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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 soda47on Dec 22, 2023 2:11pm
167 Views
Post# 35798170

RE:RE:RE:RE:RE:Burgundy

RE:RE:RE:RE:RE:Burgundy I have quite a few shares in ADD too. It's gone very quiet in 2023. Patrick Power doesn't seem to me to be an introvert! Is it because they have no money and gone dormant? Or could it be that something is going on in the background which requires secrecy? Presumably drilling would need to happen at Sequoia to see if it's commercial. Maybe Burgundy would help fund that? But why wouldn't Rio be interested too? Diavik is going to close in a year or two and they probably have a processing plant that will become idle along with skilled staff. Rio recently pulled out of the deal with Star Diamond. They said that they were putting their focus into "metals and minerals to support the energy transition"..But maybe that's a smokescreen and they are working on a partnership with ADD?
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