Arctic Star looks for kimberlite at Timantti project

By Canadian Mining Journal Staff / April 03, 2019 / www.mining.com / Article Link

Vancouver-based Arctic Star Exploration has begun exploration at its 100% owned Timantti project in the northern part of Canada near the township of Kuusamo. The company has already located three diamondiferous bodies - White, Black and Grey Wolf - and three kimberlite dykes.

Arctic Star says there is "considerable evidence" that there are additional kimberlites on its property. Indicator minerals have been found in till samples and 30 magnetic anomalies have been identified within a 3-km radius of the Wolf kimberlites.

This year's work program will consist of ground magnetic surveys over priority targets followed by trenching. Arctic Star used the same strategy successfully last year. Any kimberlite found in the trenches will be sent for caustic fusion to determine its micro-diamond content. Follow-up drilling will probably be done later in the year.

(This article first appeared in the Canadian Mining Journal)

Recent News

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com

Gold stocks gain on metal rise and continued equities rebound

August 26, 2024 / www.canadianminingreport.com

Big Gold stocks outperform Big Base Metals

August 19, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok