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By A.J. Roan
Mining News 

Funding for North Arrow lithium projects

Exploration to boost critical mineral property understanding North of 60 Mining News – May 19, 2023

 

Last updated 5/18/2023 at 11:42am

A large outcrop of possibly lithium-bearing spodumene pegmatites at Moose 2.

North Arrow Minerals.

Found at the Moose 2 target at North Arrow's DeStaffany property, this large pegmatite outcrop of pegmatite with lithium-bearing spodumene was discovered as early as 1940.

North Arrow Minerals Inc. May 18 announced that it has raised roughly C$2.7 million to fund exploration of its lithium projects in northern Canada, which will primarily be focused on the company's newly acquired DeStaffany lithium project in Northwest Territories.

The company raised the cash through a C$2.4 million private placement financing and the sale of 0.5% royalty interests in its Loki diam...



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