North Arrow Minerals Inc. is pleased to announce it has been notified by EHR Resources Ltd. that EHR has closed a financing sufficient to fund the remaining $5.3M investment in accordance with the terms of a June 1, 2020 option agreement under which EHR has agreed to fund a C$5.6M preliminary bulk sample from the Q1-4 diamond deposit at the Naujaat Diamond Project, Nunavut. North Arrow presently maintains a 100% interest [...]
North Arrow Minerals Inc. is pleased to announce it has entered into an option agreement with EHR Resources Ltd. to fund further evaluation of the Q1-4 diamond deposit at the Naujaat Diamond Project, Nunavut. North Arrow presently maintains a 100% interest in the Project, including the Q1-4 diamond deposit, located only 9km from the coastal community of Naujaat. Under terms of the option agreement, EHR can earn a 40 [...]
North Arrow Minerals Inc. is pleased to announce it has entered into an option agreement with EHR Resources Ltd. to fund further evaluation of the Q1-4 diamond deposit at the Naujaat Diamond Project, Nunavut. North Arrow presently maintains a 100% interest in the Project, including the Q1-4 diamond deposit, located only 9km from the coastal community of Naujaat. Under terms of the option agreement, EHR can earn a 40 [...]
North Arrow Minerals Inc. is pleased to report it has been notified that a geophysical survey program is underway at the LDG Joint Venture Diamond Project, a prospective 147,200 hectare joint venture property located just south of the Diavik Diamond Mine in the Northwest Territories. These ground geophysical surveys are part of an approved $3.5M 2020 exploration program designed to continue with systematic exploration of [...]
North Arrow Minerals Inc. is pleased to report the approval of a $3.5M 2020 exploration program and microdiamond results from the Anchor kimberlite on the LDG Joint Venture Diamond Project, a prospective 147,200 hectare joint venture property located just south of the Diavik Diamond Mine in the Northwest Territories. As reported on July 8, 2019, the Anchor kimberlite was discovered as part of the 2019 summer exploration [...]
North Arrow Minerals announces that, pursuant to North Arrow's Stock Option Plan, the Company has granted a total of 2,970,000 incentive stock options to Directors, Officers, Employees and consultants to the Company. The stock options are exercisable to acquire one common share of North Arrow at $0.10 per share and can be exercised until November 8, 2024. About North Arrow Minerals North Arrow is a Canadian based [...]
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 [...]