TSX-V: NAR

Diversified

Exploration

May 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

D. Grenville Thomas (Chairman) History of success in exploration with multiple junior mining companies. Founder and past Chairman of Aber Resources, discoverers 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. History of success in exploration for Diavik Diamond Mines Inc., Navigator Exploration, Strongbow and Stornoway Diamond Corp.

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

Christopher Jennings (Director) Dr. Jennings brings to the board 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 Ltd. (now Dominion Diamond Corporation), Stornoway Diamond Corporation and Lucara Diamond Corp. and is currently CEO of Kaminak Gold Corporation and a director of Suncor.

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 in Canada or globally • Diamond market fundamentals are robust • Canada is an underexplored, low risk jurisdiction

Concept

Reorganize North Arrow share structure (completed Feb/13)

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 • Continued identification and acquisition of

quality diamond prospects

Diamond Exploration Assets

• drill ready kimberlite targets (Pikoo, Timiskaming)

• unsourced indicator mineral trains (Acquisition underway)

• kimberlites for bulk sampling (Qilalugaq)

• unexplained geophysical targets • targets from historical review • extensive regional databases • diamond project currently under option to third

party (Lac de Gras JV with Dominion Diamond Corporation (Harry Winston))

• discussions underway to acquire drill ready targets from third parties

Principal Diamond Projects Victoria Island

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

Doris

Pikoo (SK) • Excellent 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 • Under option from Stornoway

Pikoo Project - SK

Pikoo Project (east central Saskatchewan) • Under option from Stornoway Diamond Corporation • North Arrow can earn 80% by completing 2,000 m drill program • SWY retains back-in right (20% to 40%) • between La Ronge SK and Flin Flon MB • highway and power line 30 km away • local roads within 10 km of property • regional sampling started in 2006 • multiple mineral trains on

33,000ha property • G9 + G10 garnets • 200km from nearest kimberlite field • diamondiferous kimberlite float

discovered by prospecting in 2012 • Ground geophysics and drilling during summer 2013 (~$1.7M Budget)

Pikoo Project - SK

2 distinct target areas

10 km

Slave Pikoo

10 km

Kimberlite boulders found in 2012

North Pikoo

South Pikoo

Excellent Chemistry

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

• South Pikoo chemistry is different from North Pikoo - implies potentially different sources

• 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

• Under option from Stornoway Diamond Corporation • North Arrow can earn 80% by drill testing 3 targets • Stornoway retains one time back-in right (from 20% to 40%) • Agreement includes 6 known kimberlites • Expanded geophysical coverage has identified new targets at head

of indicator mineral trains • Three drill ready targets are road accessible • Drilling spring 2013 - ~$150-200K budget

Timiskaming Project - ON

• 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

Lac de Gras Diamond Project

10 km

∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃

∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃

Kimberlite

Trend Lines

Winter Road

LDG Property

Diamond Mine ∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃

• Under option from Stornoway • Can earn 80% by completing mini-

bulk sample • Stornoway retains one time back-in

right (20% to 40%) • Primary target is the Q1-4 Kimberlite

Q1-4 Kimberlite (Repulse Bay, NU): • 7km from tidewater; 9km from town • largest kimberlite in eastern Arctic

(12.5ha) • June 2012 resource estimate for

SWY • modeled to 305m depth, open below • yellow stone population could impact

value • needs large tonnage bulk sample • estimate $3 to $3.5 million to

collect/value 500 carats Oblique view

Qilalugaq Project - NU

Qilalugaq

Repulse Bay

Q1-4 Kimberlite

June 2012 Stornoway resource*

• Inferred Resource = 48.8 Mt, 26.1 Mcts, total diamond content 53.6 cpht

• TFFE = 14.1 to 16.6 Mt, 7.9 to 9.3 Mcts, total diamond content 56.1 cpht

*North Arrow considers this resource relevant and reliable, however a Qualified Person has not, on behalf of North Arrow, done sufficient work to classify this historical estimate as a current mineral resource and therefore North Arrow is not treating this historical estimate as a current mineral resource. Mineral resources are not mineral reserves and do not have demonstrated economic viability. The potential quantity and grade of a target for further exploration 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 - NU

• ~1,000 t mini bulk sample from surface pits (6 week program) to produce diamond parcel to determine grade and size distribution • COST: $3.4 million • GOAL: to recover gem quality fancy yellow diamonds for

valuation • Land use permit pending

A28

Qilalugaq Project - NU

Q1-4 yellow stone continuum

Unsourced Indicator Mineral Trains

• years of public and proprietary till, glaciofluvial and fluvial sampling date is 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 • no prospecting • target acquisition underway • similar targets being evaluated

10 km

Secondary Projects (Au, Cu, Zn, Li)

Yellowknife

Northwest Territories

Nunavut

Coronation Gulf

Victoria Island

Anialik

Bugow Hayduck

Phoenix

Lupin

∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃

∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃ Ekati

Diavik

Doris

∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃

Bamako Torp

Gold project

Base metal project Lithium project

North Arrow maintains a number of secondary projects that are prospective for gold, base metals and lithium. The company continues to seek opportunities to further evaluate these projects through exploration partnerships.

Hope Bay

Contwoyto

Contwyoto Gold Project

• Near the past-producing Lupin gold mine (>3.3 million ounces gold @ 9 g/t avg grade) in W. Nunavut, ~400km north of Yellowknife. Recently purchased by Elgin Mining

• Under option to Elgin Mining: Elgin can earn a 60% interest by spending $6M over 6 yrs

• Large land position: >13,000 acres • Known gold occurrences on the

properties: • Dune – 63 g/t Au over 4.8m* • Pan – 5.3 g/t Au over 4.8m* • Shallow Bay – 35 g/t Au over 3.6m* • A3 – 38 g/t Au over 2.5m* • Fin – 5.25 g/t Au over 5.3m* • Fin – 11.6 g/t Au over 3.1m*

• Potential for discovery of new mineralization with the application of new exploration strategies

• Exploration program for 2013 is pending

*Historical highlight drill results from 1980’s and 1990’s. Full drilling results ranged from background or anomalous values up to the listed highlight intercepts.

∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃

3 km

Lupin Mine

Mine ∃ ∃ ∃ ∃ ∃ ∃ ∃ ∃ Showing Winter road Contwoyto Property Lupin Mine

Dune

Pan

Fin

Shallow Bay / A3

Hope Bay ORO Gold Project

• 40 km2 of leases adjoining Newmont’s Hope Bay Gold Mine which covers the Doris, Madrid and Boston deposits holding an estimated 9 M oz of gold

• The ORO property is host to numerous gold showings and potentially gold bearing structures

• Sennen Resources currently earning a 60% interest

by funding a $5 million exploration program over a five year period. Drill program completed Q3-2011:

• Significant near-surface gold mineralization identified over 300 metres of strike length at Elu Shear zone

• Zone remains open to the north, south and at depth.

• 10 of 11 drill holes intersect Elu shear and significant gold mineralization including 7.55 m @ 4.91 g/t gold and 2.00 m @ 20.22 g/t Au

• Follow up prospecting, geochemical surveys and ground geophysics planned by Sennen – timing under review

# # # # # # # #

10 km

North Arrow’s ORO Leases

Boston

Doris

Madrid

Melville Sound

NAR Leases

Newmont Leases

Mafic Volcanics Felsic Volcanics

Proterozoic diabase

Elu

Phoenix, NWT

• Large spodumene pegmatite field discovered by North Arrow in 2008. Big Bird pegmatite is one of the largest discoveries in Canada (~1.3 km long)

• Limited exploration to date; more discoveries are possible

• Also potential for tantalum, tin, cesium & beryllium

Torp Lake, Nunavut • Close to tidewater • Very high grade (4.5% Li2O over 6.0 m) • Potential source of rare, premium priced technical grade spodumene • Secure, long term mineral tenure

Northern Lithium Projects

1.18% / 1.00m

2.34% / 1.60m

1.15% / 2.84m

1.27% / 5.51m

2.01% / 4.12m

0.57% / 1.28m 2.67% / 1.65m

1.41% / 2.46m

Channel Sample (% Li2O/m) Contact Interpreted Contact Interpreted Fault Diamond Drillhole Aplite (Li bearing) Pegmatite (Li bearing) Granodiorite Metasediments

2.10% / 1.50m

3.13% / 1.60m

Way Forward – 2013

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

$1.3M exploration program Pikoo Saskatchewan Diamonds 80% (60%) Summer Geophysics/drilling Timiskaming Ontario Diamonds 80% (60%) Spring drilling Qilalugaq Nunavut Diamonds 80% (60%) Bulk sample permit pending Contwoyto Nunavut Gold 100% (40%) Under option to Elgin Hope Bay Nunavut Gold 100% (40%) Under option to Sennen Anialik Nunavut Gold, base metals 100% Seeking JV partner Bamako Nunavut Gold 100% Seeking JV partner Bugow/SP NWT Gold 100% On hold Hay Duck NWT Nickel, Gold 100% Drilling 2013 Phoenix/Torp NWT/Nunavut Lithium 100% New lithium fields

• Focus on evaluating current diamond properties and acquiring new compelling diamond properties • 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) • Pursue additional partners for remaining non-core properties

Corporate Overview

Capitalization (May 14, 2013) •Listing: TSX Venture - NAR

•Issued: 28.4 M Apr/13 20M shares issued at $0.15

•Options: 2.4 M Incl. 2.2M at $0.27

•Warrants: 0.5 M $0.25

•Fully diluted: 31.3 M

•Management/Directors ~22.3%

•Zebra Holdings & Investments ~19.9%

Corporate Highlights:

Gren Thomas Ken Armstrong Chairman President & CEO Corporate Office Exploration Office 860 - 625 Howe Street 1103-475 Howe Street Vancouver, BC Vancouver, BC Canada V6C 2T6 Canada V6C 2B3 Tel: +1.604.668.8355 Tel: +1.604.668.8354 Fax: +1.604.689.5041 Fax: +1.604.681.5528 info@northarrowminerals.com

TSXV: NAR www.northarrowminerals.com