Property Situated on Corridor of Economic Diamond Deposits

The Diagras Property consists of 29 contiguous claims staked by Arctic Star, with an area of 25,595 hectares. The property is in joint venture with Margaret Lake Diamonds whereby Margaret Lake has earned a 60% interest. The property is located in the north-eastern part of the prolific Lac de Gras kimberlite field, 22km NNE of the Diavik diamond mine and 36km east of the Ekati diamond mine in NWT Canada. The Company has verified through research and compilation that the property hosts over a dozen kimberlites, most of them diamondiferous. Arctic Star’s research and compilation of historical data in the public domain confirms that Diagras is a property of merit that deserves additional exploration.