NORTH ARROW COMMENCES 2026 EXPLORATION PROGRAM AT KRAAIPAN GOLD PROJECT, BOTSWANA

Executive Summary

• North Arrow Minerals announced the start of its 2026 exploration program at the Kraaipan Gold Project in Botswana, with an approved budget of US $2.3 million—almost double the prior year’s spend.
• The program will commence Phase 1 RC drilling in early March targeting high‑grade surface intercepts (e.g., 68.5 g/t Au sample and a 30 m @ 1.56 g/t Au drill intercept) and includes four rotation drilling campaigns, extensive geophysical surveys, and expanded geochemical work.
• Recent 2025 field work identified six gold‑anomalous zones; surface grab samples returned multiple high‑grade assays (up to 68.5 g/t Au), and additional assay results are expected by the end of Q1 2026.

Key Details

• Budget & Scope: US $2.3 million approved for 2026 program, covering four RC drilling rotations, high‑resolution magnetic surveys (~11,000 line‑km), UAV geophysics, drone imaging, and extensive lithogeochemical analysis.
• Drilling Plan – Rotation 1: Up to 20 angled RC holes (≈1,130 m total) at Target A, focusing on four priority zones; drilling to start first week of March, lasting ~3 weeks.
• Rotations 2‑4:
• Rotation 2 (late April): Angled RC drilling at Targets K, AE, AF.
• Rotation 3: Vertical RC drilling targeting new regional targets (40–60 shallow holes, 5–10 m depth).
• Rotation 4: Follow‑up on strongest results, potential core drilling on selected targets.
• 2025 Program Highlights: US $1.2 million spent; 175 RC holes (4,974 m) completed; 754 RC samples collected; identified six gold‑anomalous areas.
• Key Surface Assays (2025):
• Target A: five of six grab samples – 68.5 g/t Au, 7.99 g/t Au, 5.12 g/t Au, 3.28 g/t Au, 1.81 g/t Au.
• Target K: one of seven samples – 10.7 g/t Au.
• Target AE: single sample – 1.27 g/t Au.
• Pending Assays: 31 surface samples from Targets AE, AF, K collected in Feb 2026; results expected before end of Q1 2026.
• Geophysical Work: Remote Mapper airborne survey completed over NE property; high‑resolution magnetic surveys to finish remaining ~11,000 line‑km; UAV and drone imaging planned for priority areas.
• Lithogeochemical Program: >500 RC chip samples slated for hyperspectral analysis; ongoing host‑rock characterization.
• Strategic Context: Kraaipan lies within the same greenstone belt as Harmony Gold’s Kalgold Mine (0.618 Moz @ 1.03 g/t Au reserves, 2.2 Moz @ 0.93 g/t Au resources). North Arrow can earn up to an 80% interest via a US $5 million option structure (US $1 million already committed).
• Management Quote: CEO Eira Thomas emphasized the high‑grade surface results, the expanded budget, and the goal of defining resource potential through angled RC drilling and regional assessment.

Notable Quotes

“Our focus in 2026 is to advance the best targets identified last year—beginning with Target A… With an approved budget of up to US $2.3 million, almost double our investment in 2025, we are well‑positioned to build on last year's proof of concept campaign and move toward defining the resource potential of these discoveries.” – Eira Thomas, CEO, North Arrow Minerals

All forward‑looking statements are subject to risks and uncertainties; actual results may differ materially.