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Arctic Star Exploration Corp (2)
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Arctic Star acquires, to explore Triceratops property

2015-01-16 13:24 ET - News Release

Mr. Buddy Doyle reports

ARCTIC STAR STAKES TORRIE KIMBERLITE CLUSTER AT LAC DE GRAS

Arctic Star Exploration Corp. has acquired 100 per cent of the Triceratops property in the Slave craton of Northwest Territories, Canada. The Triceratops property covers six historical kimberlite discoveries and consists of 62 contiguous claims with an area of 46,840 hectares located 31 kilometres northwest of the Ekati diamond mine. Arctic Star now has two 100-per-cent-owned, highly prospective diamond properties in the Lac de Gras kimberlite field: T-Rex and Cave Bear.

Six kimberlites, Vega, S-141, Torrie, Sputnik, Sue and Eddie, previously discovered during the Lac de Gras diamond rush, are present on the Triceratops property. These historical discoveries, documented in mineral exploration assessment reports, government databases and research papers, contained low diamond counts, but higher-grade kimberlite pipes could occur nearby.

The Northwest Territories KIDD (Kimberlite Indicator Diamond Database), a spatial record of historical till sampling results, shows three unexplained kimberlite indicator mineral (KIM) dispersal trains that contain pyrope, chrome diopside, ilmenite and olivine on the Triceratops property. Complex KIM dispersal trains near the Torrie kimberlite cluster are difficult to explain with current bedrock discoveries. Undiscovered kimberlites may have contributed to till geochemistry, but previous exploration techniques were unable to detect them.

Arctic Star plans on using heliborne gravity and other modern diamond exploration methods at Triceratops to generate new drill targets amongst the KIM dispersal trains and kimberlite cluster. On the adjacent Ekati property, six new kimberlites were discovered using a modern heliborne gravity survey. One kimberlite, called Impala, is significantly diamondiferous. Arctic Star hopes for similar success.

Arctic Star's vice-president of exploration, Buddy Doyle, stated: "We are very pleased to increase our land position in the prolific Lac de Gras kimberlite field. With T-Rex and Triceratops, Arctic Star now has one of the largest 100-per-cent-owned land positions near the Ekati and Diavik diamond mines."

Buddy Doyle, BcAppScGeol, MAusIMM, the author of this press release, has 31 years experience in geology, with much of this time focused on successful diamond exploration.

Kevin Kivi, PGeol, qualified person, approves the technical content of this press release.

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