Arctic Star Exploration Corp. (TSXV:ADD)Mining
Arctic Star Exploration Corp is a Vancouver-based natural resource and mineral exploration company. It explores and develops diamonds and base metals in Canada.
Arctic Star mainly focuses on its 100 per cent owned flagship Timantti Diamond Project.
The company has founded three diamondiferous kimberlites that may reflect the first finds in kimberlite fields. Arctic Star’s stocks are traded on TSXV under the symbol of ‘ADD’.
Arctic Star also operates diamond exploration properties in NWT, Nunavut (Stein), and British Columbia (rare metals project).
The company aims to generate long-term value for shareholders by handling assets and to be a world-famous diamond company.
Diagras Diamond Project
The project is situated approximately 22 kilometers near the Diavik diamond mine and east of the Ekati diamond mine in Canada. It lies in the NE portion of Lac de Gras kimberlite field.
This property includes 29 contiguous claims covering 25,595 hectares. The company is engaged in exploration through 60 per cent joint venture partnership with Margaret Lake Diamonds.
It carries numerous kimberlites that include diamondiferous.
The company says that the historical data suggest that it is a merit property that needs additional exploration.
Timantti Diamond Project
The diamond project consists of exploration permits in 243 hectares and exploration reserve in 193,700 hectares of area near Kuusamo town in Finland.
The project is situated adjacent to Grib Diamond Mine in Russia.
It consists of Black Wolf and White Wolf Kimberlite, which are diamond bearing kimberlites.
Stein Diamond Project
Arctic holds 100 per cent interest at Stein. It is an advanced diamond exploration project that carries six drill ready targets. It is situated 85 kilometers Northwest of Taloyoak, Nunavut and is enclosed by four neighboring prospecting permits in 105,637 hectares on the Boothia Peninsula property.
Redemption Diamond Project
This project includes two properties: the T-Rex property and the Triceratops property.
T-Rex property covers 54,000 hectares and Triceratops property covers 46,840 hectares of land. Both properties consist of 62 contiguous claims.
In addition to TSXV, the firm is listed of FSE and OTC Market under ‘82A1.’F and ‘ASDZF’ tickers.
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