Arrow Minerals Presents Exciting Iron Ore Opportunity in Guinea

• Arrow Minerals is focused on the Simandu North iron project located in Guinea, near major players like Rio and Simpha.
• The company recently secured a clear pathway to 100% ownership of the project, a significant step forward.
• Guinea offers a transparent mining environment with a clear mining code and infrastructure development is underway.
• Arrow Minerals is actively exploring the potential of high-grade iron ore in its permit area, with plans for future drilling and engagement with local communities.

Arrow Minerals managing director Hugh Bresser recently presented at the Africa Down Under conference, outlining an exciting iron ore opportunity in Guinea, West Africa. With major infrastructure development underway, Arrow is well-positioned with its Simandou North Project neighboring mining giants Rio Tinto and Winning Consortium.

Large Scale Infrastructure Development Underway

Guinea is home to the world’s largest undeveloped high-grade iron ore deposit, with over 5 billion tonnes of +65% Fe ore defined by Rio Tinto and Winning Consortium across Blocks 1-4 of the Simandou Range. However, Guinea lacks necessary infrastructure to export the ore.

To address this, Rio Tinto and Winning have formed a joint venture with the Guinean government to develop a transformative 650km railway and deep water port. Construction is well underway, with the railway utilizing the same corridor that passes through Arrow’s tenements. The infrastructure has guaranteed third party access and is slated for completion by end 2025.

Arrow’s Simandou North Tenure in Prime Location

Arrow holds a 469km2 tenement package covering the northern extension of the ore-bearing Simandou Range in Blocks 1 and 2. The area sits between deposits held by Rio Tinto and Winning Consortium but has seen very limited modern exploration.

Recent geological mapping and sampling by Arrow has defined multiple iron ore prospects bearing strong similarities to discoveries made further south. Surface rock chip samples over four target areas have returned up to 65.9% Fe, with an average grade of 61.5% Fe for the 50 best samples.

Arrow has also identified 10km of prospective host stratigraphy from recent geophysical surveys and scout drilling completed before the wet season. Assay results are still pending but field observations are encouraging.

Clear Pathway to Production

With exploration demonstrating significant potential, Arrow has secured 100% ownership of its permits after finalizing an earn-in joint venture with local partner B&A Minerals. This gives Arrow full control over exploration and a clear pathway to production.

Upcoming exploration will focus on target refinement and systematic resource drilling, with the goal of delivering a maiden resource by 2025 to align with infrastructure completion. Initial production could commence at 2-5Mtpa, expandable up to 10Mtpa with continued exploration success. Offtake and infrastructure access agreements will be pursued in tandem.

Strong Leadership to Deliver Outcomes

Arrow has assembled an accomplished board and management team with the ideal expertise to advance Simandou North:

• Chairman Thomas McKeith: Former CEO of Gold Fields Australia with global mining experience
• Managing Director Hugh Bresser: Geologist with 30+ years’ experience and extensive African expertise
• Director Ashwath Mehra: 30+ years operational experience including at BHP and WMC
• Director Alwyn Vorster: Former COO at Kumba Iron Ore with iron ore marketing and infrastructure expertise

The team has significant experience taking projects from exploration through to production, as well as operating successfully in Africa. Arrow also employs a Guinea-based workforce to ensure strong local ties.

Positive Macro Tailwinds

The iron ore market outlook remains strong, underpinned by rising steel demand required for global economic growth and decarbonization. High-grade ores like Simandou will be increasingly favored by steel mills for lower emissions.

Guinea’s stable mining code also provides certainty around ownership, taxes and royalties. The government will take a 15% free carry in the project.

Arrow Offers Substantial Leverage at Current Valuation

With a market capitalization of only ~A$25M, Arrow offers substantial leverage to exploration success and realization of Simandou North’s potential. The company’s permitting and infrastructure solutions significantly de-risk the project.

Key upcoming share price catalysts:

• Final scout drilling results
• Follow up drill results confirming extent of mineralization
• Maiden resource estimate
• Offtake and infrastructure access agreements

In summary, Arrow is poised to benefit from Guinea’s emergence as a new global iron ore province. Its Simandou North Project offers district-scale potential adjacent to world-class deposits, with infrastructure unlocking a clear pathway to production. The company has the team and vision to capitalize on this opportunity. Interested investors are encouraged to visit Booth 89 at Africa Down Under or Arrow Minerals online for more information.

Arrow Minerals and the Simandou North project could represent a good investment opportunity:

1. Major infrastructure development underway - The fact that a large-scale railway, port, and supporting infrastructure is being built to support the Simandou mining region significantly de-risks Arrow's project. Investors can have confidence this key enabling infrastructure will be in place.
2. Prime location next to mining giants - Arrow's tenure directly borders Rio Tinto and Winning Consortium's world-class iron ore deposits. The same mineralized geology likely continues into Arrow's ground, as evidenced by strong early sampling results. Positive activity by majors Rio and Winning also rubs off positively on Arrow.
3. Clear pathway to production - By securing 100% ownership, Arrow now controls its own destiny. It has a straightforward process to advance the project to production, supported by Guinea's mining-friendly policies.
4. Strong leadership - Arrow's board and management reads like a who's who of iron ore experts, with ideal backgrounds to deliver success. Their experience reduces execution risk.
5. Positive market tailwinds - Demand and pricing outlook for high-grade iron ore like Simandou North remains robust, underpinned by urbanization and decarbonization trends. This provides confidence in realizable value.
6. Substantial leverage potential - Arrow's current modest valuation allows for substantial share price upside if exploration continues to deliver positive results. Near-term catalysts related to ongoing drilling make this an attractive entry point.

In summary, the de-risked infrastructure solution, proven geology, clear development path, strength of leadership, and leverage potential all support Arrow as an attractive investment case exposed to a burgeoning new iron ore district in Guinea. The risk-reward ratio for investors looks compelling.