NORTH ARROW COMPLETES REGIONAL RECONNAISSANCE PROGRAM AT KRAAIPAN AND IDENTIFIES 5 PRIORITY GOLD TARGETS FROM INITIAL DRILLING RESULTS RC Drilling Returns 0.90 g/t Gold Over 4 Metres and 0.43 g/t Gold Over 10 Metres
PRESS RELEASE
Suite 1056 – 409 Granville Street, Vancouver, BC, Canada V6C 1T2 | Tel: 604 668 8355
NORTH ARROW COMPLETES REGIONAL RECONNAISSANCE PROGRAM AT KRAAIPAN AND
IDENTIFIES 5 PRIORITY GOLD TARGETS FROM INITIAL DRILLING RESULTS
RC Drilling Returns 0.90 g/t Gold Over 4 Metres and 0.43 g/t Gold Over 10 Metres
September 25, 2025 Trading Symbol - TSXV: NAR #25-07
VANCOUVER BC, CANADA, 06/30/2025 – North Arrow Minerals Inc. (TSXV: NAR) reports initial reverse
circulation (“RC”) drilling results from its Kraaipan Gold Project (“Kraaipan”) comprising approximately 724 km²
of mineral concessions covering the entire ~60km northern extension of the prospective Kraaipan Greenstone
Belt (“KGB”) in Botswana. Results from 109 of 175 RC
holes have now been received and returned anomalous
gold in five separate areas including three areas with
bedrock samples (“BK”) up to 0.9 g/t Au and 2 areas with
overburden samples up to 0.28 g/t Au collected from the
base of the Kalahari (“BOK”).
"Our proprietary, low-cost, technology-driven exploration
approach has allowed for a rapid and systematic first-
pass assessment of the entire Botswana portion of an
Archean greenstone belt hiding beneath the Kalahari
sands. Results thus far, have identified five priority areas
for follow up including a 13 m hole into bedrock at Target
AE that ended in mineralization and returned an overall
grade of 0.4 g/t Au, including a 4 m section grading 0.9
g/t Au which is on par with grades observed in the multi-
million-ounce Kalgold mine situated in the same geology
just 40 km to the south. These results provide further
confirmation that the gold endowment of the KGB extends
into Botswana in potentially economic concentrations.
Importantly, four out of the five gold anomalies identified
to date also occur in areas of overburden under 8m in
depth.”
North Arrow and partner Rockman Resources have now
completed an initial US$1 million regional reconnaissance
program consisting of property-wide UAV magnetics
followed by a comprehensive 175-hole RC drilling
campaign targeting 45 km of KGB strike-length for the
purposes of collecting base of Kalahari (“BOK”)
overburden geochemistry samples together with bedrock
samples (“BK”) targeting priority structural targets.
2
Priority Target Areas Identified
Target AE
• 0.90 g/t Au over 4 m in hole KR25-051
• Within 0.40 g/t Au over 13 m
• Drill hole ended at 13 m depth
• Hosted in quartz-hematite fault/alteration
zone
• Average overburden thickness in area: 4 m
Target AF
• 0.43 g/t Au over 10 m (including 0.71 g/t Au
over 3 m) in hole KR25-060
• Located near surface sample returning 3.65
g/t Au
• Drill hole ended at 10 m depth
• Hosted in BIF (Banded Iron Formation) with
associated structural controls
• Average overburden thickness in area: 9 m
Target Y
• Elevated gold concentrations in bedrock
samples (up to 0.091 g/t) over 6m in KR25-
038
• Drill hole ended at 13 m
• Average overburden thickness: 8m
Targets C and K
• Elevated gold concentrations in overburden
samples from Targets C and K (0.24 g/t Au
and 0.28 g/t Au, respectively)
• Average overburden for Target K: <1 m
• Average overburden for Target C: 50 m
2025 Drilling Program Summary
• 175 RC holes completed across 16 target
areas covering 45 km of KGB strike length
• 4,975 m of drilling of Kalahari overburden
and the underlying bedrock
• Average Kalahari overburden for the entire
program of 20.6 m
• A total of 193 BOK and 561 BR samples
taken and submitted for laboratory analysis.
• Assay results pending for final 66 holes
targeting four areas including:
o Area with 10.1 g/t Au surface
sample
o Trend defined by three high-grade
outcrop samples (>7 g/t Au)
o Specialized angled drilling to test historical mineralization
Rotation 1 Target Locations
Rotation 2 Target Locations
3
Regional Context - Proven Gold Endowment
The Kraaipan Project covers the northern extension of the same Archean greenstone belt hosting Harmony
Gold's Kalgold Mine 40 km to the south in South Africa - a multi-million-ounce BIF-hosted gold deposit with:
(as of June 2024)
• P&P Reserves: 0.645 Moz @ 1.07g/t Au
• M&I Resources: 1.60Moz @ 1.19g/t Au
• 2024 Production: 45,815 oz at a grade of 0.96 g/tonne
• Average annual production over 25 years: 52,597 oz
• Cut-off Grade : 0.58 g/tonne
From Harmony Gold’s Mineral Resources and Mineral Reserves, June 2024, pages 74-76. Kalgold production
numbers provided for information purposes only. Does not suggest similar gold mineralization will be found
within the Company's Kraaipan Project
Previous surface sampling at Kraaipan returned exceptional results with 25% of samples (22 of 89) returning
anomalous gold (please see press release dated May 21, 2025), including:
• 11 samples greater than 1 g/t gold
• 6 samples greater than 4 g/t gold
• Highest individual result of 10.1 g/t gold
Proprietary Exploration Technology Advantage
North Arrow's partner, Rockman Resources, through its operator Mineral Services, leverages over 25 years of
operational experience in Botswana plus cutting-edge proprietary technologies that enabled this systematic
exploration:
• High-resolution UAV magnetic surveys (>20,000 line-km completed)
• Mobile RC drilling platform optimized for variable Kalahari conditions
• In-house sample preparation for verified QA/QC protocols and faster turnaround
• Deep machine learning with potential for target generation with further accumulation of geophysical
datasets
The three-rotation drilling program generated 754 representative RC samples including field duplicates.
Sampling, Laboratory Analyses and Quality Assurance/Quality Control (QA/QC)
RC samples collected in the field were driven to the Mineral Services’ facility in Gaborone to be sorted and
prioritized into Base of Kalarhari (“BOK”) and Bed Rock (“BR”) samples for assay. Samples were allocated unique
samples numbers, sealed and shipped to ALS’s laboratory in Johannesburg, South Africa using industry
standard chain of custody protocols. Following an initial coarse crush (CRU -21), the entire sample is then
pulverized (PUL-21) to better than 85% passing a 75-micron screen prior to geochemical analysis. All samples
are analyzed for gold by fire assay with an ICP-AES finish, method code Au-ICP22 (50-gram sample). Samples
returning gold values over 10 ppm are subjected to ore grade check assays using fire assay and a gravimetric
finish using method code Au-GRA22 (50-gram sample). Samples are also subjected to lithium borate fusion and
acid digestion for whole-rock analysis of major and trace elements by ICP-AES (major elements) and ICP-MS
(trace elements); method codes ME-ICP06 and ME-MS81, respectively. In addition, a suite of base metals and
other trace elements not included in the ME-MS81 method are analysed by ICP-AES on four-acid digestions
(method code ME-4ACD81).
QA/QC protocols include ALS laboratory’s own internal quality assurance controls as well as Rockman’s field
controls, including the insertion of duplicates and blanks, each at a rate of roughly one per 20 samples. QA/QC
4
data are evaluated on receipt for failures, and appropriate action is taken if results for duplicates and blanks fall
outside allowed tolerances.
Next Steps
Following receipt and evaluation of the remaining RC drill results, North Arrow and Rockman will develop a
follow up program, likely consisting of additional RC drilling and sampling to further constrain and understand
the nature of the anomalous gold identified so far, within priority areas. Angled RC or core -drilling will be an
important next step given many of the mineralized structures identified to date appear to be vertical in nature
and cannot be properly assessed with vertical holes. Continued regional assessment of permissive structures
regionally throughout the belt will also remain a priority.
About the Kraaipan Gold Project
The Kraaipan Project comprises approximately 724 km² of mineral concessions covering the entire ~60km
northern extension of the highly prospective Kraaipan Greenstone Belt. Over 80% of the belt is covered by
Kalahari sands, presenting a significant underexplored opportunity in this gold-endowed geological terrain.
North Arrow can earn up to an 80% interest through:
• First Option (60% interest): US$5 million in exploration expenditures over 3 years (US$1 million firm
commitment by June 30, 2025, achieved)
• PEA Option (additional 20% interest): Completion of a Preliminary Economic Assessment
About North Arrow Minerals Inc.
North Arrow is a Vancouver-based exploration company focused on evaluating the Kraaipan Gold Project.
Management and advisors bring significant global exploration and mining experience including key roles in the
discovery of the Ekati and Diavik diamond mines. The Company's exploration programs are conducted under the
direction of Kenneth Armstrong, P.Geo. (NWT/NU, ON), Chairman of North Arrow and a Qualified Person under
NI 43-101. Mr. Armstrong reviewed and approved the technical and scientific informatio n in this news release.
For Further Information
North Arrow Minerals Inc.
Eira Thomas
President and CEO
Nick Thomas
Tel: 778-229-7194
Email: [email protected]
Web: www.northarrowminerals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or
accuracy of this release.
Forward-Looking Statements
This news release contains "forward-looking statements" including but not limited to statements with respect to
North Arrow's plans, the estimation of a mineral resource and the success of exploration activities. Forward -looking
statements, while based on management's best estimates and assumptions, are subject to risks and uncertainties
that may cause actual results to be materially different from those expressed or implied by such forward -looking
statements. These risks and uncertainties include, but are not restricted to, the amount of geological data available,
the uncertain reliability of drilling results and geophysical and geological data and the interpretation thereof, and the
need for adequate financing for future exploration and development efforts. There can be no assurance that such
5
statements will prove to be accurate. Actual results and future events could differ materially from those anticipated
in such statements. The Company assumes no obligation to update forward -looking statements except as required
by law.