North Arrow Minerals Inc. has reported results from 44 regional reconnaissance reverse circulation holes completed during Rotation 3 at the Kraaipan Gold Project in southern Botswana, highlighted by a new gold-in-bedrock occurrence at Target AM.

Hole KR26-081, drilled on the western end of transect 8a within Target AM, intersected 32 metres of Kalahari sand cover before entering altered banded iron formation with quartz veining, returning 0.21 g/t gold over 5 metres to end at a depth of 37 metres. Two additional holes at Target AH also returned anomalous bedrock gold in iron-stained, quartz-veined banded iron formation beneath the Kalahari cover.

The Kraaipan property covers approximately 724 square kilometres of mineral concessions across the northern extension of the Kraaipan Greenstone Belt. North Arrow holds the option to earn up to an 80% interest in the project from Rockman Resources through a First Option to invest US$5 million over three years, alongside a Second Option upon completing a Preliminary Economic Assessment.

With the completion of Rotation 3, North Arrow has commenced Rotation 4 reverse circulation drilling at Target AE. The 15-hole program is designed to test strike and down-dip continuity across an interpreted 1,000-metre strike length. To accommodate this work, expanded rock sampling, and additional soil sampling grids, the company has increased its 2026 exploration budget from US$2.3 million to US$2.86 million.

“Rotation 3 drilling has extended known bedrock gold mineralization at Kraaipan a further 9 km north of Target AE, and 16 km north of Target A, and has identified new target areas worthy of follow-up. Our priority remains Target AE, where drilling to date has delivered traceable zones of mineralization with widths and grades comparable to the BIF-hosted zones being mined at Harmony's Kalgold Mine, 40 km to the south in the same belt. Rotation 4, now underway, is testing the interpreted 1,000 m strike length and the down-dip extension of the 27 m at 1.11 g/t Au intersected earlier this year. We have increased the 2026 budget to US$2.86 million to accommodate this work and expect results in the fourth quarter.”

— Eira Thomas, Chief Executive Officer

Assay results from the Rotation 4 drilling program at Targets AE and AF are expected in the fourth quarter of 2026.

Read the full announcement: North Arrow Identifies New Anomalous Gold-in-Bedrock Occurrence Beneath Kalahari Sand Cover at Target AM and Commences Rotation 4 RC Drilling at Target AE, Kraaipan Gold Project, Botswana