North Arrow starts summer exploration at Loki Diamond Project, Lac de Gras, NWT

15 July 2019

North Arrow Minerals Inc. is pleased to announce the start of a summer exploration program at its 100% owned Loki Diamond Project in the Lac de Gras region of the Northwest Territories, approximately 30 km southwest, and 24 km west of the Ekati and Diavik diamond mines, respectively, and immediately adjacent to the west of North Arrow's LDG Joint Venture Diamond Project with Dominion Diamond Mines. This three-week program will consist of prospecting, till sampling, and ground geophysics to confirm and prioritize targets for follow up exploration drilling in the winter of 2020. This exploration is supported, in part, by a grant from the Northwest Territories' Mining Incentive Program.
Ken Armstrong, President and CEO of North Arrow, commented, "In 2018 North Arrow discovered kimberlite 465 on the Loki Project. At the time, the first new kimberlite discovery in the Lac de Gras region in over 5 years. Since then, the pace of discovery in the region has increased with the reported discovery of at least seven more kimberlites, including last week's announcement of kimberlite in the first hole of a drilling program at North Arrow's LDG Joint Venture Diamond Project with partner Dominion Diamond Mines. These recent discoveries show that this important diamond district remains highly prospective for the discovery of new diamond deposits. North Arrow's summer exploration program at Loki is the first step in potentially adding to this list of recent discoveries by confirming targets for drill testing during the winter of 2020." Please see North Arrow news releases dated April 5, 2018 and July 8, 2019 for details on North Arrow's kimberlite discoveries mentioned above.
The Loki Diamond Project exploration program is managed and directed by Michael MacMorran, P.Geo. (NWT/NU), Project Geologist of North Arrow. North Arrow's diamond exploration programs are conducted under the direction of Kenneth Armstrong, P.Geo. (ON), President and CEO of North Arrow and a Qualified Person under NI 43-101.  Mr. MacMorran and Mr. Armstrong have reviewed the contents of this press release.