North Arrow Minerals Inc. is pleased to provide an update on the Company’s 100% owned Mel Diamond Project, Nunavut, including initial microdiamond recoveries from surface sampling of kimberlite ML8. The Mel Project is well located, approximately 20 km from tidewater with exploration work conducted from a camp established approximately 140 km south and 210 km northeast of the Hamlets of Hall Beach and Naujaat [...]
North Arrow Minerals Inc. reports completion of an exploration drilling and till sampling program at the Company’s 100% owned Mel Diamond Project, Nunavut. The program represents the first ever exploration drilling of this new kimberlite field and also included work focused on generation of new targets through till sampling and geophysical surveys. The Mel Project is well located, approximately 20 km from tidewater [...]
VANCOUVER, British Columbia, July 12, 2018 -- North Arrow Minerals Inc. reports the start of a summer exploration drilling and till sampling program at the Company’s 100% owned Mel Diamond Project, Nunavut. An exploration camp is currently being established on the property and ground geophysical surveys are scheduled for the week of July 16, followed by approximately 1,200m of drilling. Drilling will better define [...]
British Columbia, June 19, 2018 -- North Arrow Minerals Inc. announces that it has closed the concurrent non-brokered private placements of flow-through common shares and non-flow-through units announced on May 28, 2018. The Company has issued 10,135,000 Flow-Through Shares at a price of $0.20 per share and 6,481,717 Non-Flow-Through Units at a price of $0.17 per Non-Flow-Through Unit for combined total gross proceeds of [...]
British Columbia, May 28, 2018 -- North Arrow Minerals Inc. announces that it has arranged a non-brokered private placement of flow-through common shares at a price of $0.20 per Flow-Through Share and, concurrently, a non-brokered private placement of non-flow-through units at a price of $0.17 per Non-Flow-Through Unit for combined total gross proceeds of approximately $3,000,000. Each Non-Flow-Through Unit will consist [...]
VANCOUVER, British Columbia, May 09, 2018 -- North Arrow Minerals Inc. announces that, pursuant to North Arrow's Stock Option Plan and TSX Venture Exchange Policy 4.4, the Company has amended 2,075,000 incentive stock options previously granted to Directors, Officers, and consultants to the Company. The amendment is to extend the expiry date of the options from May 10, 2018 to May 10, 2023. Each incentive stock option is [...]
VANCOUVER, British Columbia, April 05, 2018 -- North Arrow Minerals Inc. is pleased to announce the discovery of a new kimberlite during its winter exploration drilling program at the Company’s 100% owned Loki Diamond Project, Northwest Territories. The Project is located in the Lac de Gras region, approximately 30 km southwest, and 24 km west of the Ekati and Diavik diamond mines, respectively, and immediately [...]
VANCOUVER, British Columbia, March 28, 2018 -- North Arrow Minerals Inc. is pleased to report final diamond recoveries from composite mini-bulk samples of four units within the Q1-4 kimberlite at the Naujaat Diamond Project, Nunavut. Final diamond recoveries are summarized in the table below. Number of Diamonds per Sieve Size Q1-4 kimberlite Unit Sample 0.300 0.425 0.600 0.850 1.18 1.70 2.36 Total Total Weight -0.425 [...]
VANCOUVER, British Columbia, March 05, 2018 -- North Arrow Minerals Inc. is pleased to announce the start of an exploration drilling program at the Company’s 100% owned Loki Diamond Project, Northwest Territories, located in the Lac de Gras region, approximately 30 km southwest, and 24 km west of the Ekati and Diavik diamond mines, respectively and immediately adjacent to the west of the Company’s LDG joint [...]
VANCOUVER, British Columbia, Feb. 28, 2018 -- North Arrow Minerals Inc. is pleased to report final diamond recoveries from a 209.8 tonne mini-bulk sample collected in July 2017 from the diamondiferous Q1-4 kimberlite at the Naujaat Diamond Project, Nunavut. Highlights of this announcement include: A total of 1,991 diamonds greater than +1 DTC weighing 64.25 carats were recovered from 209.84 dry tonnes of kimberlite for an [...]
VANCOUVER, British Columbia, Jan. 22, 2018 -- North Arrow Minerals Inc. reports that it has significantly increased the size of its 100% owned Mel Diamond Project from 7,500 ha to 56,075 ha . Claim staking was initiated as a result of North Arrow’s September 2017 discovery of a new diamond bearing kimberlite field at Mel, located within 20 km of tide water on the Melville Peninsula, Nunavut. North Arrow made the [...]
North Arrow Minerals Inc. is pleased to report completion of geophysical surveys at its Loki and LDG Joint Venture Diamond Projects located in the Northwest Territories, and a till sampling program at its Pikoo Diamond Project, Saskatchewan. Highlights of these programs include: At Loki, North Arrow completed a 302 line km helicopter-borne magnetic/electromagnetic survey as well as four ground magnetic surveys to better [...]