NORTH ARROW DISCOVERS 1.56 g/t GOLD OVER 30 METRES AT KRAAIPAN Including 4.26 g/t over 4m

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, Resource update
Extracted
2026-09-12 15:15:03 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

North Arrow Minerals has announced a significant gold discovery at Target A of its Kraaipan Gold Project in Botswana, highlighted by an RC drill intercept of 1.56 g/t Au over 30 metres. The intercept includes high-grade zones of 7.32 g/t Au over 3m and 4.26 g/t Au over 4m, all from shallow depths.

Reasoning: The discovery of a 30m intercept at 1.56 g/t Au at a new target (Target A) is a significant exploration breakthrough for the Kraaipan project, supported by high-grade sub-intervals and shallow cover.

Positive factors

  • Significant gold intercept (1.56 g/t over 30m)
  • High-grade sub-intervals (7.32 g/t over 3m)
  • Shallow overburden (5m) at Target A
  • Discovery of new target (Target A)
  • QA/QC protocols disclosed (ALS lab, duplicates, blanks)

Negative factors

  • True width estimated (50-75% of drilled interval)

Facts used in scoring: 6

Extracted facts

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

Drill Results (5)

KR25-157Kraaipan · goldGrade: 1.56Grade Unit: g/tIntercept: 30 mView all details
Link to this fact

Identity

Hole ID
KR25-157
Project
Kraaipan
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NAR

Geometry

Grade
1.56
Grade Unit
g/t
Intercept
30 m
From
0 m
To
30 m
Intercept Depth
0 m

Classification

Program
exploration
Sample Type
drill
Group ID
KR25-157:0-30
Mining Method
unknown

Location

Location
Target A
Azimuth
280 °
Dip
-60 °
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
2025-11-04T00:00:00.000Z

Reasoning: Strong intercept at a new target.

Positive factors

  • Significant width and grade

Negative factors

  • True width estimated

Evidence · text

“1.56 g/t Au over 30 m from surface”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "(TSXV: NAR) ("North Arrow" or the "Company") is pleased to announce the discovery of anomalous gold from Target A at its"

KR25-157Kraaipan · goldGrade: 7.32Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
KR25-157
Project
Kraaipan
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NAR

Geometry

Grade
7.32
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
KR25-157:0-3
Mining Method
unknown

Location

Location
Target A
Azimuth
280 °
Dip
-60 °
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
2025-11-04T00:00:00.000Z

Reasoning: High grade component of the main intercept.

Positive factors

  • High grade sub-interval

Evidence · text

“7.32 g/t Au over 3 m from surface”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "(TSXV: NAR) ("North Arrow" or the "Company") is pleased to announce the discovery of anomalous gold from Target A at its"

KR25-157Kraaipan · goldGrade: 4.26Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
KR25-157
Project
Kraaipan
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NAR

Geometry

Grade
4.26
Grade Unit
g/t
Intercept
4 m
From
10 m
To
14 m
Intercept Depth
10 m

Classification

Program
exploration
Sample Type
drill
Group ID
KR25-157:10-14
Mining Method
unknown

Location

Location
Target A
Azimuth
280 °
Dip
-60 °
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
2025-11-04T00:00:00.000Z

Reasoning: Significant high-grade component.

Positive factors

  • High grade sub-interval

Evidence · text

“4.26 g/t over 4 m from 10 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "(TSXV: NAR) ("North Arrow" or the "Company") is pleased to announce the discovery of anomalous gold from Target A at its"

KR25-156Kraaipan · goldGrade: 1.05Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
KR25-156
Project
Kraaipan
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NAR

Geometry

Grade
1.05
Grade Unit
g/t
Intercept
9 m
From
14 m
To
23 m
Intercept Depth
14 m

Classification

Program
exploration
Sample Type
drill
Group ID
KR25-156:14-23
Mining Method
unknown

Location

Location
Target A
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
2025-11-04T00:00:00.000Z

Reasoning: Anomalous intercept.

Evidence · text

“1.05 g/t Au over 9 m from 14 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "(TSXV: NAR) ("North Arrow" or the "Company") is pleased to announce the discovery of anomalous gold from Target A at its"

KR25-156Kraaipan · goldGrade: 2.59Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
KR25-156
Project
Kraaipan
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NAR

Geometry

Grade
2.59
Grade Unit
g/t
Intercept
3 m
From
20 m
To
23 m
Intercept Depth
20 m

Classification

Program
exploration
Sample Type
drill
Group ID
KR25-156:20-23
Mining Method
unknown

Location

Location
Target A
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
2025-11-04T00:00:00.000Z

Reasoning: High grade component of the intercept.

Positive factors

  • High grade sub-interval

Evidence · text

“2.59 g/t over 3 m from 20 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "(TSXV: NAR) ("North Arrow" or the "Company") is pleased to announce the discovery of anomalous gold from Target A at its"

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
2025-11-04T00:00:00.000Z

Reasoning: The discovery of a 30m intercept at 1.56 g/t Au at a new target (Target A) is a significant exploration breakthrough for the Kraaipan project, supported by high-grade sub-intervals and shallow cover.

Positive factors

  • Significant gold intercept (1.56 g/t over 30m)
  • High-grade sub-intervals (7.32 g/t over 3m)
  • Shallow overburden (5m) at Target A
  • Discovery of new target (Target A)
  • QA/QC protocols disclosed (ALS lab, duplicates, blanks)

Negative factors

  • True width estimated (50-75% of drilled interval)

Evidence · text

“M&I Resources: 1.60 Moz @ 1.19 g/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.