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Arctic Star Exploration Corp V.ADD

Alternate Symbol(s):  ASDZF

Metals & Mining Industrial Metals & Minerals
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

Arctic Star Exploration Corp > Someone posted this on CEO.CA
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Comment by Bigoil2113on Dec 12, 2021 2:35pm
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Post# 34223255

RE:RE:RE:Someone posted this on CEO.CA

RE:RE:RE:Someone posted this on CEO.CA

It's very possible that they got a killer deal. But Rio will be on the hook for decommissioning the mine (100%) after all said and done
If they don't do anything with it. We talking hundred plus million in decommissioning costs. 

Rio Tinto would be better off buying the sequoia pipe for hundreds of millions and get some returns on it.

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