North Arrow Minerals (TSXV: NAR) is checking out 3 lithium jobs in the Northwest Territories, and in a discussion with the Investing News Network, President, Director and CEO Ken Armstrong went over how the Canadian area compares positively to other areas of the world in regards to chance for explorers.
” It’s a potential area,” Armstrong stated. “What’s drawing in explorers is the reality that the setting is right. There were understood spodumene pegmatites in the area, especially around Yellowknife. Which’s the essential focus of most likely the most sophisticated business in the area, Li-FT Power (CSE: LIFT, OTCQX: LIFFF). They’re drilling those off, showing up, grades exist, densities exist. The tonnage capacity is considerable.”
The Northwest Territories is less sophisticated and a little less popular, according to Armstrong. Although it is still possible to visualize how operations might work, he thinks the essential part is the geology that’s existed. “The deposits need to exist, and we’re seeing that they are.”
North Arrow Minerals has actually obtained the completely allowed Mackay, Destaffany and LDG lithium jobs in the Northwest Territories, and the business is presently preparing these possessions to be drilled in 2024.
See the complete interview with North Arrow Minerals President, Director and CEO Ken Armstrong above.
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