Arctic Star is managed by a team of not just explorers... but mine finders! Not many junior companies can say that! Arctic Star's main focus always has been and still is DIAMONDS in Northern Canada. Arctic now has over 340,000 hectares of 100% owned prospective lands and a team with over 100 years collective expertise of diamond exploration and discovery in Canada's North.
Our extensive land package is split among the richest areas in Canada's North among, Northwest Territories, Nunavut and our most recently announced exciting Athabasca Basin Diamond project located in Northwestern Saskatchewan.
The Athabasca Basin project, called "Diamond Dunes," is located near lands where DeBeers Canada Inc. recently announced a $20.4 million option agreement. Extensive geophysics has been completed in the Basin which led to 75 targets getting discovered and triggered CanAlaska's deal with DeBeers. DeBeers has just recently completed sampling in the area.
One of Arctic Star's Northwest Territories projects, called "Redemption Diamond Project" located in the shadows of two multibillion-dollar diamond mines, Ekati and Diavik, in northern Canada, has had over $20 million spent on it. This project is joint ventured with North Arrow Minerals.
Arctic Star 's other 100% owned Northwest Territories projects are "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.
Arctic Star's Nunavut project, the "SteinProject" is 100% owned interest and 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.
Arctic Star remains committed to creating shareholder wealth through discovery by experts.
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