Arctic Star Exploration Corp is pleased to report the outcome of its 2018 spring exploration program on its Diagras Property located in the Northwest Territories, Canada. Diagras is a contributing Joint Venture between Arctic Star, which holds a 40% interest, and Margaret Lake Diamonds Inc. which holds a 60% interest, and acts as project operator. Diagras Property Exploration at Diagras consisted of Gravity, Magnetic and [...]
Arctic Star Exploration is pleased to announce the second set of results from drilling at the White Wolf kimberlite occurrence at its 100% owned Timantti Diamond Project near Kuusamo. The results are from caustic fusion method on a composite 262.33kg of split HQ drill core from Spring 2018 drilling at the Project. Complete results from the White Wolf kimberlite are reported below and include the past caustic fusion [...]
Arctic Star Exploration Corp is pleased to announce the closing of its previously announced private placement as described in its News Release dated May 30, 2018 for 1,130,000 units at a price of $0.17 per Unit, for gross proceeds of $192,100. Each Unit is comprised of one common share in the capital of the Company and one non-transferable share purchase warrant . Each Warrant entitles the holder to purchase one [...]
Arctic Star Exploration is pleased to report that exploration has commenced on its Diagras Property located in the Northwest Territories, Canada. Diagras is a contributing Joint Venture between Arctic Star, which holds a 40% interest, and Margaret Lake Diamonds which holds a 60% interest, and acts as project operator. The exploration program will consist of Gravity, Magnetic and Electromagnetic ground surveys focused [...]
Arctic Star Exploration is pleased to announce that it has increased its land position by 100% on the Timantti Diamond Project in Finland. The Project now comprises a total of 193,700 Ha under an Exploration Reservation, representing a district scale land package that is 100% owned with no underlying royalties. Highlights: The Timantti Diamond Project has increased by 98,000 Ha, for a total land package of 193,700 Ha. The [...]
Arctic Star Exploration is pleased to announce that it has received diamond results from caustic fusion analyses on the recent kimberlite discoveries within the 100% owned Timantti Diamond Project in Finland, namely the Grey Wolf kimberlite and the Vasa Dykes. Both kimberlitic bodies were discovered by excavator, and these first results are from samples within the discovery pits. In addition, the Company is awaiting [...]
Arctic Star Exploration is pleased to announce that that it has completed the second tranche of its previously announced non-brokered private placement, as described in its news release dated March 23, 2018. Tranches one and two of the Private Placement raised a total of $1,052,920. Pursuant to the second tranche it has issued an aggregate of 1,993,647 units at a price of $0.17 per Unit for gross proceeds of $338,920 [...]
Arctic Star Exploration announces that it has completed the first tranche of its previously announced non-brokered private placement, as described in its News Release dated March 23, 2018, pursuant to which it has issued an aggregate of 4,200,000 units at a price of $0.17 per Unit for gross proceeds of $714,000. Each Unit consists of one common share in the capital of the Company and one non-transferable share purchase [...]
Arctic Star Explorationis pleased to announce that 5 drill holes have been completed at the new kimberlite discovery, called Grey Wolf, on its 100% owned Timantti Diamond Project in Finland. Highlights of the drilling include: All 5 holes intersected kimberlite. Longest intercept in this drill program was 45m. Grey Wolf is part of an east-west 300m long chain of kimberlite open in both directions. Core to be sampled for [...]
Arctic Star Exploration is pleased to announce it has arranged a non-brokered private placement of up to 5,000,000 units, for gross proceeds of up to $850,000. Each Unit will be comprised of one common share in the capital of the Company and one non-transferable share purchase warrant. Each Warrant will entitle the holder to purchase one additional Share in the capital of the Company for a period of 24 months from the [...]
Arctic Star Exploration is pleased to announce that another new kimberlite grouping has been discovered on its 100% owned Timantti Diamond Project in Finland. This discovery was made when the excavator, pit-sampling the basal till in the northern part of the 243 Ha Exploration Permit, exposed two bifurcating kimberlite dykes approximately 2.2 kilometres north of the Wolf kimberlites. The discovery, being referred to as [...]
Arctic Star Exploration is pleased to announce a new kimberlite discovery as part of its ongoing diamond exploration program on its 100% owned Timantti Diamond Project in Finland. The kimberlite is near surface under very thin glacial overburden which was discovered in four separate 1 metre deep excavator pits all containing kimberlite. Roy Spencer, Country Manager, has named this new kimberlite discovery "Grey Wolf". The [...]