Arctic Star Exploration Corp (CVE: ADD, OTCQB: ASDZF) unveiled latest finds from its Timantti diamond project, which included the best diamond results ever reported so far from Finland.
The results are from analysis on the Grey Wolf kimberlite and the Vasa Dykes, which were discovered by excavator, and these first results are from samples within the discovery pits.
"We are greatly encouraged by the results, to date," said Buddy Doyle, the vice-president of exploration.
"So far every kimberlite we have discovered on the Timantti property has proven to be diamondiferous.
Impressed by the Wolves..
"We are particular pleased by the results from the Wolves...," he said. "...these are the best diamond results to date ever reported from Finland, at least at this initial discovery phase.
"We look forward to adding to this as the diamond results from our drilling become available."
Arctic Star's goal at this early stage of the evaluation of the kimberlites is to gather and process enough caustic fusion samples to give guidance on the grade of each discovery.
Total stones from the Wolves kimberlites was 245, of which, 98 were plus 0.106mm and 79 were more than 0.15mm.
At White Wolf, 169 stones were recovered with 70 at more than 0.106mm.
Thirty kimberlites discovered..
So far, around 30 kimberlites have been discovered in Finland by previous workers, from three main fields - Lenturia, Kuhmo and Koupio Kaavi near Outokumpo.
Arctic star owns 100% of the recently acquired Timantti diamond project, which includes a 243-hectare (Ha) exploration permit and a 95,700-hectare exploration reservation near the township of Kuusamo, in Finland.
The project lies around 550km south west of the operating Grib Diamond mine in Russia.