Arctic Star Exploration Corp. ("Arctic Star" or the "Company") (TSXV:ADD) (Frankfurt:82A2) (WKN:A2DFY5) (OTC:ASDZF) has been tracking the progress of our samples at SRC diamond laboratory in Saskatchewan. Recent correspondence with the laboratory suggests, caustic fusion results should start becoming available at the end of next week, September 9th. Previously in our June 31st 2022 we had indicated that results should be expected through July and August.
The Diagras Joint Venture (Arctic Star 81.5%, Margaret Lake Diamonds Inc. 18.5%) will report the results as soon as they are available. They will be crucial in planning our next exploration program. The joint venture is in the process of planning, permitting and budgeting the 2023 program.
About Arctic Star
Arctic Star is predominantly a diamond explorer, recently discovering 5 new kimberlites in the prolific Lac De Gras kimberlite field that supports 2 multi-billion dollar kimberlite mining complexes. The company also has a 958Ha Exploration permit containing several diamond-bearing kimberlites on its Timantti project, Kuusamo Finland. Arctic Star has optioned its Stein diamond project in Nunavut to GGL Resources Corp who plan work once Covid restrictions lift. The company continues to look for appropriate diamond opportunities elsewhere.
ON BEHALF OF THE BOARD OF DIRECTORS OF ARCTIC STAR EXPLORATION CORP.
Patrick Power, President & CEO
+1 (604) 218-8772
ppower@arcticstar.ca
