North Arrow Minerals (TSXV: NAR) reported new lithium assays from its 100%-owned MacLake lithium property in Northwest Territories. The project is in its earliest stages, but six of eight rock sawn channel samples returned lithium oxide (Li2O) assays of 1.16%, 1.34%, 1.87%, 1.90%, 1.93%, and 2.30% from the MK1 spodumene pegmatite outcrop.
Earlier grab samples returned assays between 2.45% and 3.74% Li2O.
North Arrow believes the MK1 structure is a series of irregular sub-parallel pegmatite dykes ranging from 0.5 metre to greater than 10 metres in width. The spodumene mineralization amounts to as much as 20% of the pegmatite exposures with crystals ranging from 2 to 4 cm in length. The interpretation is based on only limited field mapping.
The MacKay property is adjacent to the Lac de Gras winter road. The company is also exploring for lithium in Nunavut.
More information is posted on www.NorthArrowMinerals.com.