Arctic Star Exploration Corp V.ADD

Alternate Symbol(s): ASDZF

Metals & Mining Industrial Metals & Minerals

Arctic Star Exploration Corp. is a natural resource company. It is engaged in the acquisition, exploration, and development of mineral properties. Its projects include Diagras Diamond Project, Timantti Diamond Project, and Stein Diamond Project. The Diagras Diamond Project is located in the north-eastern part of the prolific Lac de Gras kimberlite field, approximately 22 kilometers (km) north-northeast of the Diavik diamond mine and 36 km east of the Ekati diamond mine in the northwestern territories of Canada. The Diagras Property consists of 58 contiguous claims with an area of approximately 48,346 hectares. The Timantti Project is located in Finland, approximately 17 km away from the town of Kuusamo. The project is comprised of two Diamond Bearing Kimberlites: the Black Wolf and White Wolf Kimberlite. The Stein Diamond Property is located approximately 85 km northwest of Taloyoak, Nunavut and consists of four prospecting permits covering an area of approximately 105,637 hectares.

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Arctic Star Exploration Corp

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Post by moneywagonon Apr 03, 2024 12:40pm

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Post# 35968000

ADD DIAGRAS PROJECT MARGARET LAKE DIAMONDS

Property Situated on Corridor of Economic Diamond Deposits

The Diagras Property consists of 58 contiguous claims staked by Arctic Star, with an area of 48,346 hectares. The property is in joint venture with Margaret Lake Diamonds whereby Arctic Star owns 81.5% interest and Margaret Lake 18.5% interest. The property is located in the north-eastern part of the prolific Lac de Gras kimberlite field, 22km NNE of the Diavik diamond mine and 36km east of the Ekati diamond mine in NWT Canada.

The company discovered the Sequoia Kimberlite Complex, in Spring 2021. From a small sample, two commercial diamonds were recovered and diamond chemistry, suggesting potential for large diamonds >52 cts.