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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 BlueDawnon Jul 30, 2021 12:28pm
115 Views
Post# 33632414

RE:RE:Birch Results

RE:RE:Birch Results

As for management they have executed the plan from get go....
form a thesis on diamond bearing kimber location techniques (non mag targets that show EM and Grav signals)

method:
pivot to Canada NWT property from Finland based on acquiring the rights to a plot the size of Winnipeg to explore.
Budget an exploration project and acquire funding to drill and see if the thesis works.
Drill the plots (a few 2" drill bores into that massive territory)

observation:
Hit the kimber and send for analysis for analysis
diamonds found in first 2 samples
awaiting more results...

conclusion for sequoia:
there was enough there to focus next stage of testing on this location.


it's not management that spiked the price to 6 times PP that's the market....
it's not management that regressed the price to 1.6 times PP that's also the market....

so from managements ability to deliver they have actually done exceptionally well :)

 

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