• North Arrow (NAR) is reporting eight prospective lithium targets at its DeStaffany Lithium Project
  • The company also identified coarse-grained spodumene in photographs of the Moose 2 pegmatite
  • Initial prospecting work is slated for the summer
  • CEO Ken Armstrong spoke with Shoran Devi about the news
  • North Arrow is a mineral exploration company focused on the identification and evaluation of lithium and diamond opportunities in Canada
  • North Arrow Minerals (NAR) last traded at $0.075 per share

North Arrow (NAR) is reporting eight prospective lithium targets at its DeStaffany Lithium Project.

The news stems from an ongoing data review at the Northwest Territories property – including composite bedrock samples (1998) – which recently yielded eight lithium geochemical targets, four of which are associated with features of interest identified from satellite imagery, including one target area where pegmatite was noted in the lithogeochemical survey data.

The company also identified the presence of coarse-grained spodumene confirmed by photographs of the Moose 2 pegmatite.

The findings will inform initial prospecting work this summer at the Moose 1 and Moose 2 pegmatites.

Additionally, the company has acquired new mineral claims on Baffin Island, Nunavut, as part of its strategic alliance with Panarc Resources. Staked targets are roughly 12 km from tidewater in an area with previously mapped granite pegmatites up to 10’s of metres wide.

CEO Ken Armstrong spoke with Shoran Devi about the news.

North Arrow is a mineral exploration company focused on the identification and evaluation of lithium and diamond opportunities in Canada.

North Arrow Minerals (NAR) last traded at $0.075 per share.

This is sponsored content, please see full disclaimer here.


More From The Market Online
Bulldozers building dams at a mine site.

Victoria Gold might never recover from Yukon mine disaster

Victoria Gold will likely be dealing with last month's 300-million-litre cyanide spill at its Eagle mine in the Yukon for years to come.
Hole Ranger 01, core boxes 51 & 52 showing mineralized interval 225.5 to 234.48m of granitoids crosscutting massive gabbrodiorite.

Sienna significantly increases size of Saskatchewan gold project

Sienna Resources (TSXV:SIE) significantly increases its acreage on the Stonesthrow Gold Project in Saskatchewan.
A large mining truck driving out of a tunnel.

Eric Sprott confirms conviction in Jaguar Mining with latest buy

Eric Sprott buys 750,000 Jaguar Mining (TSX:JAG) shares for C$2,625,000, signalling continued conviction in one of his largest investments.