(via TheNewswire)
Highlights
1,098m drilled
1.91 tonnes (approx.) of Sequoia kimberlite to be sent for caustic fusion for diamonds
140kg (approx.) of Arbutus kimberlite to bs sent for caustic fusion for diamonds.
$168,000 MIP grant received
Drill program
The drill program completed nine holes, totaling 1,098 meters Six were directed towards the ongoing delineation of the Sequoia kimberlite complex and three others were completed exploring for new kimberlite on two exploration targets. This work resulted in the discovery of the Arbutus kimberlite. Table 1 provides the location, bearing, total depth, and dip of each drill hole. Table 2 outlines the geology intersected in each hole.
Table 1
Drill hole | Target | Hole Diameter | Easting | Northing | Bearing | Dip | TD (m) | Comment |
DG2022-01 | Sequoia | HQ | 552487 | 7178500 | 000° | -90° | 201 | delineation |
DG2022-02 | Sequoia | HQ | 552487 | 7178500 | 090° | -70° | 102 | delineation |
DG2022-03 | Sequoia | HQ | 552487 | 7178500 | 270° | -70° | 102 | delineation |
DG2022-04 | DIA-006 | HQ | 553399 | 7178372 | 098° | -50° | 102 | exploration |
DG2022-05 | Sequoia | HQ | 552530 | 7178590 | 000° | -90° | 225 | delineation |
DG2022-06 | Sequoia | HQ | 552530 | 7178590 | 090° | -70° | 123 | delineation |
DG2022-07 | Sequoia | HQ | 552530 | 7178590 | 270° | -70° | 114 | delineation |
DG2022-08 | Arbutus | NQ | 556385 | 7184810 | 000° | -90° | 72 | exploration |
DG2022-09 | Arbutus | NQ | 556385 | 7184810 | 200° | -85° | 57 | exploration |
Total Meterage 1098m
Table 2
Drill hole | Target | From | To | interval | Geology |
DG2022-01 | Sequoia | 28.5 | 156.0 | 127.5 | kimberlite |
DG2022-01 | Sequoia | 171.0 | 180.0 | 9.0 | kimberlite |
DG2022-02 | Sequoia | 27.0 | 102.0 | granite | |
DG2022-03 | Sequoia | 27.0 | 54.0 | 27 | kimberlite |
DG2022-05 | Sequoia | 18.0 | 225.0 | 207 | kimberlite |
DG2022-06 | Sequoia | 21.0 | 90.0 | 69 | kimberlite |
DG2022-07 | Sequoia | 19.5 | 84.0 | 64.8 | kimberlite |
DG2022-04 | DIA-006 | 3.5 | 102 | Granite/Diabase | |
DG2022-08 | Arbutus | 7.8 | 28.3 | 20.6 | kimberlite |
DG2022-09 | Arbutus | 7.5 | 28.3 | 20.8 | kimberlite |
The total meters of kimberlite intersected at Sequoia was 504 meters. The total number of meters intersected at Arbutus is 41.4 meters.
HQ drill core has a diameter of 6.35cm, the density of the kimberlite is not yet known however we assume a density of 2.4g/cm3, 1m of core witl a weight of approx. 7.6kg, the core is split with half or approximately 3.8kg per meter going to the lab for caustic fusion. Therefore, the total estimated sample to be sent for caustic fusion from Sequoia is estimated at 1915 kilograms.
Drill holes DG2022-01 to DG2022-03 were drilled 22m south-southeast of the initial 2021 discovery hole in Sequoia. The first hole was drilled vertical with the following two holes being drilled to the east (DG2002-02) and west (DG2002-03). The intercepts in the angled holes suggest we are drilling of the southern edge of an eruption center. The current thinking is Sequoia is a series of kimberlite pipes that have overlapping craters and this round of drill is at the edge of one of these pipe craters. Drill holes DG2022-05 to DG2022-07 were drilled 100 m to the north-northeast of holes 1 through 3 and are interpreted to be more central in this eruption center with DG2022-05 ending in kimberlite. DG2022-06 drilled to the east hitting the edge of the kimberlite 30.8 m horizontal distance and 84.6 m below the surface. DG2022-07 was drilled westward and hit the edge of the kimberlite at 28.7 m horizontal distance and 78.9m below the surface. Combined these holes suggest the kimberlite has an east-west width of 59.5 m at this location and depth.
Further delineation drilling is planned to further understand the geology, geometry, and grade of Sequoia.
NQ drill core was used in the discovery of the Arbutus kimberlite. NQ core has a diameter of 4.76cm. A kimberlite with a density of 2.4g/cm3will weigh 2.2kg/meter and it is estimated that and 147 kilograms will be sent for caustic fusion for Arbutus, with the entire drill hole DG2022-09 and the one half split from DG2022-08 being fused.
The drill core is now at Aurora’s core logging facility in
The unsuccessful exploration hole DG2022-04 targeted a distinct magnetic low 1.7km from Sequoia. The drill hole did not intersect any material that is interpreted to have caused the magnetic anomaly and may be revisited in the future.
MIP Grant
Airborne Geophysics
The phase 2 Airborne Geophysical survey was completed totaling 3,294.5 line kilometers. Lots of kimberlite like targets were generated by this work.
Ground Geophysics
Ground geophysical crews conducted magnetic and Max-Min EM surveys over the higher interested Class A and Class B in total 27 magnetic surveys were completed totaling 239.6 line kilometers, and 16 Max Min surveys totaling 117.3 line kilometers.
Future Work
The diamonds recovered from the caustic fusion will be studied further to determine amongst other aspects their nitrogen content.
The Diagras JV management committee will meet to determine the
Qualified Person
The Qualified Person for this news release is
About
ON BEHALF OF THE BOARD OF DIRECTORS OF ARCTIC STAR EXPLORATION CORP.
+1 (604) 218-8772
ppower@arcticstar.ca
Neither the
Cautionary Statement Regarding “Forward-Looking” Information
This news release contains “forward-looking statements” including but not limited to statements with respect to Arctic Star’s plans, the estimation of a mineral resource and the success of exploration activities. In this release it is not certain if the kimberlite discovered will be economic or not as this depends on many factors. Forward-looking statements, while based on management’s best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Factors that could affect our plans include our potential inability to raise funds as intended, and in such event we may require all funds raised, if any, to be used for working capital rather than the intended uses as outlined. Accordingly, readers should not place undue reliance on forward‐looking statements.
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