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North Arrow Announces Management Changes

Management Changes

Suite 1050 – 625 Howe Street, Vancouver, BC, Canada V6C 2T6 Tel: 778 328 1060 / Fax: 604 558 0058

News Release NORTH ARROW ANNOUNCES MANAGEMENT CHANGES

March 30th, 2012 Trading Symbol: TSXV: NAR #12-03

North Arrow Minerals Inc. (TSXV-NAR) reports that effective March 31st, 2012, Mr. D. Grenville Thomas will be appointed President and CEO of the Company. Mr. Thomas, previously Chairman of the Company, replaces Mr. Brian McEwen who will remain with North Arrow as a consultant to manage its Chilean interests. Mr. Thomas would like to thank Mr. McEwen for his work as President and CEO of the Company.

North Arrow is a well-established junior exploration company with a diverse portfolio of gold, diamond and base metal projects throughout the Canadian north. These projects are explored by North Arrow and its various joint venture partners and the Company continues to evaluate new exploration opportunities through ongoing generative and project evaluation initiatives. Information on the North Arrow’s projects and strategy can be found at www.northarrowminerals.com.

North Arrow Minerals Inc.

/s/ “D. Grenville Thomas”

Grenville Thomas Chairman and CEO

For further information, please contact:

Julie Hajduk Corporate Communications Tel: 604-681-5543/ Cell: 778-240-7077 Email: [email protected] Website: www.northarrowminerals.com

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