North Arrow Drills 12 m Grading 1.71 g/t Au Within 27 m Grading 1.11 g/t Au at Target AE and 9m Grading 4.04 g/t Au at Target AF, Kraaipan Gold Project, Botswana

Confirms Strike Continuity and Wide Zones of Mineralisation; Identifies New Surface Gold-Bearing Zone in Hanging Wall of Target AE

Vancouver, British Columbia--(Newsfile Corp. - July 15, 2026) - North Arrow Minerals Inc. (TSXV: NAR) (OTCQB: NHAWF) (FSE: 9TB) ("North Arrow" or the "Company") today reports assay results from Rotation 2 reverse circulation ("RC") drilling at Targets AE and AF and the discovery of an exposed gold-bearing zone in the hanging wall of Target AE, as part of the Company's US$2.3 million 2026 exploration program at the Kraaipan Gold Project ("Kraaipan") in southern Botswana. Drilling confirmed wide zones of gold mineralization in altered banded iron formation ("BIF") that are continuous along the drill-tested strike at both targets — 260 m at AE and 450 m at AF — with highlight intercepts including 27m @ 1.11 g/t Au at AE and 9m @ 4.04 g/t Au at AF, detailed below. The Kraaipan Project is a significantly underexplored, gold-endowed system masked by shallow Kalahari sand cover that represents the direct northern extension of the Archean greenstone terrane hosting Harmony Gold's multi-million-ounce Kalgold Mine, 40 km to the south.

Key Highlights

• Rotation 2 RC drilling results overview (Targets AE and AF) - results demonstrate and confirm the strike continuity of gold mineralization within thick domains of altered BIF and ferruginous chert at both Target AE and AF. Anomalous gold mineralisation was intersected in 21 of 22 completed RC holes. Mineralization is open along strike and at depth at both targets, the presence of mineralised hanging wall and footwall zones to the main targets is observed at both AE and AF.

• Gold mineralization confirmed along 260 m of strike at Target AE - bedrock gold intercepts were returned in all 8 RC holes (479 m) spaced along the 260 m strike length interpreted from previous surface sampling. Higher grade intervals (e.g. KR26-040, 1.71 g/t Au over 12 m within a wider 27 m @ 1.11 g/t Au from 27 to 54 m) in each RC hole occur in thick zones of altered and gold mineralised ferruginous chert and altered BIF. Six of the eight holes returned wide intervals (13 to 35 m) grading greater than 0.5 g/t Au. In addition, mapping and sampling has identified a new Au-bearing zone (one surface grab sample of seven collected returned a high value of 6.7 g/t Au), with a currently mapped strike extent of 200m situated 15-20 m in the hanging wall of the AE target, this zone has not been drill tested.

• Gold Mineralization confirmed along 450 m of strike length at Target AF - bedrock gold intercepts were returned in 13 of 14 RC holes (719 m). Drilling occurred in 4 grids spaced along the interpreted 460 m of strike length. Higher grade intervals are present within thicker sections of altered BIF with anomalous gold. The southern grid returned significant intercepts of 9 m @ 4.04 g/t Au from 11-20 m (KR26-021), including 3 m @ 7.21 g/t Au (16-19 m).