NORTH ARROW STARTS REVERSE-CIRCULATION DRILL SAMPLING PROGRAM AT KRAAIPAN GOLD PROJECT, BOTSWANA

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
Extracted
2026-09-12 15:21:52 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

North Arrow Minerals has commenced a three-month reverse-circulation (RC) drilling program at the Kraaipan Gold Project in Botswana. Recent bedrock sampling from outcrop exposures returned high-grade gold values, including a peak of 10.1 g/t Au, confirming the presence of gold mineralization in BIF units.

Reasoning: Bedrock sampling confirms gold endowment in BIF units, supporting the exploration thesis ahead of the upcoming RC drilling program.

Positive factors

  • High-grade bedrock samples (up to 10.1 g/t Au)
  • QA/QC protocols disclosed
  • Use of certified laboratory (ALS)
  • Geophysical survey (Remote Mapper) completed to support targeting

Negative factors

  • Results are from surface bedrock sampling, not completed RC drilling

Facts used in scoring: 2

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 use, insertion of duplicates and blanks, and fire assay methods.

Evidence · text

“QA/QC protocols include ALS laboratory's own internal quality assurance controls as well as the Company's field controls, including the insertion of duplicates and blanks”

Nearology Playneutral

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

Why it applies: The project is positioned near the multi-million-ounce Kalgold mine.

Evidence · text

“host to numerous mineral occurrences including Harmony Gold's multi-million-ounce Kalgold mine... located approximately 40 km south of the Kraaipan Project”

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Drill Results (2)

Fact 1goldGrade: 10.1Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Region
botswana
Reported Region
Botswana
Ticker
NAR

Geometry

Grade
10.1
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
southern part of the Project
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-21T00:00:00.000Z

Reasoning: 10.1 g/t Au is a strong intercept for surface bedrock sampling in an Archean greenstone setting.

Positive factors

  • High grade for bedrock sampling

Evidence · text

“highest assay of 10.1 g/t gold”

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

Fact 2goldGrade: 1Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Region
botswana
Reported Region
Botswana
Ticker
NAR

Geometry

Grade
1
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
southern part of the Project
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-21T00:00:00.000Z

Reasoning: Multiple samples above 1 g/t Au demonstrate consistent mineralization in the BIF units.

Positive factors

  • Confirms gold endowment

Evidence · text

“11 samples returning greater than 1 g/t gold”

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

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.