May 9, 2012 – Arctic Star Exploration Corp. (TSXv:ADD) (the “Company” or “Arctic Star”) is pleased to report completion of channel sampling of gold-bearing outcrop on the El Havila property (the “Property”), located 32 kilometres ENE of Frontino, Colombia.
Crews were deployed to the Property last month to channel sample outcrop from the same zone where gold results were reported from grab samples in an Arctic Star news release on March 15, 2012.
Channel sampling is a systematic method of sampling bedrock. In this case, a diamond-blade power saw was used. The saw cuts 10-15 cm into bedrock in such a way that a continuous volume of bedrock can be chiseled out. The objective of this work is to determine gold concentration (and other elements of possible economic interest), in bedrock over one-meter surface sample lengths on a representative portion of all outcrop surfaces.
Arctic Star technicians collected 124 one-meter long channel samples from three outcrop areas, over a collective area 240m by 120m in size. Three grab samples were also collected. Some 500 kilograms of rock was submitted to Acme Laboratories, Medellin, Colombia for analysis. The samples will be analysed by Acme Analytical Laboratories (Vancouver) Ltd, Vancouver, BC, which is an ISO/IEC 17025:2005 accredited lab by Standards Council of Canada. Assays are awaited with results expected in approximately 4 weeks.
Kevin R. Kivi, P.Geo. designed and supervised the channel sampling program, implemented chain of custody and sample security protocols, and is responsible for technical information provided in this news release. He is the qualified person as per the guideline set out in NI43-101.
ON BEHALF OF THE BOARD OF DIRECTORS OF ARCTIC STAR EXPLORATION CORP.
Patrick Power, President
Forward Looking Statements
This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events such as: (a)our channel sampling can more accurately determine the presence of gold and other minerals; (b) the likelihood that the property has gold or other commercial mineralization; and (c) the work program to be conducted by Arctic. Such forward-looking information include statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of Arctic such as our ability to raise financing, geological information resulting in changed plans for exploration, our ability to contract equipment and labor, current economic conditions and the state of mineral exploration and mineral prices in general. In addition, despite encouraging results, there may be no commercially viable mineralization on the property. These risks and uncertainties could cause actual results and Arctic’s plans and objectives to differ materially from those expressed in the forward-looking information. Except as required by law, Arctic assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.