North Arrow Minerals Inc. is pleased to announce it has closed the sale of royalty interests in the Loki Diamond Project announced on August 7, 2019. 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 [...]
North Arrow Minerals Inc. is pleased to provide an update on its Loki Diamond Project, including the sale of 0.5% royalty interests in the Project for $266,000. 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 [...]
North Arrow Minerals Inc. announces that it has closed the non-brokered private placement announced on July 11, 2018. The company has issued 17,904,286 units priced at $0.07 per unit for gross proceeds of $1,253,300. Each Unit issued under the private placement consisted of one common share in the capital of the Company and one transferable common share purchase warrant . Each Warrant entitles the holder thereof to [...]
North Arrow Minerals Inc. is pleased to announce the start of a summer exploration program at its 100% owned Loki Diamond Project 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 Dominion Diamond Mines. This three-week [...]
North Arrow Minerals Inc. announces that it has arranged a non-brokered private placement of up to 17,000,000 units priced at $0.07 per unit for gross proceeds of $1,190,000. Each Unit to be issued in the private placement will consist of one common share in the capital of the Company and one transferable common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one additional common share [...]
North Arrow Minerals Inc. is pleased to report it has been notified by joint venture partner and operator Dominion Diamond Mines that kimberlite has been discovered in the first drill hole of the summer exploration drilling program at the LDG Joint Venture Diamond Project, Northwest Territories. The drill hole was oriented to test an OhmMapper resistivity anomaly coincident with gravity and magnetic lows. The hole [...]
North Arrow Minerals Inc. is pleased to report it has been notified by joint venture partner and operator Dominion Diamond Mines that mobilization is underway for the summer field program, including exploration drilling, at the LDG Joint Venture Diamond Project, Northwest Territories. Summer exploration work is scheduled to include LIDAR surveying, till suitability mapping and sampling and approximately 1,000m of [...]
North Arrow Minerals Inc. is pleased to report it has been notified by joint venture partner and operator Dominion Diamond Mines that a spring geophysics program is complete and planning is underway for renewed exploration drilling at the LDG Joint Venture Diamond Project, Northwest Territories. Ground geophysical coverage consisted of 13 total grids, including magnetic , gravity and OhmMapper resistivity surveys. All of [...]
North Arrow Minerals Inc. is pleased to provide an update on its 100% owned Naujaat Diamond Project, Nunavut, including the Q1-4 kimberlite diamond deposit, located only 9 km from the coastal community of Naujaat. North Arrow is currently planning for collection of a 10,000 tonne bulk sample from the Q1-4 deposit and, as part of this work, has initiated an engineering design and costing study of a small-scale mobile [...]
North Arrow Minerals Inc. is pleased to provide an update on the Mel Diamond Project, Nunavut and the LDG Joint Venture Diamond Project, Northwest Territories. Mel Project Till Sample Results Final kimberlite indicator mineral results have been received for 447 till samples collected during the 2018 field program at the Company’s 100% owned Mel Project, located within 18 km of the Arctic Ocean, approximately 140 km [...]
North Arrow Minerals Inc. is pleased to provide an update on the Company’s 100% owned Mel Diamond Project, Nunavut, including the first microdiamond recoveries from kimberlite ML8 and initial kimberlite indicator mineral results from 2018 till samples. Highlights of this update include: Kimberlite ML8 is significantly diamondiferous, returning 8 diamonds greater than the 0.106 mm sieve size, including one diamond [...]
REPORTS MICRODIAMOND RESULTS FROM Q1-4 The community access trail proposed by the Hamlet of Naujaat follows an existing all-terrain-vehicle trail heading northeast from the community. Water crossings such as this one would be engineered with appropriate culverts, lessening the impact of summer ATV traffic. North Arrow Minerals Inc. is pleased to provide an update on its 100% owned Naujaat Diamond Project, Nunavut [...]