Experienced Northern Exposure
Stock Code:
TSXV: NAR
Company Exposures:
Lithium, Gold, Diamonds
Project Location:
Canada
North Arrow is a Canadian based exploration company focused on the identification and evaluation of lithium and other exploration opportunities in Canada.
North Arrow’s management, board of directors, and advisors have significant successful experience in the global exploration and mining industry.
North Arrow is evaluating spodumene pegmatites at its 100% owned LDG, MacKay, and DeStaffany Lithium Projects (NWT) and is also exploring for lithium in Nunavut at the Bathurst Inlet pegmatite field and continues work to identify additional lithium exploration opportunities in northern Canada. North Arrow also owns interests in the Naujaat (NU), Pikoo (SK), and Loki (NWT) Diamond projects and maintains a 100% interest in the Hope Bay Oro Gold Project, located approximately 3km north of Agnico Eagle’s Doris Gold Mine, Nunavut.
Investment Highlights – Assessing a Junior Explorer
Good Management
- Decades of successful experience exploring Canada’s north — contacts, relationships, data, knowledge
- Two discoveries made by chairman, Gren Thomas, that have become mines — Diavik Diamond Mine and Nechalacho Rare Earth Mine
- Experience exploring for spodumene pegmatites in Nunavut, NWT, and the Carolinas 2009-10
Good Projects
- Sizeable spodumene deposits close to infrastructure in the Northwest Territories Review of historical GSC map led to confirmation of spodumene pegmatites with significant size potential, located within the scope of the already permitted, LDG project
- DeStaffany project — a Yellowknife Pegmatite Province deposit near barge to rail infrastructure
Good Timing
- Lithium demand is strong with >10% supply gap forecast by 2030
- Spodumene is the desired product for Li-ion batteries
- Market will reward those who can get to production quickly – North Arrow focused on lithium projects that have that potential, located close to active infrastructure