Arctic Star Diamond Corp.: Results From 2009 Indictor Mineral in Till Sampling Further Confirm and Focus the Source Area of the
22 Février 2010 - 3:30PM
Marketwired
Arctic Star Diamond Corp. (TSX VENTURE: ADD) ("Arctic" or the
"Company") is pleased to report that detailed kimberlite indicator
mineral (KIM) sampling at the head of the South Coppermine River
indicator mineral Train (aka "Alpha" train) has narrowed
exploration to a small area about 2 by 2 kilometers in the SE part
of the Credit Lake property NT. The Alpha train is an extensive
kimberlite indicator mineral dispersal train that extends from a
source in the SE part of the Credit Lake property for 20 kilometers
down-ice.
New results from 71 till samples collected in 2009 at the head
of the Alpha train returned two highly anomalous samples. Sample
31679 returned 100 KIM grains (including 75 pyrope garnets), and
sample 31644 returned 67 KIM grains (including 35 pyrope garnets).
Although KIM grains have not yet been probe confirmed, they are
consistent with previous samples in the area. The samples are
located in the northern part of the head of the Alpha train. The
remaining samples returned background counts of kimberlitic
indicator minerals, closing the train off to the east.
Buddy Doyle, VP Exploration for Arctic said, "The current KIM
sample database suggests kimberlites sampled by glaciation likely
occur in a small cluster at the head of the Alpha Train. The Abyss
topographic target, and conductive and magnetic geophysical
anomalies that are well positioned relative to anomalous till
samples, will be tested during an exploration program that is
planned to commence next month."
Another 25 regional diamond till samples were collected from the
Crown Claims, north of the E'kati™ Diamond Mine. From 25 till
samples one anomalous sample with 83 KIMs (3 pyrope, 1
orthopyroxene and 79 olivine). Although the KIMs are not yet probe
confirmed, the results warrant follow-up exploration on the Crown
Claims.
Arctic Star will present the Credit Lake diamond exploration
program at a Prospectors & Developers Association of Canada
(PDAC) Exchange Forum Presentation on Tuesday, March 9, 2010, at
2:20PM in Room 803 AB Diamonds in the South Building of the Metro
Toronto Convention Centre.
The Qualified person for this news release as per the guidelines
of the NI 43-101 is Buddy Doyle.
Statements Regarding Forward-Looking Information: Some
statements contained in this news release are forward-looking
statements. Investors are cautioned that forward-looking statements
are inherently uncertain and involve risks and uncertainties that
could cause actual results to differ materially. There can be no
assurances that future developments affecting Arctic will be those
anticipated by management.
Neither 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.
Contacts: Arctic Star Diamond Corp. Pat Power 604.689.1799
604.689.8199 (FAX) www.arcticstardiamond.com
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