North Arrow Minerals Inc. is pleased to announce a non-brokered private placement of up to $2,000,000 through the issuance of a combination of units at a price of $0.06 per Non-FT Unit and flow-through units at a price of $0.08 per FT Unit. Proceeds raised from the issuance of the FT Units will be used to explore North Arrow's lithium properties, particularly its 100% owned DeStaffany Lithium Project located within the [...]
North Arrow Minerals Inc. is pleased to update an ongoing data review at its 100% owned DeStaffany lithium property, NWT. Highlights of this work include: Eight lithium geochemical targets have been identified within the property. Four of these anomalies are associated with features of interest identified from satellite imagery. The presence of coarse grained spodumene has been confirmed by photographs of the Moose 2 [...]
North Arrow Minerals Inc. is pleased to announce it has sold 0.5% royalty interests in the Loki Diamond Project for proceeds of $374,000. The Loki Project is located in the Lac de Gras region of the Northwest Territories, approximately 30 km southwest, and 24 km west of the Ekati and Diavik diamond mines, respectively, and immediately adjacent to the west of North Arrow's LDG Joint Venture Diamond Project with Arctic [...]
North Arrow Minerals Inc. is pleased to report it has acquired an option to purchase a 100% interest in the Bathurst Inlet lithium property, Nunavut. The property covers a series of mapped and interpreted pegmatite intrusives located on or within nine kilometres of tidewater at Bathurst Inlet. The southernmost mineral claim lies within 12 km of Sabina Gold and Silver's port facility, being used to service Sabina's Back [...]
North Arrow Minerals Inc. is pleased to report that test cutting and polishing has been completed on two fancy colour diamonds recovered from the 2021 bulk sample of the Q1-4 diamond deposit at the Company's Naujaat Diamond Project, Nunavut. The diamonds were cut and polished at Burgundy Diamond Mines' facility in Perth Australia as part of an ongoing evaluation of the Q1-4 diamond population, producing the two largest [...]
North Arrow Minerals Inc. is pleased to report it has acquired a 100% interest in the DeStaffany lithium property, part of the Yellowknife Pegmatite Province, Northwest Territories as part of an initiative to leverage North Arrow's knowledge and experience with lithium and other critical metals in northern Canada while continuing to evaluate its portfolio of Canadian diamond properties. Ken Armstrong, President and CEO of [...]
North Arrow Minerals Inc. announces that it has closed the non-brokered private placement of non-flow-through units announced on November 21, 2022. The concurrent non-brokered flow-through private placement also announced on November 21, 2022 has been cancelled. The Company has issued 16,700,000 units priced at $0.05 per unit for gross proceeds of $835,000. Each Unit issued under the private placement consisted of one [...]
North Arrow Minerals Inc. is pleased to report that crews have been mobilized to start an exploration till sampling and ground geophysical survey program at its 100% owned Pikoo Diamond Project, located approximately 140 km east of La Ronge, Saskatchewan. Till sampling is intended to better define several unsourced kimberlite indicator mineral trains and to test previously unsampled areas down-ice of priority potential [...]
North Arrow Minerals is pleased to report final diamond recoveries from a 1,823.6 dry tonne bulk sample collected in 2021 from the Q1-4 diamond deposit at the Naujaat Diamond Project. Today’s results, representing the final 30% (498 dry tonnes) of the bulk sample, are entirely from the A88 unit of the Q1-4 deposit and follow results from the initial 70% (1,326 dry tonnes) of the sample that were previously reported on [...]
North Arrow Minerals is pleased to report initial diamond recoveries from the first 70% of a bulk sample collected in 2021 from the Q1-4 diamond deposit at the Naujaat Diamond Project. Highlights of this announcement include: 268 diamonds greater than +9 DTC weighing 117.98 carats were recovered from 1,316 dry tonnes of kimberlite from the A28 unit - the average size of diamonds retained on the +9 DTC sieve is ~0.21 [...]
North Arrow Minerals Inc. is pleased to provide a processing update for its Naujaat Diamond Project bulk sample, and to report kimberlite indicator mineral results from samples collected in 2021 from its 100% owned Pikoo and Loki Diamond Projects. Naujaat Diamond Project, Nunavut: Processing and diamond recoveries from the 2021 bulk sample are ongoing, with Dense Media Separation processing of the nominal 2,000 tonne [...]