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Arctic Star Exploration Corp V.ADD

Alternate Symbol(s):  ASDZF

Arctic Star Exploration Corp. is a natural resource company. The Company is a diamond explorer engaged in the acquisition, exploration, and development of mineral properties. Its projects include Diagras Diamond Project and Timantti Diamond Project. 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. 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 Timantti project, owned 100% by the Company, consists of two Exploration permits, the 243 Ha Exploration Solavaara Permit and the 882 Hectares Vaimouso permit totaling 1125 Ha. The Project is also comprised of two Diamond Bearing Kimberlites: the Black Wolf and White Wolf Kimberlite.


TSXV:ADD - Post by User

Post by Flapdoodlon May 15, 2006 6:10pm
261 Views
Post# 10853979

T1 News

T1 NewsWe all know Credit Lake is the only thing of value, but maybe we can get lucky. Arctic Star Diamond Corp ("Arctic") (TSX Venture - ADD), is pleased to provide the following report on the joint ventured Kyle property, Northern Ontario received from its joint venture partner, Metalex Ventures Ltd. "The Company is pleased to report that the second and third bulk sample holes in T1 have now been completed. A total of 30.19 tonnes of kimberlite has been collected from these two holes at vertical depths between 137 to 326 metres. As previously reported these bulk sample holes are part of a 16-hole program designed to collect in excess of 200 tonnes of kimberlite so that the overall diamond grade and indicate diamond value of T1 can be determined. The 5.94 tonne sample of kimberlite from the first bulk sample hole in T1 (see press release dated April 17, 2006) has now arrived at the CF Mineral Research laboratory and processing of this sample will commence once various equipment upgrades have been completed" For further information please contact the company at 604-689-1799 or visit the web site at www.arcticstardiamonds.com ON BEHALF OF THE BOARD OF DIRECTORS OF ARCTIC STAR DIAMOND CORP. "Patrick Power" Mr. Patrick Power - Director The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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