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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 Betteryear2on Apr 26, 2022 1:17pm
144 Views
Post# 34632709

Revised: Arctic Star Commences Drilling

Revised: Arctic Star Commences Drilling

Highlights

  • Drilling has commenced on the Sequoia Kimberlite Complex.

  • The Phase 2 Heliborne EM and magnetic survey is complete.

  • Preliminary data shows previously untested kimberlite-like targets as well as evidence of untested parts to known kimberlites.

  • Ground based geophysical crews have commenced surveys to refine airborne targets.

April 26th, 2022 – TheNewswire - Vancouver, British Columbia – Arctic Star Exploration Corp. (“Arctic Star” or the “Company”) (TSXV:ADD) (Frankfurt:82A2) (WKN:A2DFY5) (OTC:ASDZF) is pleased to announce that the HQ diameter diamond drill program has begun on the Sequoia kimberlite complex. The first hole is situated 22 meters south of the original 2021 discovery hole. The proposed drill pattern is to drill a vertical hole to 200 meters in the interpreted east-west center of the kimberlite. After completion of the first hole a 2nd and 3rd angled hole will be drilled from the same site to the east and to the west until they exit the kimberlite. These are designed to find the country rock contacts of the north-south trending kimberlite complex. This pattern will be repeated at 200m spacings across the extent of the complex. This drill program will give an early first estimate of the geology, geometry, and tonnage of the kimberlite complex. Detailed core logging will define the different kimberlite phases and caustic fusion micro-diamond analysis will estimate the different diamond grades and populations.

https://www.thenewswire.com/press-releases/1AJ6Fzolp-revised-arctic-star-commences-drilling-diagras-diamond-property-nt.html


 

Revised: Arctic Star Commences Drilling, Diagras Diamond Property, NT

 

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