North Arrow Minerals Inc. (TSXV: NAR) has reported initial lithium assays from spodumene pegmatites discovered in July at the company’s 100% owned LDG Property, Northwest Territories, and that mobilization is underway for a fall exploration programme at the property.
Ken Armstrong, president, and CEO, commented, “We are pleased to confirm significant lithium assays from the SD2 and SD4 spodumene pegmatites discovered this summer at North Arrow’s LDG lithium property. Unfortunately, plans for drilling the property in September were suspended as a result of the wildfires impacting residents of the NWT.”
“However, with thanks to the tremendous work of fire fighters, numerous volunteers, and governments, NWT residents are safely returning to their communities, and we are able to renew field work focused on understanding the size potential of these pegmatites, as well as prospecting for new discoveries within this highly prospective area.”
Highlights of the results include:
- Five of seven representative grab samples from the SD4 spodumene pegmatite have returned from 1.10% Li2O to 2.17% Li2O
- Seven of eight rock sawn channel samples from the SD2 spodumene pegmatite have returned from 0.40% Li2O to 1.70% Li2O
- Based on mapping of low-relief outcrop exposures, SD2 and SD4 are interpreted as steeply dipping feldspar-quartz-muscovite-spodumene pegmatites, estimated at 10-20m wide and over 400m in strike length. The pegmatites are located approximately 2km apart and remain open below overburden along strike
- Spodumene is coarse grained and locally abundant in both pegmatites, reaching 15-20% in some outcrops
The company has initiated follow up exploration field work, with planned work to include mapping, prospecting, and ground magnetic surveys, as well as spotting initial proposed drill holes ahead of a spring 2024 exploration drill programme.
To find out more, please visit www.northarrowminerals.com
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