North Arrow Minerals Inc. announces that it has agreed with Anglo Celtic Exploration Ltd to extend by one year the term of an unsecured loan of $400,000 provided to North Arrow and first announced on February 17, 2021. Under terms of the amendment to the loan agreement the revised date by which any outstanding balance on the loan must be repaid in full is February 16, 2023. All other terms related to the Loan and the [...]
North Arrow Minerals Inc. is providing an update on processing a 2,000 tonne bulk sample from its Naujaat Diamond Project, NU. The 2,500-bag sample was collected from the Q1-4 kimberlite in July and August 2021 and fully delivered to the Saskatchewan Research Council Geoanalytical Laboratory in Saskatoon, SK by early November. Sample processing and diamond recovery involves three main steps starting with dense media [...]
North Arrow Minerals Inc. reports the start of processing of a 2,000 tonne bulk sample from its Naujaat Diamond Project, NU. The 2,500 bag sample was collected from the Q1-4 kimberlite in July and August and arrived in Montreal on October 6, 2021. As of October 22, approximately one third of the sample has been delivered to the Saskatchewan Research Council Geoanalytical Laboratory in Saskatoon, SK. The balance of the [...]
North Arrow Minerals Inc. reports that a 2,000-tonne bulk sample collected from its Naujaat Diamond Project, NU has been loaded onto a sealift and is now making its way to the processing laboratory in Saskatoon, SK. The sample consists of 2,500 bulk sample bags collected from the Q1-4 kimberlite in July and August, and delivered to North Arrow's laydown near the community of Naujaat . Ken Armstrong, President and CEO of [...]
North Arrow Minerals Inc. reports that crews have been mobilized to start a seven-to-ten-day exploration till sampling program at its 100% owned Pikoo Diamond Project in central eastern Saskatchewan, approximately 140 km east of La Ronge, SK. The program is intended to better define kimberlite indicator mineral trains within previously identified target areas, improving upon sample density in key areas. Past till sampling [...]
North Arrow Minerals Inc. reports that field collection of a 2,000 tonne bulk sample at its Naujaat Diamond Project, Nunavut is complete. Ken Armstrong, President and CEO of North Arrow commented, "Bulk sample collection from the Q1-4 kimberlite is now complete, with field crews having delivered 2,500 bulk sample bags of kimberlite to our laydown near the community of Naujaat. At approximately 2,000 tonnes, the 2,500 bags [...]
North Arrow Minerals Inc. reports that the $5.6 million bulk sampling program at its Naujaat Diamond Project, Nunavut is over 50% complete. Ken Armstrong, President and CEO of North Arrow commented: "Bulk sample collection from the Q1-4 kimberlite at the Naujaat Project is progressing on schedule with field crews having so far delivered over 1,000 tonnes of kimberlite to our laydown near the community of Naujaat. We had [...]
North Arrow Minerals Inc. is pleased to announce the start of a $5.6 million bulk sampling program at its Naujaat Diamond Project, Nunavut. Field crews have arrived on site and preparations are underway for the start of sample collection during the first week of July. The program, scheduled to run through the end of August, will involve collection of up to 2,000 tonnes from the Q1-4 kimberlite. The sample will be shipped [...]
North Arrow Minerals Inc. is providing an exploration update on its 100% owned Loki and CSI Diamond Projects. North Arrow reports that kimberlite was not discovered during an exploration drill program at the Loki Project located in the Lac de Gras region of the Northwest Territories. Six holes were completed during the program which tested several gravity anomalies that were explained by significant, locally >5m, ice [...]
North Arrow Minerals Inc. is pleased to announce mobilization is underway for an exploration drill program at its 100% owned Loki Diamond Project in the Lac de Gras region of the Northwest Territories. The program will utilize a Hornet reverse circulation drill to test recently defined gravity targets in the north Loki area . The targets represent potential bedrock kimberlite sources for a regional kimberlite indicator [...]
North Arrow Minerals Inc. announces that the non-brokered flow-through private placement announced on May 13, 2021 has been oversubscribed and has now closed. North Arrow has issued 9,222,000 units priced at $0.11 per unit for gross proceeds of $1,014,420. Each Unit consists of a single flow-through common share of the Company and one half of one transferable non-flow-through common share purchase warrant . Each Warrant [...]
North Arrow Minerals Inc. is pleased to announce plans for a June 2021 drill program at its 100% owned Loki Diamond Project in the Lac de Gras region of the Northwest Territories. The program will utilize a Hornet reverse circulation drill to test recently defined gravity targets in the north Loki area . The targets are located at the up-ice termination of a prominent and unsourced regional kimberlite indicator mineral [...]
