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NORTH ARROW CLOSES SALE OF NWT LITHIUM PROPERTIES TO Li-FT POWER
NORTH ARROW CLOSES SALE OF NWT LITHIUM PROPERTIES TO Li-FT POWER Canada NewsWire ...
About this update from North Arrow Minerals Inc.
[{"type":"text","content":"\n\n\n\n NORTH ARROW CLOSES SALE OF NWT LITHIUM PROPERTIES TO Li-FT POWER\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n Trading Symbol:  TSXV: NAR\n \n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Jan. 23, 2025\n \n\n /CNW/ -\n \n North Arrow Minerals Inc.\n \n (TSXV: NAR)\n \n (\"North Arrow\" or the \"Company\")\n \n is pleased to announce it has closed the previously disclosed sale of three lithium properties located in\n \n Canada's\n \n\n Northwest Territories\n \n to Li-FT Power Ltd. (\"\n \n Li-FT\n \n \") (TSXV: LIFT) in exchange for 250,000 common shares of Li-FT.\n \n\n\n\n\n\n\n\n\n\n Ken Armstrong\n \n , President and CEO of North Arrow, stated, \"Closing of this sale provides North Arrow with exposure to the continued evaluation of these NWT lithium properties as well as Li-FT's advanced Yellowknife Lithium Project, while allowing our team to focus on exploration of the Kraaipan Gold Project in\n \n Botswana\n \n , where detailed structural mapping and interpretation work will soon begin, complementing ongoing geophysical surveys and geochemical baseline analyses. Priority target areas identified from this work will be tested as part of a reverse-circulation drilling program in Q2 2025.\"\n \n\n On closing the property sale, North Arrow has transferred to Li-FT a 100% interest in the DeStaffany, LDG and MacKay lithium properties, subject to existing royalty interests on the DeStaffany and LDG properties, and has received 250,000 common shares of Li-FT, which are subject to a statutory hold period of four months from the date of receipt.\n \n\n\n About the Kraaipan Gold Project,\n \n Botswana\n \n\n\n\n The Kraaipan Gold Project is comprised of three mineral concessions covering the 60 km strike extent of the Kraaipan Greenstone Belt in\n \n Botswana\n \n . The KGB is a highly prospective Archean greenstone belt that straddles the\n \n Botswana\n \n -\n \n South Africa\n \n border, with proven mineral endowment including\n \n Harmony Gold's\n \n Kalgold gold mine in\n \n South Africa\n \n , appro...