North Arrow Minerals Inc. has announced significant progress in its exploration of the Kraaipan Gold Project in Botswana, with magnetic surveys nearing completion and a drilling program scheduled to start in May. The project aims to identify gold deposits beneath Kalahari sand cover using advanced exploration techniques. North Arrow is committed to investing significantly in the project, strengthening its presence in the mineral-rich Kraaipan Greenstone Belt.
North Arrow Minerals Inc. (TSXV: NAR) has released an update regarding the Kraaipan Gold Project in Botswana, highlighting that the detailed magnetic surveys are currently 80% complete. The Kraaipan Project encompasses a substantial area of 724 km² located within the Archean greenstone terrain, specifically the Kraaipan Greenstone Belt (KGB), known for its potential in gold and base metal discoveries. Historically, this area has received minimal exploration due to a thin overburden covering the region, predominantly composed of Kalahari sands and gravels, which impedes traditional exploration techniques.
The CEO of North Arrow, Ken Armstrong, emphasized the importance of utilizing state-of-the-art technology, such as the Remote Mapper UAV magnetic surveys and an enhanced reverse-circulation (RC) drilling platform, to identify and assess key targets at the Kraaipan Project. The ongoing magnetic surveys allow for extensive mapping of structural and bedrock features, which are expected to be completed by April, paving the way for further exploration efforts. Following this, a three-month RC drilling program is set to commence in May to test identified priority targets.
The Remote Mapper system has effectively gathered over 21,000 line kilometers of high-quality magnetic data in the Kraaipan Project area, utilizing precise 25m line spacing and 30m elevation. Current geological assessments focus on understanding the structure and stratigraphy of banded iron formation (BIF) outcrops, critical for identifying potential gold deposits under the Kalahari cover. The integration of past drilling results will help guide further exploration and increase the confidence in future drilling targets.
One of the main aims of the upcoming drilling program is to collect geochemical samples to identify potential gold mineralization zones. An optimized RC platform is expected to significantly enhance efficiency, allowing the project team to drill multiple holes daily. This initiative aligns with the long-term objective of discovering gold showings that warrant further exploration in the subsequent years.
The Kraaipan Gold Project encompasses three mineral concessions across a 60 km strike within the KGB, a well-known mineral-rich region straddling Botswana and South Africa. The area has historically faced challenges in exploration due to the thick Kalahari overburden, which varies in depth but often exceeds 20m. With past exploration indicating local gold deposits, North Arrow is committed to uncovering BIF-related mineralization beneath this cover, leveraging partnerships and innovative exploration techniques.
North Arrow seeks to secure a 60% interest in the Kraaipan Project by investing $5 million by June 30, 2027, including a $1 million commitment by June 30, 2025. The exploration initiatives are overseen by Kenneth Armstrong, a recognized professional in the mining sector. The firm continues to balance its activities between the Kraaipan project and its diamond interests across various Canadian sites.
North Arrow Minerals Inc. is advancing its exploration of the Kraaipan Gold Project in Botswana, employing innovative surveying and drilling technologies. With 80% of magnetic surveys completed and a drilling program set to begin in May, the company aims to identify and evaluate prospective gold deposits beneath challenging overburden. This thorough approach, combined with strategic partnerships, positions North Arrow to enhance its exploration success in the promising KGB region.
Original Source: www.juniorminingnetwork.com
