Arctic Star Exploration Corp. is pleased to announce that our exploration team has discovered a new kimberlite that has been named "Arbutus" on it's Diagras project, Northwest Territories. The discovery was made by testing a Class B type kimberlite target from wide helicopter supported EM survey on the Diagras project and from ground geophysical follow-up. The Class "B" targets are the 25 known kimberlites on the [...]
Arctic Star Exploration Corp. is pleased to announce that has received the results of a diamond type study based on twelve >0.3mm diameter diamonds retrieved by caustic fusion analysis of the Sequoia Kimberlite in 2021, on is Diagras diamond property, NT The diamonds were studied at the Saskatchewan Research Council Diamond laboratory in Saskatoon, using Fourier Transform Infrared Spectrometry. This type of spectrometry [...]
Arctic Star Exploration Corp. is pleased to announce that the Company has closed the third and final tranche of its non-brokered private placement of flow-through units and non-flow through units. Pursuant to the Final Tranche, the Company issued 18,316,998 Non-FT Units, at $0.07 per Non-FT Unit, for additional proceeds of $1,282,189.86, and 1,537,500 FT Units, at $0.08 per FT Unit, for additional proceeds of $123,000. In [...]
Arctic Star Exploration Corp. announces that it has received TSX Venture Exchange approval to re-allocate a further $500,000 from the number of flow-through units to the non-flow through units to be sold under its non-brokered private placement originally announced in the Company's news releases dated February 10, 2022. The total dollar amount of the Private Placement remains unchanged at up to $3,800,000. The Private [...]
Arctic Star Exploration 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 m 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 [...]
Arctic Star Exploration is pleased to announce that the HQ diameter diamond drill program has begun on the first hole situated 22 m south of the original 2021 discovery hole. The drill pattern is designed 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 [...]
Arctic Star Exploration announces that it expects to close the third and final tranche of its private placement on or before May 2, 2022. For further details on the private placement, see the Company's news releases dated February 28, 2022, March 11, 2022 and April 14, 2022, each filed under the Company's profile on SEDAR. [wp=2624]Arctic Star Exploration Corp.[/wp Patrick Power, President & CEO +1 218-8772 ppower@arcticstar.ca [...]
Arctic Star Exploration Corp. announces that it has received TSX Venture Exchange approval to re-allocate $1,200,000 from the number of flow-through units to the non-flow through units to be sold under its non-brokered private placement announced in the Company's news releases dated February 28, 2022 and March 11, 2022. The total dollar amount of the Private Placement remains unchanged at up to $3,800,000. The Company has [...]
Arctic Star Exploration is pleased to announce that former NHL professional hockey player Darryl Sittler is joining the Arctic Star Team as a Board of Director and also as the Vice President of Corporate Communications, effective immediately. Mr. Sittler played in the National Hockey league from 1970 to 1985 for the Toronto Maple Leafs, the Philadelphia Flyers, and the Detroit Red Wings. Since retiring from the NHL, Mr [...]
Arctic Star Exploration is pleased to announce that field crews are mobilizing to the Diagras diamond project Northwest Territories. The first work to commence is the phase 2, airborne, "Resolve" survey, flown by Xcalibur, designed to cover the entire, 48,346 ha property with a 75m line-spaced survey. The phase 1 survey was successful in generating over a dozen high-priority kimberlite-like geophysical signatures, that [...]
Arctic Star Exploration is pleased to announce, further to its news release dated February 28, 2022, that the Company has closed the first tranche of the Company's non-brokered private placement of 8,186,430 non-flow through units of the Company, at $0.07 per Non-FT Unit, and 3,700,000 flow through units, at $0.08 per FT Unit, for a total gross proceeds of $869,050.10. The Company intends to complete additional tranche of [...]
Arctic Star Exploration Corp. is pleased to announce that due to investor demand that its non-brokered private placement previously announced on February 10, 2022 has been increased in include up to a further $400,000 in Non-FT Units for total gross proceeds up to $3,800,000. The Private Placement will now consist of the issuance of up to 14,285,715 units at a price of $0.07 per Non-FT Unit, for gross proceeds of up to [...]
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