Arctic Star Commences Exploration at the Timantti Diamond Project, Finland Home 2017 Arctic Star Commences Exploration at
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1 Arctic Star Coences Exploration at the Timantti Diamond Project, Finland - Arctic... Page 1 of 8 TSX-V: ADD FRA: 82A1.F HOME CORPORATE INVESTORS NEWS PROJECTS CONTACT Arctic Star Coences Exploration at the Timantti Diamond Project, Finland Home 2017 Arctic Star Coences Exploration at November 23, 2017 Vancouver, British Columbia Arctic Star Exploration Corp. ( Arctic Star or the Company ) is pleased to announce that the Company has coenced its diamond exploration program on its 100% owned Timantti Diamond Project in Finland ( the Project ). The land package includes a 243 Ha Exploration Permit and has a district scale 95,700 Ha Exploration Reservation near the township of Kuusamo. The Project benefits from excellent infrastructure and exploration activity can be conducted all yearround. Highlights of the Proposed Program: Recent News Arctic Star Coences Exploration at the Timantti Diamond Project, Finland November 23, 2017 Arctic Star Announces Management and Board Changes November 21, 2017 Arctic Star Closes Purchase of Kimberlite Field, Finland November 16, 2017 Arctic Star Announces Closing of First Tranche of Private Placement November 1, 2017 Arctic Star Announces Status of Private Placement October 30, 2017
2 Arctic Star Coences Exploration at the Timantti Diamond Project, Finland - Arctic... Page 2 of 8 Ground Geophysics Will be conducted over the area of the Exploration Permit which contains the diamondiferous Black and White Wolf kimberlites (together the Wolf kimberlites ). The ground-based, magnetic, gravity and electro-magnetic surveys are designed to help define the shape and size of the Wolf kimberlites, as well as to detect possible new kimberlitelike anomalies within the area for drill testing. 20 Backhoe Till Samples Will be undertaken in the near vicinity of the Wolf kimberlites to identify potential drill targets based on diamond indicator mineral results. Drill Program Consisting of approximately 8 drill holes (1,500m) including the 2 Wolf Kimberlites. A 500kg drill core sample will be taken from each of the Wolf bodies for caustic fusion analysis. Any additional kimberlite-like targets identified from the ground geophysics will be drilled at this time where appropriate. Table 1 below suarizes the micro-diamond results to date. If new kimberlites are found these will also be further tested to give caustic fusion diamond results. Search Type and hit enter Table 1: Total Micro-Diamond Assay Results for the White Wolf Kimberlite to Date Kimberlite Sample Weight Kg Total Stone White Wolf *Sample includes both surface samples and 52.7m of drill core. Buddy Doyle VP Exploration stated, The assay results demonstrate that the Wolf Kimberlites have significant microdiamond counts comparable in number to those found in economic kimberlites.
3 Arctic Star Coences Exploration at the Timantti Diamond Project, Finland - Arctic... Page 3 of 8 The current drill program is designed to significantly boost the size of the sample, at which stage the company should have an estimate on the size and the grade of the diamonds, and allow us to make a decision to proceed to bulk sampling. Micro-diamonds can be used as a predictive guide to diamond grade by constructing graphs of size (Carats or ) versus frequency (number of stones). The majority of diamondiferous kimberlites around the world show an exponential relationship between the number of small diamonds and large diamonds. Samples were sent to Microlithics Laboratories Inc., of Thunder Bay, ON. Microlithics is independent of the issuer, and is not ISO accredited. Kevin Kivi, P.Geo. has audited Microlithics to verify sample preparation and analytical methods for diamond recovery were appropriate. Core was sent to SRC of Saskatoon, SK is independent of the Issuer and is ISO accredited. There was a chain of custody in use for these samples, supervised by GTK. (Geological Survey of Finland). Diamond results reported using CIM guidelines. Qualified Person: The content of this news release has been read and approved by Roy Spencer, FAusIMM, a Director of the Company who is the qualified person for this news release. ABOUT ARCTIC STAR: The Company owns 100% of the recently acquired Timantti Diamond Project including a 243 Ha Exploration Permit and a 95,700 Ha Exploration Reservation near the township of Kuusamo, in Finland. The project is located approximately 450km NW of the operating Grib Diamond Mine in Russia. Arctic is coencing its exploration in Finland on the Timantti Project, where two
4 Arctic Star Coences Exploration at the Timantti Diamond Project, Finland - Arctic... Page 4 of 8 diamondiferous kimberlites may represent the first finds in a large kimberlite field. The Company also controls diamond exploration properties in Nunavut (Stein), the NWT (Diagras and Redemption) and a rare metals project in BC (Cap). Arctic Star has a highly experienced diamond exploration team previously responsible for numerous world class diamond discoveries. ON BEHALF OF THE BOARD OF DIRECTORS OF ARCTIC STAR EXPLORATION CORP. Scott Eldridge Scott Eldridge, President & CEO +1 (604) scott@arcticstar.ca Patrick Power, Executive Chairman +1 (604) Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements: Certain statements in this press release are forward-looking statements within the meaning of applicable securities laws. Forward-looking statements in this press release include that the Timantti Project transaction is a pre-eminent opportunity. Such forward-looking statements and information are subject to risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement. Specific risks included that the Timantti Project does not contain as much promise as expected or that despite promise, its minerals cannot be economically mined.
5 Arctic Star Coences Exploration at the Timantti Diamond Project, Finland - Arctic... Page 5 of 8 There can be no assurance that a forward-looking statement or information referenced herein will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Also, many of the factors are beyond our control. Accordingly, readers should not place undue reliance on forward-looking statements or information. We undertake no obligation to reissue or update any forward-looking statements or information except as required by law. print Category: 2017 By AlHal November 23, 2017 Leave a coent Share this post Author: AlHa
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8 Arctic Star Coences Exploration at the Timantti Diamond Project, Finland - Arctic... Page 8 of 8 Contact Info Address: 14th floor W. Georgia St. Vancouver, B.C. V6E 4M3 Business hours: Mon - Fri: 9AM - 5PM Phone number: Stock Quotes Arctic Star Exploration Home About Us Management Team Investor Presentation Stock Information Regulatory Filings and Financials Media Coverage Recent News Arctic Star Coences Exploration at the Timantti Diamond Project, Finland November 23, 2017 Arctic Star Announces Management and Board Changes November 21, 2017 Arctic Star Closes Purchase of Kimberlite Field, Finland November 16, 2017 Contact Arctic Star Announces Closing of First Tranche of Private Placement November 1, 2017 Arctic Star Exploration Corp All rights reserved. Website created by TickerForce Investor Relations.
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