'We jumped on this one' - exploration heavyweights at North Arrow Minerals options Botswana property

The junior resource space is facing competition from other sectors of the economy that offer high risk, high reward investment opportunities, said Ken Armstrong, president and CEO of North Arrow Minerals. On Thursday Armstrong spoke to Kitco Mining. North Arrow Minerals (TSX-V:NAR) is a Canadian based exploration company focused on the identification and evaluation of exploration opportunities in Canada. This month North Arrow Minerals announced an option agreement to earn up to an 80% interest in Kraaipan Greenstone Belt Property in southern Botswana. North Arrow has a well-known exploration team. A Director of the company is Grenville Thomas, discoverer of the Diavik Diamond Mine and Canadian Mining Hall of Fame inductee. Eira Thomas is chair; she previously led Lucara Diamond. "We like the jurisdiction and getting a chance to explore on a regional basis," said Armstrong "An entire belt of rocks that is highly prospective is really tough to find—and in such a good jurisdiction, so we jumped on this one." Armstrong said that it has been a tough junior market with a lot of high-risk, high-reward options for investors, such as cannabis and crypto. "There's more competition," said Armstrong. "The best way to address that and fix it would be with some discoveries that make investors money."Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.