Kraaipan Project and Corporate Update as of October 15, 2025

narminerals 0 views 28 slides Oct 16, 2025
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About This Presentation

North Arrow corporate and Kraaipan Project update following the release of assays from the first 109 holes of RC drilling from this past summer's regional overburden and bedrock RC drilling campaign. Assay results remain from the final 66 holes completed during the campaign and are expected to ...


Slide Content

Kraaipan Project
A Botswana Greenstone
Belt Exploration Opportunity

October 15, 2025

NORTH ARROW EEE

MINERALS INC

FORWARD-LOOKING INFORMATION

This presentation contains projections and forward-looking information that involve various risks and uncertainties, including,
without limitation, statements regarding the potential extent of mineralization, resources, reserves, exploration results and plans
and objectives of North Arrow Minerals Inc. These risks and uncertainties include, but are not restricted to, the amount of
geological data available, the uncertain reliability of drilling results and geophysical and geological data and the interpretation
thereof and the need for adequate financing for future exploration and development efforts. There can be no assurance that such
statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such
statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of
management on the dates they are made and are expressly qualified in their entirety by this notice. The Company assumes no
obligation to update forward looking statements should circumstances or management's estimates or opinions change.

Disclosure of a scientific or technical nature related to North Arrow's projects in this
QUALIFIED PERSON presentation has been reviewed and approved by Ken Armstrong, Chairman of the Board for
UN DSIRE MM North Arrow and a Qualified Person under NI 43-101.

NORTH ARROW ff

MINERALS INC

North Arrow is a Canadian company focused on the
identification and evaluation of exploration opportunities.

NAR : TSXV

North Arrow’s management and directors have a
successful track record of resource disCôyery and
development in Canada and Africa.

NORTH ARROW

MINERALS INC

(President and CEO) Extensive exploration and
development experience in Canada and Botswana; Former officer &/or
director Lucara, Suncor, Aber, Kaminak.

(Chairman, P.Geo.) 25+ years exploration &
evaluation experience w/ Diavik, Aber, and others. Past President NWT
& Nunavut Chamber of Mines. Director Cornish Metals.

(Director) More than thirty years of experience
in senior management of private and public companies.

(Director) 25+ years of experience in
northern mineral exploration and aviation industries

(Advisor) 20+ years Canadian,
African and other international CSR & ESG experience.

yn NORTH ARROW BEEN UNE
BOTSWANA

THE KRAAIPAN GREENSTONE BELT| |]

Option to earn up to an 80% interest in

Kraaipan Greenstone Belt Property, southern Botswana

WORLD-CLASS EXPLORATION TEAM. a

PE
with a DISCOVERY TRACK RECORD x

BOTSWANA FOCUS

BELT-SCALE OPPORTUNITY

GOLD & BASE METAL OPPORTUNITY

na Na

Greenstone Belt with
Blue Sky Potential

Project generated by specialists in
sub-Saharan exploration

Deploying cutting-edge proprietary
technologies to rapidly advance
projects in this under-explored region

Located in Africa's premier miner-
friendly / investment jurisdiction

>60km of the highly prospective
Kraaipan Greenstone Belt under
licence located on trend ~40km north
of Harmony Gold's Kalgold multi-
million ounce open-pit gold mine

NORTH ARROW WHY INVEST...
MINERALS INC In NORTH ARROW MINERALS
SATISFIES THE INVESTMENT CRITERIA |
EVERYTHING YOU NEED TO SEE IN A JUNIOR MINING OPPORTUNITY

MANAGEMENT - Well-renowned team with a history of wealth creation for
shareholders in the gold and diamond sectors (Eira Thomas, Ken Armstrong).
KEY SHAREHOLDERS - 29%; incl Ross Beaty (7.5%), Management / Directors (15%)

OPPORTUNITY -60 km strike length of underexplored Botswana; proven gold
endowment of rocks south of Botswana’s border - Harmony’s Kalgold ; year-round exploration

CATALYSTS - Proprietary RC platform drilled 175 RC holes testing 16 different targets May through
August; assays for first 109 RC holes outlined five Au-anomalous areas; assays on 66 holes pending.
Results will guide next steps - likely to include near-term RC drilling follow-up and core drilling to follow.

ATTRACTIVE SHARE STRUCTURE -28 million shares low market cap with big upside potential.

PA NORTH ARROW ff BOTSWANA
BOTSWANA [AN ATTRACTIVE JURISDITION FOR INVESTMENT | |

Botswana

FRASER|
Institute!

2022 Global Policy Perception Index - Botswana ranked 2"4
2022 Investment Attractiveness Index - Botswana ranked 10

Has a stable and functioning democracy, predictable mining legislation
and transparent, consistent framework for mining companies.

Diamond industry has led to well-developed infrastructure including
transport, water, power and telecommunications.

Mining is the cornerstone of economy; government actively seeking
investment in mining and exploration; with the diamond sector
slowdown, eager to diversify into other mineral resources.

Recent development projects include:
1. Lucara Diamonds: mine expansion from open pit operations to underground KRAAIPAN GOLD PROJECT.
2. MMG: Khoemacau Cu-Ag mining development.

3. Sandfire Resources: Motheo Cu-Ag mining development

A NORTH ARROW BEST GOLD PROJECT _|

BOTSWANA

Legend
International Boundaries *
5 EastAfican Rt
Mineral Deposits and Mines
+ Coal
Copper, Cobalt, Lead, Zinc and Associated Minerals
Diamonds - Kimberite
Diamonds - Marine and Aluvial
Gold and Associated Minerals
Heavy Mineral Sands
Industrial Minerals - Phosphate and Potash
Iron
© Manganese
© Nickel
Oil and Gas
‘© Platinum Group and Associated Metals
Uranium, Tin and Rare Eart Elements
— Platinum-Chromite Zone
Interpreted Suture Zone / Major Shear Zone
[Geological Framework

IE craton Nucia:
Orogenis Bel’Shield

Phanerczoie Cover Rocks

KAAPVAAL CRATON |_|

The Kaapvaal craton is a prolific locality for gold,
PGE and base metal deposits in South Africa...

M --Butless so
_d in Botswana

Kaapvaal
Craton

BOTSWANA

$ NORTH ARROW ff

+ Kalahari Desert sands
cover >70% of Botswana - has
hindered exploration of many
prospective areas.

+ South Africa is twice the size of
Botswana but boasts 5 times as
many mines; despite very similar
geological potential.

Kaapvaal
: : Craton
South Africa has 552 mines

Botswana has just 116 mines*

‘from Africa Mining 1Q Website)

\
MA MINERALS INC

B) Orapa

Debswana - Diamonds

®) Lethlakane
nen

©) Karowe
or

D) Damtshaa

Debswana = Diamonds

E) Jwaneng

Lucara - Diamonds

i Kalahari Sand Cover

\ NORTH ARROW |

EXPLORATION AND MINING ACTVITIY IN BOTSWANA* | |

"NOT AN EXHAUSTIVE LST

@ Selebi Mine

Nexetls Mining- Mi Cu
Current on C&M; restoring

@ Selkirk Mine
"extras Miing- Ni Co
Cunenty on C80 restarting

8 «ui

Giyani Metals- Mn

© Khoemacau

Zones & Boseto
MG cu

© Motheo Mine

Sandhre Resources Cu

@ Mupane Mine

For sale Au

Kraaipan Gold Project
North Arrow Au

PIN NORTH ARROW BEST GOLD PROJECT _|

BOTSWANA WELL-ENDOWED GREENSTONE BELT| |]

= 724 km? mineral concession in southern Botswana covering
the entire ~60km northern extension of the Kraaipan

Greenstone Belt (KGB);
= On trend from the multi-million-ounce Kalgold Mine, South
Africa; other greenstone belt related deposits in the area. pen
leposi

= >80% of the KGB in Botswana is covered by Kalahari sands -
poor exposure = underexplored opportunity!

* A first-pass 3,800m Rotary Air Blast (RAB) drill program in the
late-90's confirmed anomalous gold mineralisation over a 10
km strike length of outcropping & interpreted iron formation.

PIN NORTH ARROW | KRAAIPAN GOLD PROJECT |

BOTSWANA

KRAAIPAN
PROJECT

sravoenpunc /”|

REGIONAL TECTONIC SETTING

THE COLESBURG LINEAMENT

3.1 to 2.9 Ga crustal-scale suture zone

Formed when the Kimberley and
Witwatersrand Terranes collided - the
Colesberg Orogeny

Proximity of Kraaipan Project to the
Colesberg Lineament provides a
compelling belt-scale exploration
opportunity.

Crustal scale structures are important
indicators for Archean gold
mineralization.

JA NORTH ARROW DEEE EEE

BOTSWANA

O) KalGold Mine, South Africa
Mining the Kalahari Goldridge Deposit

+ Located 40 km south of the Kraaipan Project licenses, within
the same greenstone belt.

+ Started mining in 1995 (acquired by Harmony in 1999).
+ Harmony Gold's Mineral Resources and Mineral Reserves, June
2024

+ P&P Reserves: 0.645 Moz @ 1.07g/t Au

+ M&l Resources: 1.60Moz @ 1.19g/t Au

+ 2024 Production: 45,815 oz at a grade of 0.96 g/t
+ Average annual production (25 years): 52,597 oz
+ Cut-off Grade : 0.58 g/tonne

O Er + Total production plus current resources = >3.5 million ounces.
Ming Oe eats a
A a ae + Mineralized areas extend beyond Mineral Resource Limits.

yn NORTH ARROW MENT

BOTSWANA PROPRIETARY, REVOLUTIONARY TECHNOLOGY | |

*Rockman Resources is a private company owned by the Mineral
Services Group (MS Group) and based in Gaborone, Botswana

ROC AN In-house proprietary technologies to provide a first- time exploratory
window into high potential, sand covered areas of Kraaipan Greenstone Belt
—nssounces u —

Remote Mapper UAV - High resolution geophysical data

Proprietary Drilling Services - Truck mi
wide drivability, all-seasor

collecting gec

testing priorit

In-House Sample Processing - Sample prep of RC samples to.
happen before shipping to South Africa; less material to ship;

quicker turnaround.

NORTH ARROW

MINERALS INC

pa — y
* Provides mag data at a resolution currently only associated with ground mag surveys.
* Remote Mapper can produce 1000 line-km per day of data; ground mag produces “20 line-km of data per day.

NORTH ARROW |

Optimization of mobile RC drill platform reduced vehicles to
two; air compressor truck tows a trailer-mounted RC drill rig;
pick-up truck carries drill tubes.

* Pickup-truck-to-drill flow of drill rods; no unloading; efficient.

yn NORTH ARROW [ff] RAAIPAN (

BOTSWANA Stage 1, US$1 M, 12 Month Earn-in Work Plan Complete |_|

resolution magnetic survey

© Conducted high-res (25 m line-spacing) Remote Mapper mag surveys of project area

Detailed structural mapping, interpretation & target generation

© Based on high-resolution magnetic data & field follow-up - completed detailed structural mapping and interpretation
© Update geological mapping to assist with target generation for RC program.

Drill test compelling Banded Iron Formation (BIF) & structural gold targets
© Tested prioritized targets with overburden reverse-circulation drilling over 16 target areas.
+ Sample the “base of Kalahari” and bedrock for Au & pathfinder elements
+ Results of first 109 holes outlined 5 anomalous areas for follow up.
+ Results of remaining 66 holes pending - due late-October 2025

Additional reverse-circulation, possibly core drilling- TBD based on final results (H2 2025)

© Target key prospective targets to constrain geology and mineralization
Program design based on results from overburden drilling and soil sampling

\ MINERALS INC

Samples mostly BIF or quartz veins with
varying degrees of alteration and sulphide
mineralization

Submitted for Au analysis by fire assay, as
well as whole-rock analysis (major and
trace elements).

Eleven samples > 1 g/t with 4 samples > 5
PPM (1 g/tAu= 1 pom Au)

Ln NORTH ARROW Ül
89 grab samples taken from outcropping banded
iron formation (BIF) in the south of the property

SAMPLES TAKEN IN SUPPORT OF STRUCTURAL MAPPING PROGRAM] _

NORTH ARROW [ff 2025 RC DRILLING PROGRA
BOTSWANA THREE MONTH! FOUR AREAS| __

ROTATION || * Started mid-May 16'
+ 8 target areas - 13 fences; 66 holes over 22 field days
Last day of Rotation 1 was June 8",

Month

Drilling re-commenced June 26
+ 43 holes in 21 days over 3 targets
Last day of Rotation 2 was July 15

* Drilling to re-start 1* week of Aug; four target areas
+ 7 fences; 66 holes including 10.1 g/t sample
Drilled to 20" of August

175 holes
TOTAL , Completed

Lab results pending for

——

y NORTH ARROW 2025 RC DRILLING PROGRAM
BOTSWANA FIRST 109 RC HOLES RETURNED ANOMALOUS AU IN FIVE AREAS

Target area

© Rcdrillhole

a posse ar

Highly
magnetic
probable BI

Legend

© Rcorilhele

Qu rss or

Highly Target Areas for
me Potential Follow Up

À

Target AF - hole KR25-060

NORTH ARROW ff

MINERALS INC

0.43 g/t Au over 10m (including 0.71
g/t Au over 3 m); hole ended at 10m
Located near surface sample
returning 3.65 g/t Au

Vertical RC drill hole ended at 10m
Hosted in BIF, average overburden
thickness in area: 9m

Legend

Target area

© RDrlhole

@ postie a

Target AE - hole KR25-051

0.90 g/t Au over 4 min within 0.40
g/t Au over 13 m

Vertical RC drill hole ended at 13 m
depth

Hosted in quartz-hematite
fault/alteration zone

‘Average overburden thickness in
area: 4m

BOTSWANA

JA NORTH ARROW 2025 °C DRILLING PROGRAM KRAIPPAN |

RC drilling of Area 3A

Results pending for 66 holes
2

PIN NORTH ARROW |

BOTSWANA

The 1* Opti North Arrow can earn a 60% interest by incurring
Agreemel USS5M in exploration expenditures over 3 years:

First Option —
i. US$1M in exploration expenditures by June 30, 2025 (firm commitment); NAR 60%
ii, An additional US$2M in expenditures by June 30, 2026
ii, An additional US$2M in expenditures by June 30, 2027.

Grant NAR the option to earn an additional 20% - the PEA Option

PEA Option —

The PEA ff NAR can earn an additional 20% interest by completing a NAR 80%
Option ff Preliminary Economic Assessment (“PEA”) of the project

23

PIN NORTH ARROW Ü INVESTING IN

MINERALS INC BOTSWANA] |

RE A

ES

Ke
FES de

+ Highly experienced and successful management team with a long history
of mine-finding experience in Canada and Africa

«+ Kraaipan Greenstone belt - underexplored belt-scale opportunity with
proven gold endowment; located in mining friendly Botswana

«+ New discovery potential budget friendly, regional RC drill program complete;
za pending for last 66 of 175 RC drill holes; follow-up drilling plans tbd.

+ Trusted Partner and Operator - Rockman boast a strong technical and practical team with in-
country experience including access to cost effective exploration solutions using drone
| geophysics, bespoke efficient drilling technology and a proven deep machine learning platform.

“* Can earn 80% by completing a PEA on the Kraaipan Project (if Rockman chooses the PEA option).
023 SES: PKG = E TR TEE A

JA, NORTH ARROW AAA

MINERALS INC

Issued and Outstanding 28,580,224

Options 2,170,000
Warrants 5,849,200*
Fully Diluted 39,618,101

"Warrants at $0.30 expiring April 28, 2026

m Management and Directors mKey Shareholders mM Float

Jurisdiction

Near tide water
Large tonnage
Low strip ratio

‘Significant diamond inventory = VAT

Blue sky potential

caur

Freight costs 50% of NWT diamond mines

(01-4 at depth 15 additional kimberlies

60% NORTH ARROW / 40% BURGUNDY.

0.31 carat polished rectangular radiant cut

GIA colour
certified as
Fancy Vivid

Orangy Yellow

GIA colour
certified as Fancy
Vivid Orange-

0.21 carat polished rectangular radiant cut

26

NORTH ARROW | INVESTING IN...
AÑADA] |

MINERALS INC

+ Additional Canadian exploration upside

«+ Closed the sale of three spodumene-bearing
pegmatite lithium properties to Li-FT Power

«+ Legacy diamond projects in NWT, Nunavut and
Saskatchewan

+ Including 60% interest in Naujaat project - host to
unique, high value fancy orange yellow diamonds

Eira Thomas
President 8 CEO

Ken Armstrong
Chairman

Tel: +1.604.668.8355
[email protected]

www.northatrowminerals:com

Nick Thomas:

Community and Investor
Relations Manager

A

NORTH ARROW

MINERALS INC