North Arrow Expands Mineralized Footprint at Kraaipan Gold Project
Event summary
- North Arrow completed Rotation 1 reverse circulation drilling at Target A, testing a 700m strike length with 20 holes totaling 1,103m.
- Q1 surface sampling extended gold-in-rock trends at Targets AE and AF, with notable samples including 5.44 g/t Au at Target AE and 3.78 g/t Au at Target AF.
- Rotation 2 drilling commenced at Targets AE and AF, with 20 holes planned to test strike extensions and increase confidence in mineralized trends.
- Remote Mapper airborne surveys added 4,779 line-km of high-resolution coverage, bringing total coverage to 452 km² of the 724 km² land package.
The big picture
North Arrow's Kraaipan Gold Project represents a strategic opportunity to explore a significantly underexplored portion of the Kraaipan Greenstone Belt, which is the northern extension of the terrane hosting Harmony Gold's multi-million-ounce Kalgold Mine. The project's potential lies in its proximity to a proven gold-producing region and the company's systematic approach to unlocking value through targeted drilling and geophysical surveys. The success of the 2026 exploration program could position North Arrow as a key player in the region's gold mining sector.
What we're watching
- Drilling Results
- Whether Q2 assay results from Rotation 1 drilling at Target A will confirm the presence of significant mineralization, potentially validating the geological model.
- Strike Length Expansion
- The pace at which North Arrow can extend mineralized strike lengths at Targets AE and AF through Rotation 2 drilling and future exploration programs.
- Earn-In Potential
- How North Arrow's progress at Kraaipan will impact its ability to earn up to 80% interest in the project, particularly with the Second Option requiring a Preliminary Economic Assessment.
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