[Marinir] {Disarmed} Arctic Star Discovers 19.3 g/t Gold Mineralization From Grab Sample at El Havila Property, Columbia

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http://www.arcticstardiamond.com/ 

Arctic Star Confirms Gold Mineralization at El Havila Property in 
Colombia including 19.3 g/t Au From A Grab Sample 

Arctic Star Exploration Corp. (TSXv: ADD 

http://www.stockwatch.com/Quote/Detail.aspx?action=go&symbol=ADD&region=C&lookup=symbol&snapshot=default 

) is pleased to report that, further to its news releases dated January 
30th and February 16, 2012, gold mineralization has been confirmed at 
its recently optioned El Havila property (the "Property"), located 32 
kilometres north west of the town of Frontino, Colombia. 

Samples from the Property were collected by geologists during a recent 
site visit. Six grab samples, ranging in weight from 1.17 kg to 4.68 kg 
and exhibiting intense alteration and over 10% sulphides, were sent to 
Acme laboratories in Vancouver for rush assays. Five of the grab samples 
returned significant gold assays ranging from 3.96 g/t AU to 19.3 g/t 
AU. The samples were taken from two separate exposures spaced 139 metres 
apart. Readers are cautioned that, by their nature, grab samples are 
taken from the best looking, most sulphide rich zones and will tend 
represent the better values of the mineralization and management advises 
that the above findings are very preliminary and are not, at this time, 
indicative of the overall mineralization of, or expected future results 
from, the Property. Sixty-seven additional grab and channel samples 
taken over a broader area at the Property have also been submitted for 
assays, and results are pending. Grab and channel samples are important 
for understanding the style and signature of the mineralization of the 
Property. 

Arctic Star has an option to earn an 85% interest on the Property by 
making US$5,000,000 in exploration expenditures over a 3 year period. 
Its interest in the Property can be increased to 95% by the payment to 
the Property vendor of 15,246 troy ounces of gold. The Property vendor 
would retain a 5% free carried interest .The site visit and the assays 
reported here confirm, at this time, the prospectivity of the Property, 
and the Company plans to proceed with an aggressive exploration program 
that will include soil sampling, geophysics trenching, and drilling. 

In addition to the assay results obtained from the grab samples, the 
Company has also received results from an Electron Microprobe study on 
the nature of the mineralization at El Havila. The work has identified 
gold, silver and telluride minerals as inclusions in pyrite, sphalerite 
and chalcopyrite, Hessite (AgTe2), Calavarite (AuTe2), and Sylvanite 
((Au,Ag)2Te4 ). Gold Telluride systems are not common, and examples of 
such systems include the Superpit at Kalgoorlie, Australia, Cripple 
Creek in Colorado, the Emperor Mine in Fiji and the Mara Rosa deposit in 
Brazil. The size and extent of the mineralization on the Property is not 
known at this early stage. 

Kevin R. Kivi, P.Geo., supervised the sampling and mapping of the El 
Havila Property, implemented chain of custody and sample security 
protocols, and is the Company's in-house qualified person for the 
purposes of NI 43-101 guidelines responsible for the technical 
information provided in this news release. EMP Mineralogy results were 
provided by R.L. Barnett Geological Consulting Ltd. and Renaud 
Geological Consulting Ltd. Assays were provided by Acme Analytical 
Laboratories (Vancouver) Ltd., Vancouver, BC, which is an ISO/IEC 
17025:2005 accredited lab by Standards Council of Canada. 

http://www.infostockbiz.com/images/ADD_large_gold.jpg 

ON BEHALF OF THE BOARD OF DIRECTORS OF ARCTIC STAR EXPLORATION CORP. 

Patrick Power 

Patrick Power, President 

Forward Looking Statements 

This press release contains projections and forward-looking information 
that involve various risks and uncertainties regarding future events 
such as: (a) the closing or exercising of the option to acquire an 
interest in a gold property; (b) the likelihood that the property has 
gold or other commercial mineralization; and (c) the work program to be 
conducted by Arctic. Such forward-looking information can include 
statements based on current expectations involving a number of risks and 
uncertainties and are not guarantees of future performance of Arctic 
such as the willingness of the parties to close the transactions, our 
ability to raise financing, geological information resulting in changed 
plans for exploration, our ability to contract equipment and labor, 
current economic conditions and the state of mineral exploration and 
mineral prices in general . These risks and uncertainties could cause 
actual results and Arctic's plans and objectives to differ materially 
from those expressed in the forward-looking information. Due to 
conditions precedent to exercising the option, and the risk that these 
conditions precedent will not be satisfied, the Arctic can offer no 
assurance that it will acquire any interest in the property. These and 
all subsequent written and oral forward-looking information are based on 
estimates and opinions of management on the dates they are made and 
expressly qualified in their entirety by this notice. Except as required 
by law, Arctic assumes no obligation to update forward-looking 
information should circumstances or management's estimates or opinions 
change. Neither the 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. 

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