Arctic Star Exploration Corp

Junior sector weakens with falling gold price

Junior mining stocks continued to show no signs of a turnaround as metal prices remained weak during the shortened trading period May 17-20. A strengthening U.S. economy and greenback are largely resp…


Kyle surrenders stones

A 48-kg sample of diatreme breccia from the Kyle project in northern Ontario has been found to contain 26 diamonds. Metalex Ventures (MTX-V) has a 91.5% stake in the project, with t…


Junior board drifts yet lower

Gold’s slide to a 3-month low precipitated a further drop in the heavily-junior-mining-weighted S&P-TSX Venture Composite Index. The index fell 99.66 points to close at nearly an 8-month low of 15…


Kyle yields small stones

A 48-kg sample of diatreme breccia from the Kyle project in northern Ontario, has surrendered 26 diamonds to partne…






Exercise program good for gold company execs

The recovery of gold equities allowed various gold company executives to cash in on low-priced stock options in the past month. Insider trading transactions reported in the April 2004 issue of the OSC Bulletin include the following:…


Fipke finds kimberlite in Attawapiskat

While following up on promising overburden kimberlite indicator mineral chemistry with auger-core drilling, Metalex Ventures (MTX-V) and Arctic Star Diamond (ADD-V) encountered kimberlite in the James…


Pele lures De Beers to Wawa (August 11, 2003)

The Canadian exploration arm of De Beers has entered into an option agreement with Toronto-based Pele Mountain Resources (GEM-V) at the latter’s 100-sq.-km Festival diamond property, 25 km north of Wa…



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