The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

Investing

NORTH ARROW SELLS ORO GOLD PROPERTY, NUNAVUT

by admin July 4, 2024
July 4, 2024
NORTH ARROW SELLS ORO GOLD PROPERTY, NUNAVUT

North Arrow Minerals Inc. (TSXV: NAR) (‘ North Arrow’) is pleased to announce it has entered into an asset purchase agreement with Agnico Eagle Mines Limited under which North Arrow has sold its 100% interest in the Oro Gold Property, Nunavut for cash consideration of $1,750,000 .

Ken Armstrong , President and Chief Executive Officer of North Arrow, stated, ‘We are very pleased to finalize this sale of the Oro gold property, representing a non-dilutive injection of cash in support of North Arrow’s ongoing work to identify new exploration opportunities and to evaluate our existing portfolio of Canadian lithium and diamond exploration properties.’

About North Arrow Minerals

North Arrow is a Canadian based exploration company focused on the identification and evaluation of exploration opportunities in Canada . North Arrow’s management, board of directors and advisors have significant successful experience in the global exploration and mining industry. North Arrow is evaluating spodumene pegmatites at its 100% owned LDG, MacKay, and DeStaffany lithium projects (NWT) and also owns interests in the Naujaat (NU), Pikoo (SK), and Loki (NWT) diamond projects. North Arrow’s exploration programs are conducted under the direction of Kenneth Armstrong , P.Geo. (NWT/NU, ON), President and CEO of North Arrow and a Qualified Person under NI 43-101.

North Arrow Minerals Inc.

/s/ ‘Kenneth A. Armstrong’
Kenneth Armstrong
President and CEO

Website: www.northarrowminerals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

This news release contains ‘forward-looking statements’ including but not limited to statements with respect to North Arrow’s plans, the estimation of a mineral resource and the success of exploration activities. Forward-looking statements, while based on management’s best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the successful integration of acquisitions; risks related to general economic and market conditions; closing of financing; the timing and content of upcoming work programs; actual results of proposed exploration activities; possible variations in mineral resources or grade; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; changes in national and local government regulation of mining operations, tax rules and regulations. Although North Arrow has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. North Arrow undertakes no obligation or responsibility to update forward-looking statements, except as required by law.

SOURCE North Arrow Minerals Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2024/02/c4886.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Noble Minerals Initiates Temporarily Delayed Drill Program in proximity to the Location of a 140 kg, Mineralized Boulder Found near Hearst, Ontario
next post
Lo Herma ISR Uranium Project, Resource Drilling Funded

Related Posts

High-Grade Gold Samples extend Clifton East Strike to...

May 22, 2025

Top 7 Canadian Lithium Stocks of 2024

April 16, 2024

Licence Application Granted for Ulytau Uranium Project

September 4, 2024

Fireweed Intersects 44 m true width of 18.98%...

January 23, 2024

Nimbus Zinc Silver Project Update

September 2, 2024

West High Yield (W.H.Y.) Resources Ltd. Announces Amended...

September 21, 2024

Is Quantum Computing the Next Big Tech Trend?

February 7, 2024

AngloGold Sells Two African Assets to Resolute Mining

May 6, 2025

David Morgan: Is This a Gold Price Breakout...

December 6, 2023

Atlantic Lithium

November 28, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,402)
    • Investing (3,381)
    • Politics (4,562)
    • World (4,498)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheInvestmentWhisperer.com | All Rights Reserved