Ms. Eira Thomas reports

NORTH ARROW COMPLETES 66 HOLES IN 22 DAYS DURING FIRST PHASE OF THE 2025 RC DRILLING CAMPAIGN, KRAAIPAN GOLD PROJECT, BOTSWANA

North Arrow Minerals Inc. is executing a breakthrough exploration program at its Kraaipan gold project in Botswana -- the first systematic exploration of the northern extension of the Kraaipan Archean greenstone belt hidden beneath Kalahari sand cover.

"The 724-square-kilometre Kraaipan gold project represents an exceptional opportunity: a gold-bearing geological system that has never been systematically explored," said Eira Thomas, chief executive officer of North Arrow Minerals. "Located just 40 km north of Harmony Gold's multimillion-ounce Kalgold mine, the belt has remained largely untested due to thin to moderately thick Kalahari sand cover that has defeated traditional exploration methods."

North Arrow and Rockman Resources Ltd. (joint venture partner and in-country operator) are changing that equation with proprietary technology solutions including high-resolution UAV (unmanned aerial vehicle) geophysics and specialized drilling techniques designed specifically for sand-covered terrains.

The continuing exploration program represents exceptional value: for an initial investment of just $1-million (U.S.) in 2025, North Arrow and Rockman are undertaking a regional program that includes:

• Property-wide airborne (remote mapper UAV) magnetics (85 per cent complete);
• Property-wide structural analysis based on southern outcrops and interpretation under sand-cover from magnetics (complete);
• Bedrock sampling and analysis of southern outcrops (complete);
• Please see North Arrow news release dated May 21, 2025, for details:
  • 22 of 89 bedrock samples (approximately 25 per cent) collected from rare outcrop exposures returned anomalous gold values greater than 0.1 gram per tonne gold, including 11 samples returning greater than one g/t gold including six samples greater than four g/t gold, with a highest assay of 10.1 g/t gold, a target to be drilled in third drill rotation.
• RC drill testing of 16 target areas (continuing);
• Up to 220 drill holes across the entire belt (continuing).

Current drilling progress:

• Rotation 1 -- complete: 66 holes testing eight southern targets. An average of six metres of Kalahari overburden per hole was encountered. Samples collected, currently being prepared in Gaborone for shipment to a South Africa-based laboratory for geochemical assay and analysis, include:
  • 67 base of Kalahari (BOK) overburden samples;
  • 149 bedrock samples.

Results are anticipated within approximately six to eight weeks:

• Rotation 2 -- active: 69 holes planned, testing four central targets; thicker overburden anticipated: completion estimated for mid-July;
• Rotation 3 (A&B) -- planned to commence at the end of July.

The opportunity

North Arrow is earning a 60-per-cent interest in the Kraaipan project by investing $5-million (U.S.) by June, 2027. This joint venture represents a rare chance to be first-mover on a belt-scale gold exploration target using cutting-edge technology to overcome historical exploration barriers.

Results from the current program will guide follow-up bedrock drilling in H2 2025 (second half) and 2026, with the aim of identifying new, world-class gold discoveries in this underexplored Archean system.

About North Arrow Minerals Inc.

Vancouver-based exploration company focused on evaluating the Kraaipan gold project. Management and advisers bring significant global exploration and mining experience.

North Arrow's exploration programs are conducted under the direction of Kenneth Armstrong, PGeo (NWT/NU, ON), chairman of North Arrow and a qualified person under National Instrument 43-101. Mr. Armstrong has reviewed and approves the technical and scientific information in this news release.

We seek Safe Harbor.