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File: Arctic Acquires Second Exploration Permit, a{ €}{ œ}Vaimosoua{ €}{: }, Timantti Project
--->Finland.docx
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TSX-V: ADD
Frankfurt: 82A1
WKN: A2DFY5
April 16, 2019
Arctic Acquires Second Exploration Permit, "Vaimosou", Timantti Project Finland
April 16, 2019 - Vancouver, British Columbia - Arctic Star Exploration Corp. ("Arctic Star" or the "Company") is pleas
--->ed to announce that it has successfully applied for and received its second Exploration permit totaling 882 hectares n
--->amed Vaimosou on its 100% owned Timantti project near Kuusamo, Finland. The permit adjoins and partially surrounds the
---> existing 289 Hectare Exploration permit named Salvarra which contains all of our kimberlite discoveries to date. Vaim
--->osou falls within our Exploration Reservation totaling 193,700 Hectares. A drone/UAV based magnetic survey was complet
--->ed over the new permit last year and revealed three primary high priority pipe like targets. The magnetic survey also
--->covered the western portion of the Wolf Kimberlite trend which is expressed as a series of magnetic anomalies stretchi
--->ng 1.8km, of which the most eastern 300m is the Wolves themselves. Permission to access these targets from the surface
---> rights owners is now being sort, and exploration will begin with ground geophysical surveys.
Arctic Star now has a total 1171 Hectares of exploration permits and plans to continue to add to this as warranted by
--->our regional exploration work.
Qualified Person The technical data in this news release has been reviewed and approved by Buddy Doyle, a diamond geol
--->ogist with over 30 years of experience, a Qualified Person under the provisions of National Instrument 43-101.
About Arctic Star
The Company owns 100% of the recently acquired Timantti Diamond Project including a 1171 Ha Exploration Permit and a 1
--->93,700 Ha Exploration Reservation near the town of Kuusamo, in Finland. The project is located approximately 550km SW
--->of the operating Grib Diamond Mine in Russia. Arctic has commenced its exploration in Finland on the Timantti Project,
---> where four diamondiferous kimberlite bodies may represent the first finds in a large kimberlite field. The Company al
--->so controls diamond exploration properties in Nunavut (Stein) and the NWT (Diagras and Redemption).
Arctic Star has a highly experienced diamond exploration team previously responsible for several world class diamond d
--->iscoveries.
ON BEHALF OF THE BOARD OF DIRECTORS OF ARCTIC STAR EXPLORATION CORP.
"Patrick Power"
Patrick Power, President & CEO
+1 (604) 218-8772
ppower@arcticstar.ca
Forward Looking Statements: This news release contains "forward-looking statements" including but not limited to state
--->ments with respect to Arctic Star's plans, the estimation of a mineral resource and the success of exploration activit
--->ies. 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 f
--->uture events could differ materially from those anticipated in such statements. Accordingly, readers should not place
--->undue reliance on forward-looking statements. Arctic Star undertakes no obligation or responsibility to update forward
--->-looking statements, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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