Arctic Star has reignited its diamond exploration activities in Canada's high North.
Arctic Star owns a 100% interest in the "T-Rex" and "Triceratop" properties, located beside two other diamond mines in the Northwest Territories. Recent significant diamond discoveries have been made by Kennady Diamonds, utilizing new technology on their Kelvin and Faraday pipes. Arctic Star's strategy is to find new targets by applying the same technology over known kimberlites on T-Rex and "Triceratop", thereafter drill-testing the targets.
The new, 100% owned flagship "Stein" property is an advanced diamond exploration project with indicator minerals, hosting excellent chemistry, complemented by the discovery of distinct geophysical targets immediately up-ice of these mineral grains. Thanks to extensive work completed by other Companies prior to the financial crisis of 2008, the Stein project is a dynamic, drill-ready opportunity for the Company.
"Redemption" project has excellent diamond indicator mineral chemistry that correlate to several outstanding geophysical targets. The property's location is near two other world class diamond mines. The Company has a joint venture with North Arrow Minerals Inc., the operators, who cover all exploration costs.
Arctic Star is one of Canada's premier diamond explorers with over 300,000 hectares of 100% owned prospective lands and a team with over 100 years collective expertise of diamond exploration and discovery in Canada's North.
Arctic Star remains committed to creating shareholder wealth through discovery by experts.
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