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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (100035)4/16/2013 10:26:41 PM
From: average joe  Respond to of 217588
 
Diamond is a way better investment right now and easier to hide than gold.



April 16, 2013

Arctic Star to commence drilling on its Redemption Diamond Project

April 16th, 2013 - Arctic Star Exploration Corp. (TSX.v: ADD) (the "Company" or "Arctic Star") is pleased to announce that it has engaged the services of Peak Drilling. The drill rig and crew have mobilized to the 100% owned Redemption Diamond Project located in the Lac de Gras diamond fields in the Northwest Territories (NT).

Several compelling Geophysical targets will be drill tested, one of which is located at the head of the South Coppermine Diamond Mineral train. The South Coppermine indicator mineral train has excellent diamond indicator mineral chemistry. It includes numerous pyrope garnets, high-magnesium ilmenites, chrome diopsides, chromite, and eclogitic garnets. All of these indicator minerals exhibit compositions that are related to strong diamond mineralization. Furthermore, micro-diamonds were recovered from this train, confirming the source is mineralized with diamonds. The indicator minerals are also very angular, have soft alteration coats and some are even attached to kimberlite, all evidence that the source is close by.

In the Lac de Gras area, there are already three producing diamond mines, Ekati (32 km from Arctic Property), Diavik (47 km from Arctic property), and Snap Lake (97 km distant). These are comprised of a number of economic diamond kimberlite pipes and dykes within a prolific diamond field consisting of more than 200 kimberlites.

The author of this news release is Mr. Buddy Doyle, MAusIMM, a geologist of 30 years experience, 20 years of which is in diamond exploration. The qualified person is Kevin Kivi, P Geol., a geologist with 20 years experience in diamond exploration.

The company also encourages the reader to visit our website for an updated company presentation, which includes maps, as well as geophysical and geochemical data. To see images of the South Coppermine Target please visit the companies web site at

arcticstar.ca