Arctic Star Exploration Corp. has commenced a diamond exploration programme on its 100% owned Timantti Diamond Project in Finland, the Company announced yesterday. “The land package includes a 243 Ha Exploration Permit and has a district scale 95,700 Ha Exploration Reservation near the township of Kuusamo,” Arctic Star stated. “The Project benefits from excellent infrastructure and exploration activity can be conducted all year-round.”
The Company plans to conduct Ground Geophysics in the area which, it says, contains the diamondiferous Black and White Wolf kimberlites. “The ground-based, magnetic, gravity and electro-magnetic surveys are designed to help define the shape and size of the Wolf kimberlites, as well as to detect possible new kimberlite-like anomalies within the area for drill testing,” Arctic Star explained.
In the vicinity near the Wolf kimberlites, the Company plans to take 20 Backhoe Till Samples in order to identify potential drill targets based on diamond indicator mineral results.
The Drill Programme will cover approximately 8 drill holes (1,500m) including the 2 Wolf Kimberlites, the Company reported.
Buddy Doyle, VP Exploration stated, “The assay results demonstrate that the Wolf Kimberlites have significant micro-diamond counts comparable in number to those found in economic kimberlites. The current drill program is designed to significantly boost the size of the sample, at which stage the company should have an estimate on the size and the grade of the diamonds, and allow us to make a decision to proceed to bulk sampling.”
News Source: gjepc.org