrow (45%)

Numerous untested airborne geophysical targets with kimberlite type signatures

$1.3M overburden drilling program underway since March 2013

Lac de Gras Diamond Project

10 km

$$$$$$$$

$$$$$$$$

Kimberlite

Trend Lines

Winter Road

LDG Property

Diamond Mine$$$$$$$$

Ekati

Diavik

Can earn 80% from Stornoway by completing mini-bulk sample

SWY retains one time back-in right to 40% by paying 3X exploration costs

Primary target is the Q1-4 Kimberlite

Q1-4 Kimberlite (Repulse Bay, NU)

• 7km from tidewater; 9km from town• Largest diamondiferous kimberlite in

eastern Arctic (12.5ha)• May 2013 inferred resource estimate

of 26.4 million carats• Modeled to 305m; open at depth• Yellow diamonds could

significantly impact value• Needs large tonnage mini-bulk

sample• Estimate $3 to $3.5 million to

collect/value 500 carats

Oblique view

Qilalugaq Project - NU

Qilalugaq

Repulse Bay

Q1-4 Kimberlite

May 2013 resource estimate1

• Inferred Resource = 48.8 Mt, 26.1 Mcts, total diamond content2 53.6 cpht• TFFE3 = 14.1 to 16.6 Mt, 7.9 to 9.3 Mcts, total diamond content2 56.1 cpht• Size/grade compares favourably to other current

advanced/development projects 1Mineral resources are not mineral reserves and do not have demonstrated economic viability 2Defined as 100% recovery of +1 to +23 DTC diamonds 3Target for further exploration - The potential quantity and grade of the TFFE referred to above is conceptual in nature and it is uncertain whether further exploration will result in the target being delineated as a mineral resource

• 12.5 ha surface area

Qilalugaq Project - Resource

Jericho Victor Karowe Ghaghoo Qilalugaq Bunder Renard Gahcho Kue Ekati Grib Diavik0

20

40

60

80

100

120

140

160

Mill

ions

of

cara

ts

No Longer Producing

Resource Comparison of Diamond Mines at Startup and Current Projects with Resources (includes measured, indicated and inferred)

Producing Mine Projects with Resources

*Ekati millions of carats numbers are based on the initial reserve. Information on the initial resource was not available.

Q1-4’s 26.1 million carat resource

Qilalugaq – Resource Comparison

Ghaghoo Karowe Victor Qilalugaq Renard Bunder Jericho Grib Ekati Gahcho Kue Diavik0

0.5

1

1.5

2

2.5

3

3.5

4

Car

ats

per

tonn

e

No Longer Producing

Grade Comparison of Producing Diamond Mines at Startup and Current Projects in Development or Under Assessment

Producing Mine Projects with Resources

Q1-4 grade: 0.54 carats per tonne

Qilalugaq – Resource Comparison

Qilalugaq Project - Diamonds

Most important unknown for Qilalugaq is diamond value

Q1-4 diamond parcel includes a population of yellow diamonds

Described as ‘fully saturated’ yellow stones

Need a larger diamond parcel (+500cts) for valuation and to determine if yellows extend into larger stone sizes

Presence of yellow diamonds could have a significant positive impact on diamond valuations for Q1-4

Qilalugaq Project

The Ellendale Mine – Australia

Kimberley Diamonds (the producer) has an off-take agreement with Laurelton Diamonds (Tiffany’s) to sell the yellow stones so information is public

Produces ~50% of the world’s yellow fancies

Yellow fancies make up ~80% of Ellendale’s revenue

Yellows comprise ~9-16% of total run of mine production (Q1 2013 – 13%)

Q1 2013 US$/carat for yellows sold to Tiffany: $5,486

Q1 2013 US$/carat for all diamonds sold: $880

Recovered grades achieved at Ellendale are quite low at 4.12 carats per hundred tonnes (as of April 2013)

Approximately 4 million carats remain in the indicated and inferred resources

A look at the biggest single producer of yellow

diamonds in the world

wt.% Value% wt.% Value%Case1 AP$/ct Case 2 AP$/Ct

$350 $560

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

95%

38%

90%

22%

5%

62%

10%

78%

Qilalugaq Project – Yellow Diamonds

Case Study: Potential Impact of Fancy Yellows on Average Diamond Price

% o

f Run

of M

ine

Dia

mon

d P

opul

atio

n

Yellow Goods Commercial Goods

Each case assumes a world average price of commercial goods (~US$139/carat based on rough import average price into Antwerp in 2012) and an average price for yellow diamonds of $4350/ct (price achieved for yellows from Ellendale in Q1 2012)

WAY FORWARD: ~1,000 to 1,500 tonne mini-bulk sample from surface pits planned for summer 2014 in a 6 week program (land use permit pending)

COST: $3.4 million

GOAL: to recover a +500 carat diamond parcel to determine grade, size distribution and the potential for fancy yellows in commercial sizes. Also, to get a preliminary sense of yellow’s impact on the overall diamond value

A28

Qilalugaq Project - NU

Q1-4 yellow stone continuum

Joint venture with Stornoway Vested 80% interest by drill testing 4 targets in May 2013 SWY back-in right currently pending (from 20% to 40%) Agreement includes 6 known kimberlites 2013 drilling failed to hit kimberlite; KIM train remains unexplained Expanded geophysical coverage has identified new targets at head

of indicator mineral trains Road access means

inexpensive exploration

Timiskaming Project - ON

Unsourced Indicator Mineral Trains

Years of public and proprietary till, glaciofluvial and fluvial sampling data are available throughout Canada

Target below located in a promising but glacially challenged area

Pyrope bearing mineral train cut off in up-ice direction Priority lowered due to other projects/commitments Restricted ~1km2 area of interest No detailed geophysics and no

prospecting Target acquisition underway Similar targets being evaluated

Ice

Direction

10 km

Way Forward – 2013

Project Location Commodity Interest CommentLac de Gras NWT Diamonds 45% Under option to Dominion

$1.3M exploration programPikoo Saskatchewan Diamonds 80% (60%) Summer Geophysics/drillingTimiskaming Ontario Diamonds 80% (60%) Spring drillingQilalugaq Nunavut Diamonds 80% (60%) Bulk sample program planningContwoyto Nunavut Gold 100% (40%) Under option to Elgin Hope Bay Nunavut Gold 100% (40%) Under option to SennenAnialik Nunavut Gold, base metals 100% Seeking JV partnerBamako Nunavut Gold 100% Seeking JV partnerHay Duck NWT Nickel, Gold 100% Seeking JV partnerPhoenix/Torp NWT/Nunavut Lithium 100% Seeking JV partner

Focus on evaluating current diamond properties and acquiring new compelling diamond opportunities.

Three projects under option with exploration funded by third parties: overburden drilling underway at Lac de Gras (Dominion); exploration programs pending at Contwoyto (Elgin) and Hope Bay (Sennen).

Pursuing additional partners for remaining non-core properties.

Gren Thomas Ken ArmstrongChairmanPresident & CEO

Corporate OfficeExploration Office860 - 625 Howe Street 1103-475 Howe StreetVancouver, BCVancouver, BCCanada V6C 2T6Canada V6C 2B3

Tel: +1.604.668.8355 Tel:+1.604.668.8354Fax: +1.604.689.5041 Fax: +1.604.681.5528

info@northarrowminerals.com

TSXV: NAR www.northarrowminerals.com