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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 Goldy63on May 10, 2021 3:42pm
221 Views
Post# 33166846

Very Quick Response From CEO Neil . Thank You Sir.

Very Quick Response From CEO Neil . Thank You Sir. As promised will share . Read On . Neil Foran <neil@margaretlakediamonds.com>
Mon 2021-05-10 3:30 PM
  •  You
 
Jean,
 
Thank for reaching out. At this stage all I can say is the percentage DIA will be diluted on the JV will depend on how much Artic Star spends on the project. There are not any plans in play for a revised Joint Venture agreement with Artic Star at this stage.


Regards,
 
 
Neil Foran BA, JD | Chief Executive Officer | Margaret Lake Diamonds Inc. | TSX.V:DIA
 
Suite 303, 1040 Hamilton Street, Vancouver, B.C. V6B 2R9
 
Office: 604.602.7626
Mobile: 778.321.4638 
Website: margaretlakediamonds.com
 

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