Arctic Star Exploration Corp. is pleased to announce it has completed the ground geophysical survey program on the Stein diamond project, Nunavut. GGL Resources Corp. has the Option to earn a 60% undivided interest in Arctic Star Exploration Corp.'s wholly-owned Stein diamond project by discovering in-situ kimberlite. The Stein diamond property consists of 4 contiguous prospecting permits covering an area of 1,065 square [...]
Arctic Star Exploration Corp. is pleased to announce that recent trenching work by excavator on its Timantti project, Finland, has resulted in the discovery of two new kimberlites. These kimberlites occur near the Vasa dykes also discovered by Arctic Star by excavator in 2018 and located 2 kilometres north of the Wolf kimberlites. The recent excavator has exposed 2 new heavily weathered clayey kimberlite bodies both less [...]
Arctic Star Exploration Corp. is pleased to announce that it has received preliminary results from its regional esker sampling program from its 100% owned Timantti Project in Finland. The Timantti Project consists of two exploration permits surrounded by two exploration reservations totaling 193,700 Hectares near the township of Kuusamo. Last year the company located three diamondiferous kimberlite bodies within the [...]
Arctic Star Exploration Corp. is pleased to announce that its Spring exploration program has been successfully completed at its 40% owned Diagras Property located in the Northwest Territories, Canada. Diagras totals 22,595 Hectares within 31 mineral claims with a total of 23 known kimberlites. The data from this ground geophysical program has been received and interpreted by our technical team and they report the work has [...]
Arctic Star Exploration Corp. is pleased to announce that exploration has commenced at its 100% owned Timantti Project located in Northern Finland. The Timantti Project consists of one 289 Hectare Exploration permit surrounded by two exploration reservations totalling 193,700 Hectares near the township of Kuusamo. The company has already located three diamondiferous kimberlite bodies within the Exploration permit, named [...]
Arctic Star Exploration Corp. announces that further to its News Releases of January 24, 2019, January 25, 2019, January 30, 2019, March 11, 2019 and March 21, 2019 that it has closed the second and final tranche of its over-subscribed Private Placement of $850,000. In the second tranche the Company issued 11,760,000 units at a price of $0.05 per Unit for gross proceeds of $588,000. Each Unit consists of one common share [...]
Arctic Star Exploration Corp. is pleased to announce that exploration has commenced at its 40% owned Diagras Property located in the Northwest Territories, Canada. Diagras totals 22,595 Hectares within 31 mineral claims with a total of 23 known kimberlites. Some preliminary results are already available, and they are encouraging. . The exploration program consists of Gravity, Magnetic and Electromagnetic ground surveys [...]
Arctic Star Exploration Corp. announces that further to its News Releases of January 24, 2019, January 25, 2019, January 30, 2019 and March 11, 2019, that its Private Placement of $850,000 has been over-subscribed and the second tranche is anticipated to close in the next few days. The Company previously closed a first tranche of the Private Placement whereby the Company issued 5,840,000 units for aggregate gross proceeds [...]
Arctic Star Exploration Corp. is pleased to report that Executive Chairman and Director Patrick Power, has been appointed as President and Chief Executive Officer. Scott Eldridge has resigned as President and Chief Executive Officer, and will remain with Arctic Star as a Director. In the new corporate structure, effective immediately, Mr. Power will assume all operational duties. Patrick Power is a seasoned venture [...]
Arctic Star Exploration Corp. is pleased to report that it has staked 8 new mineral claims adjoining the pre-existing Diagras property in the Northwest Territories, a contributing Joint Venture between Arctic Star Exploration and Margaret Lake . The new claims cover 3,896 hectares increasing the Diagras property to a total of 22,595 hectares, within 29 mineral claims. The new claims cover 8 previously discovered [...]
Arctic Star Exploration Corp. is pleased to announce it has received the final caustic fusion diamond results from drill testing the Black and Grey Wolf kimberlites, obtained from the 2018 Spring diamond drilling program. The results for the Black Wolf kimberlite from 349.75 kg of split HQ size drill core are shown in Table 1, the results from Grey Wolf are shown in Table 2. Table 1: Micro Diamond Assay Results, Black [...]
Arctic Star Exploration Corp. is pleased to announce that it has entered into an Option Agreement with GGL Resource Corp. to earn a 60% interest in Arctic Star's wholly owned Stein Diamond Project, Nunavut Canada. The Stein Diamond property consists of 4 contiguous prospecting permits covering an area of 1,065 square kilometers on the Southern Boothia Peninsula, 45 kilometers from tide water. It is located 85 kilometers [...]