North Arrow Minerals Inc. reported lithium assay results from fall 2023 exploration work at its 100% owned MacKay and LDG Lithium Projects in the Northwest Territories. The two properties are located 10km apart, along the alignment of the annual winter road connecting Yellowknife with the Diavik diamond mine, approximately 13km to the north of LDG. Highlights of these assay results include: At the MacKay Project, 14 of 17 samples collected from the newly discovered MK3 pegmatite have returned over 1% Li2O, including 5 representative grab samples returning 5.25%, 4.08%, 2.71%, 1.92% and 1.10% Li2O.

A composite rock sawn channel sample from MK3 returned 2.10% Li2O over 4 metres. A prospecting sample has returned 5.57% Li2O at the southern end of a newly mapped 200m long subcropping spodumene pegmatite approximately 120m west of the main SD2 pegmatite showing. The MK3 spodumene pegmatites was discovered this fall, and is a prominent 15 to 20m wide, white pegmatite exposure with common 2-30 cm long spodumene crystals.

MK3 has been traced near continuously for approximately 130m and remains open along strike to the west. These results build on earlier sampling, from which 10 of 12 rock samples returned over 1.1% Li2O and extend confirmed spodumene mineralization at MK1 to a total strike length of 450m. The MacKay project area has also been expanded to 8,661ha with the staking of additional mineral claims and hosts additional evolved pegmatite occurrences that require follow up evaluation in 2024.

New assays from the SD2 target area on the LDG property extend confirmed spodumene Mineralization 260m northwest with three representative grab samples returning 3.19% Li2O, 1.53% Li2O and 1.46% Li2O. In addition, a separate, subcropping pegmatite has returned 5.57%Li2O. The discovery of several subcropping pegmatites in the SD2 area, adjacent to the main pegmatite showing, support the concept that multiple subparallel pegmatites occur in these target areas with the same size potential as seen at the spodumene peg Matite occurrences in the Yellowknife Pegmatite Province.