North Arrow Minerals Inc. (TSXV-NAR) (“
North Arrow”) is pleased to announce it has identified a compelling drill target at the head of a regional kimberlite indicator mineral train at its 100% owned Loki Diamond Project in the Lac de Gras region of the Northwest Territories. The target has been identified from initial results of a recently completed ground geophysics program that included gravity surveys of the north Loki area as well as kimberlite EG05.
The north Loki survey has outlined a new target at the up-ice termination of a prominent and unsourced regional kimberlite indicator mineral anomaly that forms part of what has historically been known as the South Coppermine Train. Initial results from the gravity survey define an elongate gravity low anomaly, over 400m long and 100m wide. The anomaly has a maximum amplitude of approximately 0.35mGal, which is similar in strength to gravity anomalies associated with some of the known kimberlites in the region, including EG05. See below for a preliminary image of the anomaly.