Proactive Investors - Run By Investors For Investors

Arctic Star Exploration increases Diagras property with eight new claims

Diagras is a contributing joint venture between Arctic Star Exploration (40%) and Margaret Lake (60%)
Arctic Star Exploration increases Diagras property with eight new claims
Diagras lies in the prolific Lac de Gras diamond field

Arctic Star Exploration Corp (CVE:ADD, OTCQB:ASDZF) has staked eight new claims at its Diagras property in the Northwest Territories.

Diagras is a contributing joint venture between Arctic Star Exploration (40%) and Margaret Lake (60%).

READ: Arctic Star Exploration strikes option deal with GGL Resource Corp on its Stein diamond project

The new claims cover 3,896 hectares increasing Diagras to 22,595 hectares, within 29 mineral claims.

Significantly, they also cover eight previously discovered kimberlites, bringing the property total to 20 known kimberlites.

Diagras lies in the prolific Lac de Gras diamond field just 35km from the world-class Diavik diamond mine and is on trend with the Diavik deposits currently being mined by a joint venture between Rio Tinto (LON:RIO) and Dominion Diamond Diavik.

Shares in Toronto were unchanged at $0.08.

View full ADD profile View Profile

Arctic Star Exploration Corp Timeline

Related Articles

A pit at Alkane's Tomingley Gold Project
November 21 2018
The Dubbo project could deliver rare earths from the Central West of NSW to international markets.
Lake Way in Western Australia's Goldfields
February 01 2019
The company expects to spend up to $5.5 million this quarter as it advances a sulphate of potash agenda.
Tanzania flag and man with clasped hands
October 17 2018
The mining licences cover the stage I development as well as the larger stage II expansion.
Copyright © Proactiveinvestors.com, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use