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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 Charts1on Jul 27, 2022 10:28pm
156 Views
Post# 34855811

ADD.V POSSIBLE REPLACEMENT

ADD.V POSSIBLE REPLACEMENT022-07-26 20:15 ET - Market Summary This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers. Here is a sample of this item: by Will Purcell The diamond and specialty minerals stocks box score on Tuesday was a weak 68-104-138 as the TSX Venture Exchange fell three points to 605. Ewan Mason and Ken MacNeill's Star Diamond Corp. (DIAM) lost one cent to 12 cents on 227,000 shares. The company's stock took a big hit at the end of June, after Rio Tinto Exploration Canada Inc. (RTEC), the company's co-venturer at the FalCon diamond project in central Saskatchewan, served notice that it is considering its options, one of which is quitting the project. It apparently came as a complete shock when RTEC sprung this bad news on Star Diamond, its junior partner, at a late June management committee meeting. Star had been anticipating being carried through an aggressive exploration program at the project for the coming year, and until RTEC made a positive production decision. Now, with FalCon in mothballs indefinitely and RTEC seeking a possible exit, investors are left pondering the identities of possible new partners that might be champing at the bit, looking for an entrance. The remainder is available to Stockwatch subscribers.
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