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Arctic Star Exploration Corp

Arctic Star discovers new kimberlite zone at Timantii diamond project in Finland

The new kimberlites occur near the Vasa dykes and are located two kilometres north of the company’s three Wolf kimberlites

exploration
The company is exploring a series of kimberlites in Finland

Arctic Star Exploration Corp (CVE:ADD) (OTCMKTS:ASDZF) has discovered two new kimberlites at its Timantti project in Finland, the company announced Tuesday.

The discovery was a result of recent trenching work by an excavator on the property, a particularly efficient method of kimberlite exploration that also prompted last year’s Vasa dyke discoveries.

The new kimberlites occur near the Vasa dykes and are located two kilometres north of the company’s three Wolf kimberlites.

READ: Arctic Star Exploration unveils encouraging preliminary sampling results from Timantti project, Finland

Excavation work exposed two heavily weathered clay-like bodies less than 1.5 metres from surface. The first kimberlite, named Plug, is around 140 metres west of Vasa, while the second one, named Karhu, is 450 metres west.

Karhu has been confirmed as kimberlitic by the Geological Survey of Finland, which is assisting Arctic Star with exploration work. Plug is still awaiting confirmation.

According to Arctic Star, the Karhu body contains similar prospective ground to the Wolf discoveries and had previously been identified as a potential target by geophysical consultants.

“The yellow clayey material recovered from the Plug body appears to be identical to that found at Karhu and the company geologists are confident this is also a new kimberlite discovery,” Arctic Star said in a statement.

The junior company dug seven individual trenches as part of the current program comprising of around 400 metres of excavations. Arctic Star collected 17 samples, two of which are from Karhu and Plug, which will be sent to a local laboratory for further analysis.

Efficient exploration

"I continue to be amazed that we can discover kimberlites using the very inexpensive excavator technique,” said Buddy Doyle, vice president of exploration at Arctic Star.

“This is the most efficient diamond exploration work I have been involved with in my 38 years of looking for economic diamond deposits. I thank our team in Finland led by Roy Spencer for their continued efforts."

Excavator work will continue into August, followed by ground geophysics and drilling.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

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