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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

Comment by macattackson Feb 27, 2012 10:22pm
381 Views
Post# 19595309

RE: Massive black jack ..sphalerite found

RE: Massive black jack ..sphalerite found

Hey Racotomolala found your other posting and copied this from it so others on the bullboard can see. I'm assuming this is the same area of property where Havila is located......thanks for tracking down more info.

The Caucasia Gold Property mineral ownership consists of numerous Concessions Blocks covering a contiguous area of approximately 32,000 hectares (See maps below). The corresponding surface ownership is likewise under control/ownership.

The Caucasia Gold Property is classified as a placer gold deposit of considerable size. As noted, the Property covers an area of 32,000 hectares and the gravel layer, which outcrops at numerous places within the property, is reported to be 40 meters thick. Assay results from the gravels are reported to be consistently 1.5 – 2 grams of gold per tonne and are reported to be spread ubiquitously throughout the gravel from surface to bedrock. It is noted that the existing small scale mines, are extracting gravel from the top 5-10 meters of the pay-gravel and that generally, placer deposits increase in gold content with depth.

SAMPLE DESCRIPTION Au (grams per Ton.)
1 Find Sand 4.28
2 Grey Clay 1.33
3 Grava 0.39
4 Brown Clay 1.82
5 Gray Clay 0.55
6 Gray Clay 4.57
7 Brown Clay 4.31
8 Concentrated Sample 545.5

Categories: Projects

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