NORTH ARROW COMPLETES REGIONAL RECONNAISSANCE PROGRAM AT KRAAIPAN AND IDENTIFIES 5 PRIORITY GOLD TARGETS FROM INITIAL DRILLING RESULTS

Original announcement by tmx on

Company
North Arrow Minerals Inc.
Ticker
NAR
Exchange
TSX
Region
Botswana
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Other, Resource update
Extracted
2026-09-12 15:18:58 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

North Arrow Minerals has completed a US$1 million regional reconnaissance program at the Kraaipan Gold Project in Botswana, identifying five priority gold targets. Initial RC drilling results include a 0.90 g/t Au over 4 m intercept at Target AE and 0.43 g/t Au over 10 m at Target AF.

Reasoning: Initial RC drilling results from a regional reconnaissance program have identified five priority gold targets, including high-grade intercepts in bedrock and shallow overburden.

Positive factors

  • Anomalous gold identified in five separate areas
  • Target AE returned 0.9 g/t Au over 4 m
  • Four out of five anomalies occur in shallow overburden (<8m)
  • QA/QC protocols and certified lab (ALS) disclosed

Negative factors

  • Initial reconnaissance stage results
  • Vertical holes may not properly assess vertical structures

Facts used in scoring: 6

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release details ALS laboratory, chain of custody, and use of duplicates and blanks.

Evidence · text

“ALS's laboratory in Johannesburg, South Africa using industry standard chain of custody protocols.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The project is positioned as the northern extension of the Kalgold Mine geology.

Evidence · text

“hosting Harmony Gold's Kalgold Mine 40 km to the south”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (5)

KR25-051Kraaipan · goldGrade: 0.9Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
KR25-051
Project
Kraaipan
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NAR

Geometry

Grade
0.9
Grade Unit
g/t
Intercept
4 m
From
0 m
To
4 m
Intercept Depth
0 m

Classification

Program
exploration
Sample Type
drill
Group ID
KR25-051:0-4
Mining Method
unknown

Location

Location
Target AE
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-25T00:00:00.000Z

Reasoning: 0.9 g/t Au over 4 m is a solid intercept for an initial reconnaissance program in a greenstone belt.

Positive factors

  • High-grade intercept for reconnaissance stage

Evidence · text

“0.90 g/t Gold Over 4 Metres”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

KR25-051Kraaipan · goldGrade: 0.4Grade Unit: g/tIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
KR25-051
Project
Kraaipan
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NAR

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
13 m
From
0 m
To
13 m
Intercept Depth
0 m

Classification

Program
exploration
Sample Type
drill
Group ID
KR25-051:0-13
Mining Method
unknown

Location

Location
Target AE
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-25T00:00:00.000Z

Reasoning: 0.4 g/t Au over 13 m provides continuity of mineralization at Target AE.

Positive factors

  • Significant width for reconnaissance

Evidence · text

“overall grade of 0.4 g/t Au, including a 4 m section grading 0.9 g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

KR25-060Kraaipan · goldGrade: 0.43Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
KR25-060
Project
Kraaipan
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NAR

Geometry

Grade
0.43
Grade Unit
g/t
Intercept
10 m
From
0 m
To
10 m
Intercept Depth
0 m

Classification

Program
exploration
Sample Type
drill
Group ID
KR25-060:0-10
Mining Method
unknown

Location

Location
Target AF
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-25T00:00:00.000Z

Reasoning: 0.43 g/t Au over 10 m is a consistent result for early-stage exploration.

Positive factors

  • Intercept includes a higher grade sub-interval

Evidence · text

“0.43 g/t Gold Over 10 Metres”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

KR25-060Kraaipan · goldGrade: 0.71Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
KR25-060
Project
Kraaipan
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NAR

Geometry

Grade
0.71
Grade Unit
g/t
Intercept
3 m
From
0 m
To
3 m
Intercept Depth
0 m

Classification

Program
exploration
Sample Type
drill
Group ID
KR25-060:0-3
Mining Method
unknown

Location

Location
Target AF
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-25T00:00:00.000Z

Reasoning: The 3m sub-interval shows enhanced mineralization within the 10m hole.

Positive factors

  • Higher grade sub-interval

Evidence · text

“including 0.71 g/t Au over 3 m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

KR25-038Kraaipan · goldGrade: 0.091Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
KR25-038
Project
Kraaipan
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NAR

Geometry

Grade
0.091
Grade Unit
g/t
Intercept
6 m
From
0 m
To
6 m
Intercept Depth
0 m

Classification

Program
exploration
Sample Type
drill
Group ID
KR25-038:0-6
Mining Method
unknown

Location

Location
Target Y
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-25T00:00:00.000Z

Reasoning: Low grade intercept, but confirms presence of gold in bedrock at Target Y.

Positive factors

  • Identifies gold in bedrock

Evidence · text

“up to 0.091 g/t) over 6m in KR25-038”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Resource Estimates (1)

indicatedKraaipan · goldGrade: 1.19Grade Unit: g/tView all details
Link to this fact

Identity

Project
Kraaipan
Commodity
gold
Ticker
NAR

Resource Data

Category
indicated
Grade
1.19
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2025-09-25T00:00:00.000Z

Reasoning: Initial RC drilling results from a regional reconnaissance program have identified five priority gold targets, including high-grade intercepts in bedrock and shallow overburden.

Positive factors

  • Anomalous gold identified in five separate areas
  • Target AE returned 0.9 g/t Au over 4 m
  • Four out of five anomalies occur in shallow overburden (<8m)
  • QA/QC protocols and certified lab (ALS) disclosed

Negative factors

  • Initial reconnaissance stage results
  • Vertical holes may not properly assess vertical structures

Evidence · text

“M&I Resources: 1.60Moz @ 1.19g/t Au”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.