Arctic Star Announces Diamond Results from Sequoia Kimberlite Complex
Vancouver, British Columbia -- July 6th, 2021 -- NewsGenie -- Arctic Star Exploration Corp. has announced encouraging initial diamond results from its Spring drilling program, which saw the discovery of five new kimberlites. The first results are from the Sequoia kimberlite complex. Caustic Fusion Results are detailed in the table below.
| Drill hole | 0.105mm | 0.15mm | 0.212mm | 0.3mm | 0.425mm | 0.6mm | 0.85mm | Weight Kg | Total stones | Stones/100kg |
|---|---|---|---|---|---|---|---|---|---|---|
| DG2021-04 | 122 | 47 | 9 | 7 | 4 | 2 | 0 | 221.75 | 191 | 86 |
| DG2021-05 | 24 | 7 | 2 | 0 | 0 | 0 | 0 | 70.85 | 33 | 47 |
| Sequoia Total | 146 | 54 | 11 | 7 | 4 | 2 | 0 | 292.60 | 224 | 76 |
The spring drilling aimed to find new kimberlites. Arctic Star has demonstrated the existence of a large, diamond-bearing kimberlite complex at Sequoia.
Noteworthy is the difference in diamond counts between drill holes 04 and 05, indicating variable diamond grades. The lab described a dozen larger diamonds as white, with 75% clear. Future work will assess diamond quality via bulk sampling.
Patrick Power, President, stated the results are encouraging and the company will propose a Summer/Fall exploration budget to further drill test the target, potentially including other kimberlites.
The next step involves drilling multiple holes across the Sequoia kimberlite complex to understand the geology and diamond distribution. Areas needing testing are highlighted in orange in Figure 1.
Figure 1. Location of the Spring 2021 Sequoia complex drill hole, the background is a colour grid of the ground Gravity data (0.1milligal contours), Black dots are the gravity stations. Blue lines outline lakes. Orange brackets highlight sizable tracks of the complex that require testing by drill holes.
Helicopter-supported drilling at Sequoia is feasible most of the year and could commence upon financing. The target is 6.2 kilometers from the exploration camp.
The Diagras project is a Joint Venture between Arctic Star and Margaret Lake Diamonds Inc. Arctic Star manages the project and proposed a $2.1 million spring budget. A new Summer/Fall budget, including further drilling at Sequoia, will be discussed within the JV in July.
Results from other discovered kimberlites are expected in 3-6 weeks.
Buddy Doyle, a geologist with 35 years of experience, is the Qualified Person for this release.
Arctic Star is a diamond explorer focused on the Lac De Gras kimberlite field and also has projects in Finland and Nunavut.