- Arctic Star (ADD) has received preliminary results from Phase 1 of its Airborne Geophysical survey on the Diagras JV with Margaret Lake Diamonds Inc.
- Phase 1 of this survey was completed over 46.1 per cent of the property
- Phase one has also provided high-definition data coverage over an additional 11 previously discovered kimberlites
- Phase two of the airborne survey scheduled to commence during the spring 2022 drill campaign will complete the survey of the entire Diagras property
- Arctic Star Exploration Corp is a natural resource company engaged in the acquisition, exploration, and development of mineral properties
- Arctic Star Exploration Corp. (ADD) opened trading at C$0.06 per share
Arctic Star (ADD) has received preliminary results from Phase 1 of its Airborne Geophysical survey on the Diagras JV with Margaret Lake Diamonds Inc.
The project is located 30 kilometres northeast of the Diavik diamond mine in the prolific Lac de Gras diamond district.
Phase 1 of this survey was completed over 46.1 per cent of the property, including areas hosting the Sequoia kimberlite complex as well as the new diamondiferous Birch kimberlite discovery.
Preliminary data has revealed several high-interest drill targets that have geophysical signatures consistent with known kimberlites on the property. Phase one has also provided high-definition data coverage over an additional 11 previously discovered kimberlites and surrounding areas.
Once the final data is complete, Arctic Star will make a more comprehensive new release and publish images of the high-interest targets.
Phase two of the airborne survey scheduled to commence during the spring 2022 drill campaign will complete the survey of the entire Diagras property.
Arctic Star and its JV partner are currently making plans for the spring 2022 drilling program which will consist of two parts. A drill rig will further test the Sequoia Kimberlite with the intent of gathering enough diamonds to give a view of the grade of the kimberlite as a whole. While the drilling continues at Sequoia, ground geophysical crews will be evaluating the new high-interest kimberlite targets identified by the phase one airborne survey as well as the concurrent phase two survey. Once the drilling at Sequoia is completed the drill will move to test these targets for additional new kimberlite discoveries.
Arctic Star Exploration Corp is a natural resource company engaged in the acquisition, exploration, and development of mineral properties. Projects include the Timantti diamond project, Diagras diamond project, and the Stein diamond project.
Arctic Star Exploration Corp. (ADD) opened trading at C$0.06 per share.