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

North Arrow Minerals Inc. (NAR) has reported results from 44 regional reconnaissance reverse circulation (RC) holes completed during Rotation 3 at its Kraaipan Gold Project in Botswana. The program identified new gold-in-bedrock occurrences and extended known mineralization, prompting the company to commence Rotation 4 RC drilling at Targets AE and AF. This next phase is supported by an increased 2026 exploration budget of US$2.86 million.

During Rotation 3, 44 vertical RC holes totaling 1,639 meters were drilled across 10 fences in five target areas: AI, AK, AG, AH, and AM. The average depth to bedrock was 31 meters, with a maximum of 45 meters. A total of 14 base of Kalahari (BOK) and 143 bedrock (BR) samples were collected. No anomalous gold samples were returned from Rotation 3a, which covered Targets AI and AK. In Rotation 3b, three holes were abandoned before intersecting bedrock.

A new gold-in-bedrock occurrence was identified at Target AM. Hole KR26-081 returned 0.21 g/t Au over 5 m beneath 32 m of Kalahari cover. The specific intercepts from Target AM included:

• KR26-081: Intersected 32 m of Kalahari cover, then 5 m of altered BIF with quartz veining returning 0.21 g/t Au (reported as 0.21 ppm Au in body, consistent with g/t for bedrock samples) from 32-37 m depth.
• KR26-086: Returned an upper BR sample of 0.19 ppm Au over 1 m (31-32 m), with two underlying samples of 0.08 and 0.03 ppm Au.
• KR26-084: Returned a BOK result of 0.041 ppm (30-31 m) from BIF-dominated cover material.

Five of the 44 Rotation 3 holes returned gold values greater than 0.02 ppm Au.

Anomalous gold values were also returned from Target AH, extending known bedrock gold occurrences beneath Kalahari sand cover approximately 9 km north of Target AE and 16 km north of Target A. Two holes returned anomalous bedrock gold in iron-stained, quartz-veined BIF. The specific intercepts from Target AH included:

• KR26-060: Returned four continuous bedrock samples (7 m) with Au ranging from 0.033 to 0.036 ppm from 18-25 m depth.
• KR26-061: Returned a 1 m BR intersection of 0.05 ppm Au at 24-25 m depth.

The company has commenced Rotation 4 RC drilling at Targets AE and AF, with expected results in Q4 2026. At Target AE, a minimum of 15 holes are planned at a 60-degree angle with a 275-280° azimuth and 60 m step-outs to test 1,000 m of strike length and down-dip continuity. This follows a previous high-grade intersection at Target AE where KR26-040 returned 27 m @ 1.11 g/t Au. At Target AF, four shallow RC holes are planned to test the southern strike extent of mineralization intersected in KR26-021, which returned 4.04 g/t Au over 9 m from 11-20 m.

Samples were shipped to ALS Johannesburg for analysis. Preparation involved coarse crush (CRU-21) and pulverization (PUL-21) to greater than 85% passing 75-micron. Gold analysis was conducted via fire assay with ICP-AES finish (method code Au-ICP22, 50-gram sample). Samples greater than 10 ppm Au were subjected to check assays using fire assay with gravimetric finish (method code Au-GRA22, 50-gram sample). Major and trace elements were analyzed via lithium borate fusion/acid digestion using ICP-AES and ICP-MS. Quality assurance and quality control measures included duplicates and certified reference materials (CRM) inserted at approximately one per 20 samples.

Reported intercepts do not represent true widths. Dr. John Armstrong, Ph.D., P.Geo., President and COO, reviewed and approved the release.