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Arctic Star Exploration Corp V.ADD

Alternate Symbol(s):  ASDZF

Arctic Star Exploration Corp. is a natural resource company. It is engaged in the acquisition, exploration, and development of mineral properties. Its projects include Diagras Diamond Project, Timantti Diamond Project, and Stein Diamond Project. The 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. The 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 Project is comprised of two Diamond Bearing Kimberlites: the Black Wolf and White Wolf Kimberlite. The Stein Diamond Property is located approximately 85 km northwest of Taloyoak, Nunavut and consists of four prospecting permits covering an area of approximately 105,637 hectares.


TSXV:ADD - Post by User

Post by MarketGainson Aug 04, 2022 1:44am
559 Views
Post# 34870221

TheDeepDive.ca Article On Arctic Star

TheDeepDive.ca Article On Arctic Star

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The bit where Arctic Star is mentioned below. 

Arctic Star Exploration Corp. (TSX-V:ADD) is currently developing its Diagras Project, which is located in close proximity to the iconic Ekati and Diavik diamond mines in the Northwest Territories. This is one of the few active diamond exploration projects in Canada. In 2021, Arctic Star discovered the Sequoia Kimberlite Complex, which surface geophysics mapping suggests could potentially be the largest diamond-bearing formation in the Lac de Gras district (and that would include both the Ekati and Diavik diamond mines).

The Diagras Project has reunited Mr. Fipke with Buddy Doyle, Arctic Star’s Chief Geologist, whom is also a legend in Canada’s diamond industry. Doyle in 1991 assisted Fipke’s exploration activities as a consulting geologist, and directed Fipke where to drill the initial holes that resulted in the Ekati discovery that kickstarted Canada’s highly successful diamond industry. 

Shortly after the Ekati discovery, Doyle directed the drill program that discovered the nearby Diavik diamond mine. Today the roles have been reversed: Mr. Doyle is relying heavily on Fipke’s expert geochemical analysis of Arctic Star’s kimberlites from its Diagras Project sampling programs, to help build towards a possible economic diamond deposit. 

Thanks to Fipke, geochemistry has become a standard and reliable tool in the process of diamond exploration and discovery. It is invaluable in providing clearer insights and understanding of a diamond project’s geochemical makeup and consistency, and is a key factor in determining a project’s potential economic feasibility. 

Full article : https://thedeepdive.ca/understanding-diamonds-the-historical-importance-of-geochemistry/

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