NORTH ARROW COMPLETES 66 HOLES IN 22 DAYS DURING FIRST PHASE OF THE 2025 RC DRILLING CAMPAIGN, KRAAIPAN GOLD PROJECT, BOTSWANA
Rotation Two Underway
Trading Symbol - TSXV: NAR
"The 724 km²
The ongoing exploration program represents exceptional value: for an initial investment of just
- Property-wide airborne (Remote Mapper UAV) magnetics (85% complete)
- Property-wide structural analysis based on southern outcrops and interpretation under sand-cover from magnetics (complete)
- Bedrock sampling and analysis of southern outcrops (complete).
Please see NAR news release datedMay 21, 2025 for details. - 22 of 89 bedrock samples (~25%) collected from rare outcrop exposures (see sample location map) returned anomalous gold values greater than 0.1 g/t gold, including 11 samples returning greater than 1 g/t gold including six samples greater than 4 g/t gold, with a highest assay of 10.1 g/t gold, a target to be drilled in 3rd drill rotation – see diagram below
- RC drill testing of 16 target areas (ongoing)
- Up to 220 drill holes across the entire belt (ongoing)
Current Drilling Progress:
-
Rotation 1 - Complete: 66 holes testing 8 southern targets. An average of 6 m of Kalahari overburden per hole was encountered. Samples collected, currently being prepared in
Gaborone for shipment to aSouth Africa -based laboratory for geochemical assay and analysis, include: - 67 base of Kalahari (BOK) overburden samples
- 149 bedrock samples
Results are anticipated within approximately 6 to 8 weeks
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Rotation 2 - Active: 69 holes planned, testing 4 central targets; thicker overburden anticipated: completion estimated for mid-July.
- Rotation 3 (A&B) – planned to commence at the end of July.
The Opportunity
North Arrow is earning a 60% interest in the
Results from the current program will guide follow-up bedrock drilling in H2 2025 and 2026, with the aim of identifying new, world class gold discoveries in this underexplored Archean system.
About
North Arrow Minerals Inc.
/s/ "Eira Thomas"
President and CEO
Neither the
This news release contains "forward-looking statements" including but not limited to statements with respect to North Arrow's plans, the estimation of a mineral resource and the success of exploration activities. Forward-looking statements, while based on management's best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the successful integration of acquisitions; risks related to general economic and market conditions; closing of financing; the timing and content of upcoming work programs; actual results of proposed exploration activities; possible variations in mineral resources or grade; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; changes in national and local government regulation of mining operations, tax rules and regulations. Although North Arrow has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. North Arrow undertakes no obligation or responsibility to update forward-looking statements, except as required by law.
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