North Arrow Updates Naujaat Diamond Project, Nunavut Reports Microdiamond Results from Q1-4 Kimberlite Supports Naujaat Community Access Trail
Suite 960 – 789 West Pender Street, Vancouver, BC, Canada V6C 1H2
Tel: 604 668 8355 / Fax: 604 336 4813
News Release
NORTH ARROW UPDATES NAUJAAT DIAMOND PROJECT, NUNAVUT
REPORTS MICRODIAMOND RESULTS FROM Q1-4 KIMBERLITE
SUPPORTS NAUJAAT COMMUNITY ACCESS TRAIL
January 15, 2019 Trading Symbol: TSXV: NAR #19-01
North Arrow Minerals Inc. (TSXV-NAR) is pleased to provide an update on its 100% owned Naujaat Diamond Project,
Nunavut, including new microdiamond recoveries from the Q1-4 kimberlite diamond deposit, located 9 km from the coastal
community of Naujaat. Final diamond recoveries are summarized in the table below.
Number of Diamonds per Sieve Size (mm Square Mesh Sieve)
Q1-4
Unit
Sample 0.106 0.150 0.212 0.300 0.425 0.600 0.85 1.18 Total Total
Weight -0.150 -0.212 -0.300 -0.425 -0.600 -0.825 -1.18 -1.70 Stones Carats
Dry Kg +0.85mm
A61 552.7 320 281 206 174 91 50 11 6 1139 0.275
A48b 186.8 165 97 49 40 28 15 6 0 400 0.037
A88 1031.8 196 205 155 105 44 23 12 2 742 0.171
Green 245.0 73 51 34 24 7 2 1 0 192 0.007
GLOB 104.9 36 41 21 13 10 5 1 1 128 0.015
The microdiamond results reported in this release are for samples collected as part of the 2017 bulk sampling and
delineation drill programs, details of which were reported in a North Arrow news release dated September 12, 2017.
Microdiamond sampling focused on evaluating representative material from each kimberlite unit between surface and
approximately 300m below surface. Results reported today include samples from three of the five Q1-4 model units (A61,
A88, and A48b) and compare well with previous microdiamond recoveries from the kimberlite. The Green unit, which was
first identified during the 2017 program, has since been recognized in several historic drill holes and, although of minor
volumetric importance, is clearly distinct from the other major units in Q1-4. The GLOB unit is a globular segregationary
kimberlite of uncertain affiliation that may be distinct from, or part of, the A48a kimberlite unit. A selection of
microdiamond samples from A48a have undergone caustic fusion and final diamond recoveries are presently underway.
Project Update
North Arrow continues to focus on planning efforts for collection of a 10,000 tonne bulk sample from Q1-4 for the purpose
of evaluating the diamond size distribution and value characteristics of the deposit, with particular emphasis on a distinct
population of fancy yellow to orangey yellow diamonds that has been identified in each phase of the kimberlite. Design
planning is underway for the bulk sample program, including permitting, collection, transportation and processing options,
as well as financing options for collecting the sample.
As part of these efforts, North Arrow is pleased to support a recent application submitted by the Hamlet of Naujaat for a
permit to construct a community access trail extending 14.8 km northeast of the community. The proposed access trail will
pass approximately 1.5 km southeast of Q1-4 and could be used during further evaluation of the deposit, including
collection of the 10,000 tonne bulk sample. Use of the access trail would reduce the cost of a bulk sample by allowing
sample collection and transportation to occur without helicopter support, reducing local air traffic disturbance, and
increasing opportunities for local businesses and employment. The access trail will lie entirely within the community’s
municipal boundaries and the
Hamlet has taken the lead on its
design and construction as the
proposed trail has a number of
beneficial social and economic
development outcomes, including
increased tourism and education
opportunities, access to aggregate
and carving stone sources as well as
improved and safer access to the
land for traditional land use
activities. North Arrow has been
working with the Hamlet on
routing, permitting and construction
of the access trail, including sharing
results of the Company’s ecological
mapping, engineering and
archaeological studies of potential
routes. Next steps for the access
trail project include working with
the Hamlet to identify funding
options for the start of trail
construction during the summer of
2019.
Scientific and Technical Data
Diamond results reported above are based on work completed by Microlithics Laboratories, Thunder Bay, Ontario, and
I&M Morrison Geological, Delta, British Columbia. Both are independent mineral process and sorting laboratories. Quality
assurance protocols, security and actual operating procedures for the processing, transport and recovery of diamonds
conform to industry standard Chain of Custody provisions. As part of North Arrow's ongoing QA/QC programs, concentrate
residues and other materials are subject to audit. Any significant changes to recovered diamond contents will be reported
when available.
The Naujaat Diamond Project programs are managed by Michael MacMorran, P.Geo. (NU/NWT), Project Geologist for
North Arrow. The Company’s diamond exploration programs are conducted under the direction of Kenneth Armstrong,
P.Geo. (ON), President and CEO of North Arrow. Both Mr. MacMorran and Mr. Armstrong are Qualified Persons under NI
43-101 and have reviewed the contents of this press release.
About North Arrow Minerals
North Arrow is a Canadian based exploration company focused on the identification and evaluation of diamond exploration
opportunities in Canada. North Arrow’s management, board of directors and advisors have significant successful experience
in the Canadian diamond industry. In addition to the advanced stage Naujaat Project, North Arrow has discovered and is
evaluating kimberlite fields at the Mel (NU) and Pikoo (SK) Projects, and also has exploration exposure to the prolific Lac
de Gras region (NT) through its Loki and LDG Joint Venture Projects. The Company also maintains a 100% interest in the
Hope Bay Oro Gold Project (NU), located approximately 3 km north of TMAC Resources’ Doris Gold Mine.
North Arrow Minerals Inc.
/s/ “Kenneth A. Armstrong”
Kenneth Armstrong
President and CEO
For further information, please contact:
Ken Armstrong
The community access trail proposed by the Hamlet of Naujaat follows an existing all-terrain-
vehicle trail heading northeast from the community. Water crossings such as this one would
be engineered with appropriate culverts, lessening the impact of summer ATV traffic.
Tel: 604-668-8355 or 604-668-8354
Website: www.northarrowminerals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility
for the adequacy or accuracy of this release.
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 b y such forward-looking
statements, including but not limited to: risks related to the successful integration of acquisitions; risks related to general economic and market conditions;
closing of financing; the timing and content of upcoming work programs; actual results of proposed exploration activities; possible variations in mineral
resources or grade; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on
insurance coverage and other risks of the mining industry; changes in national and local government regulation of mining operations, tax rules and
regulations. Although North Arrow has attempted to identify important factors that could cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that
such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking statements. North Arrow undertakes no obligation or responsibility to update
forward-looking statements, except as required by law.