Arctic Star Exploration (TSXV: ADD) has begun drilling its Diagras Diamond Property in the Northwest Territories. The program is part of a larger exploration program being conducted on the property this year as the firm looks towards conducting bulk sampling in 2023.
The planned drill program will see at least ten holes drilled to test the north-south trending kimberlite complex at the property. The first hole under the program is set to be a 22 metre step-out from the 2021 discovery hole, which is to be drilled to a depth of 200 metres.
After this initial step-out, two additional holes are to be drilled from the same pad to the east and west until they exit the kimberlite complex. From here, drilling will consist of infill drilling along the Sequoia complex, first on 200 metre centres and then 100 metre centres. Overall, the program has been design to delineate the tonnage, geology and geometry of the overall kimberlite complex.
Sponsored · Altamira Gold Corp.
Results from the drill program are to be utilized for a bulk sample program planned for 2023 to identify the diamond value of the property.
The company this morning also indicated that it has completed a phase two survey on 75 metre line spacing across the entire property. Data from the program is to be used to define drill targets, which will be classified into Class A and Class B targets, with the former to be the focus of the current drill program.
Arctic Star Exploration last traded at $0.105 on the TSX Venture.
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