North Arrow Minerals Inc. (“North Arrow”) is delighted to declare the onset of the 2023 exploration field program at its fully owned DeStaffany Lithium Property, Northwest Territories.
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Highlights of this initial lithium exploration program will comprise the following aspects.
- Thorough assessment of the Moose 1 and Moose 2 lithium pegmatites that include mapping and rock-sawn channel sampling;
- Mineralogical definition sampling of spodumene mineralized exposures of the Moose 1 and Moose 2 pegmatites. The primary lithium-bearing mineral of interest in such deposits is spodumene. Sampling of exposed mineralization will facilitate spodumene recovery and definition studies to be finished prior to exploration drilling that was scheduled for August and September;
- Property-wide mining of recognized target regions for formerly undocumented or undiscovered spodumene mineralized pegmatites; and
- Funding for the program has recently been increased by a $180,000 grant awarded to the DeStaffany Lithium Project under the Government of the Northwest Territories’ Mining Incentive Program (MIP).
The start of this exploration program is an important milestone for North Arrow, as the DeStaffany Lithium Project represents a compelling spodumene pegmatite target with rapid evaluation potential. Historic tantalum mining of the Moose 2 pegmatite has exposed spodumene mineralization that is easily accessible for the mineralogical characterization sampling currently underway, and channel sampling of the Moose 1 pegmatite will provide the first full evaluation of spodumene mineralization and its distribution in this pegmatite. Furthermore, the property’s first exploration drilling program is planned for later this summer and potential discovery of additional spodumene pegmatites during current fieldwork could add new targets to include as part of this drilling.
Ken Armstrong, President and CEO, North Arrow Minerals
The combination of drilling and surface sampling at DeStaffany is intended to rapidly evaluate the resource potential of these pegmatites. Their location, within 300 metres of the shoreline of Great Slave Lake, is unique in the Yellowknife Pegmatite Province, and allows for excellent access to the property, including barge access to the NWT’s railhead in Hay River. With the recent closing of a $2.4M financing and the start of exploration fieldwork, we look forward to reporting our progress at DeStaffany and North Arrow’s other lithium exploration properties over the next several months.
Ken Armstrong, President and CEO, North Arrow Minerals
Source: https://www.northarrowminerals.com/