North Arrow Minerals Inc. is pleased to announce the start of the 2023 exploration field program at its 100% owned DeStaffany Lithium Property, Northwest Territories. Highlights of this initial lithium exploration program will include: Detailed evaluation of the Moose 1 and Moose 2 lithium pegmatites including mapping and rock sawn channel sampling; Mineralogical characterization sampling of spodumene mineralized [...]
North Arrow Minerals Inc. announces that pursuant to North Arrow's Stock Option Plan, the Company has granted a total of 8,625,000 incentive stock options to Officers, Employees, Directors and Advisors of the Company. The stock options are exercisable to acquire one common share of North Arrow at $0.08 per share and can be exercised until June 1, 2028. About North Arrow Minerals North Arrow is a Canadian based exploration [...]
North Arrow Minerals Inc. is pleased to announce it has closed the non-brokered private placement financing announced on April 24, 2023. The Company has issued 22,976,999 non-flow-through units at a price of $0.06 per Non-FT Unit and 13,066,500 flow-through units at a price of $0.08 per FT-Unit for combined total gross proceeds of $2,423,940. Each Non-FT Unit consisted of a single non-flow-through common share of the [...]
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 [...]