North Arrow Minerals Completes Sale of Lithium Properties to Focus on Gold Exploration

North Arrow Minerals ( (TSE:NAR) ) just unveiled an announcement.

North Arrow Minerals Inc. has completed the sale of three lithium properties in Canada’s Northwest Territories to Li-FT Power Ltd. in exchange for common shares, allowing the company to focus on its gold exploration efforts in Botswana. This transaction provides North Arrow with a stake in Li-FT’s projects while enabling it to carry out advanced exploration activities at the Kraaipan Gold Project, aiming to identify new gold mineralization beneath sand cover.

More about North Arrow Minerals

North Arrow Minerals Inc. operates in the mining industry, focusing on exploration and development of mineral properties. The company’s primary products are mineral resources, and it is currently concentrating on gold exploration in Botswana’s Kraaipan Greenstone Belt.

YTD Price Performance: -5.00%

Average Trading Volume: 60,939

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$3.8M

See more data about NAR stock on TipRanks’ Stock Analysis page.