RE: I HAVE A GREAT REASON FOR POSTING AT 2:30 AM (UPDATED STORY)
From the way you describe plenty of blood at the point of impact and then nothing after a few yards. From your shot angle I would say you probably got the heart and without it pumping you won't have any blood unless you have a low exit. I would think your best bet at finding him would be to keep your search within 150 yards of your stand. Good luck!