Mr. Scott Eldridge reports

ARCTIC STAR ANNOUNCES DIAMOND COUNT OF 758 STONES FROM DRILLING AT TIMANTTI DIAMOND PROJECT, FINLAND

Arctic Star Exploration Corp. has released the second set of results from drilling at the White Wolf kimberlite occurrence at its 100-per-cent-owned Timantti diamond project near Kuusamo, Finland. The results are from caustic fusion method on a composite 262.33 kilograms of split HQ drill core from spring 2018 drilling at the project.

Complete results from the White Wolf kimberlite are reported in the table and include the past caustic fusion diamond results and the results just received for a combined total of 1,032 diamonds from 409.3 kg of White Wolf kimberlite.

                                MICRODIAMOND ASSAY RESULTS, WHITE WOLF KIMBERLITE

Kimberlite           Sample  +0.106 mm +0.15 mm +0.212 mm +0.3 mm +0.425 mm +0.60 mm +0.85 mm +1.18 mm   Total
                     weight                                                                             stones
                        (kg)

White Wolf new       262.33        393      168        95      62        18       11        7        3     758
White Wolf previous  147.60        123       85        41      19         9        5        0        2     274
White Wolf total     409.93        516      253       136      81        27       16        7        5   1,032

Previous results where a mixture of core and surface samples were processed at Micolithics and Saskatchewan 
Research Council, Saskatoon, Sask. Both laboratories are independent of the issuer; SRC is an ISO9000 
laboratory; a chain of custody protocol was adhered to. Sample weights are dry weights.

Arctic Star completed initial exploration and delineation drilling at the project in spring 2018. Exploration located four separate kimberlite occurrences including the White Wolf, Black Wolf, Grey Wolf and Vasa dike swarm.

Results from the White Wolf kimberlite will now form the basis of the interpretation process. This work is based on the size distribution of the diamond results for the purpose of providing an estimate of overall grade as well as guidance for size of bulk sample, should a decision to proceed with bulk sampling be made. A bulk sample containing greater than 1,000 carats of commercial-sized diamonds would be needed to obtain a view of the average price of the diamonds in the kimberlite, at which stage the first economic estimate could be made.

Buddy Doyle, vice-president of exploration, stated: "We are very encouraged by the diamond results from White Wolf kimberlite, we await the diamond results from Black Wolf, and Grey Wolf, expected prior to the end of this month. With all the results in hand we can plan the next stage for these kimberlites. However, our focus will be more on finding more, we expect we are in a larger kimberlite field based on diamond indicators in the till in the area with at least several separate sources. It would make more sense to explore, find and do similar caustic fusion analysis to make an inventory of kimberlites that need bulk sampling, prior to doing this exercise on the wolves."

A summer exploration program is under way to identify additional kimberlites including esker and till sampling, in addition to focused airborne and ground geophysical surveys.

Qualified person

The technical portions of this press release were reviewed by Arctic Star's vice-president of exploration, Buddy Doyle, AUSIMM, a geologist with over 30 years of experience. Mr. Doyle is a non-independent qualified person within the meaning of National Instrument 43-101.

About Arctic Star Exploration Corp.

The company owns 100 per cent of the recently acquired Timantti diamond project, including a 243-hectare exploration permit and a 193,700-hectare exploration reservation near the town of Kuusamo, in Finland.

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