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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 ~TAYLOR~on Sep 25, 2004 1:18pm
276 Views
Post# 7964869

RE: Over 60 targets to be drilled.....

RE: Over 60 targets to be drilled.....It's been a long time since we had news. Now with the BR dispute over, hopefully we can move forward fast. By some it seems all our ducks are in a row. Remember who's incharge of this thing. The guy we all love to hate! Chucks update the other day was good and bad. Was that info from the Dumont only property? It was a little confusing though. "Forty power auger holes, from the planned 221 auger and 19 core target sites, have already been completed on the aforementioned claims." "Fifteen of the 19 initially planned core holes are to be carried out in the vicinity of an auger intersection of field identified diamond bearing kimberlite." So are the 19 core targets done or what? "One of the auger holes contained a field-identified piece of kimberlite sent to C.F. Mineral Research Ltd. for confirmation." "Three diamonds have also been found. Fifteen of the 19 initially planned core holes are to be carried out in the vicinity of an auger intersection of field identified diamond bearing kimberlite." Three diamonds...good but no big deal without further info. Piece of kimberlite.......field identified diamond bearing kimberlite.........this sounds good.....why aren't they screaming this out loud!!!!!! Do we have any diamond bearing kimberlites or not!!!! Hope Peter Gregorys NR will be complete. I do have my doubts. No real news since April and part of me is skeptical if we will get any before next April. Diadon prints a pretty picture and I hope is right on everything! But what he says is happening shortly was said for the last 6 months. Cheers~TAYLOR~
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