Mr. Patrick Power reports

ARCTIC STAR PROVIDES GUIDANCE ON CAUSTIC FUSION LAB RESULT TIMING

Arctic Star Exploration Corp. has been tracking the progress of its samples at the SRC diamond laboratory in Saskatchewan. Recent correspondence with the laboratory suggests caustic fusion results should start becoming available at the end of next week, Sept. 9. Previously, in its June 31, 2022, the company had indicated that results should be expected through July and August.

The Diagras joint venture (Arctic Star -- 81.5 per cent, Margaret Lake Diamonds Inc. 18.5 per cent) will report the results as soon as they are available. They will be crucial in planning the company's next exploration program. The joint venture is in the process of planning, permitting and budgeting the 2023 program.

About Arctic Star Exploration Corp.

Arctic Star is predominantly a diamond explorer, recently discovering five new kimberlites in the prolific Lac De Gras kimberlite field that supports two multibillion-dollar kimberlite mining complexes. The company also has a 958-hectare exploration permit containing several diamond-bearing kimberlites on its Timantti project, Kuusamo, Finland. Arctic Star has optioned its Stein diamond project in Nunavut to GGL Resources Corp., which is planning work once COVID restrictions lift. The company continues to look for appropriate diamond opportunities elsewhere.

We seek Safe Harbor.