Tue Aug 31, 2010
Arctic enters into an option agreement with Big Red Diamond Corp. on a rare earth element property near Sept-Iles, Que.
[link to www.arcticstardiamond.com]

... Rare Earth Elements ('REE's") project located 52 kilometers northwest of Sept-Iles, Que. Arctic Star can earn a 50% interest in the J6L1 project by issuing 1,000,000 million shares of the company, spending $500,000 in exploration expenses on the project by December 31, 2011 of which $75,000 must be spent by December 31, 2010.

...An independent interpretation of the airborne survey was subsequently compiled by geological consultant Dr. Danielle Giovenazzo, PhD, PGeo.

The findings of the report showed several anomalous areas outlined within the survey. The high-resolution spectrometric and magnetometer survey showed the presence of a circular feature, measuring five by five kilometers, with a highly magnetic centre and annular fault, or ring dikes, marking the outer periphery of this complex. Another circular feature was partially covered and is located in the eastern portion of this survey. These circular magnetic patterns are similar to those associated with other REE properties such as Quest Rare Minerals Ltd. Misery Lake project. Regional geological maps indicate the J6L1 magnetic feature is associated with a monzonite intrusion. However, due to the presence of niobium, zirconium and other REEs, it is likely that this intrusion has been misidentified in the past.

...
Rare earth elements (REE), which include minerals such as dysprosium, terbium, thulium, lutetium and yttrium, are widely used and indispensable in the fields of electronics, aviation, atomic energy, and mechanical manufacturing. They are essential elements to many of the new emerging green technologies such as hybrid and electric vehicles, and wind power generation. Further recent Chinese REE export restrictions have fueled worldwide concerns and interest for alternative REE deposits.


the presence of a circular feature, measuring five by five kilometers, with a highly magnetic centre and annular fault, or ring dikes, marking the outer periphery of this complex.
Round anomalies 5 by 5 KM ???!?!?!?!
Could this be what I think in my wild wild thoughts that it could be ???!?!?!




Talking about RARE elements ...
Diamonds in greenlands ice sheet !!!

Nanodiamonds discovered in Greenland ice sheet
[link to www.rdmag.com]

"There is a layer in the ice with a great abundance of diamonds," said co-author James Kennett, professor emeritus in the Department of Earth Science at UC Santa Barbara. "Most exciting to us is that this is the first such discrete layer of diamonds ever found in glacial ice anywhere on Earth, including the huge polar ice sheets and the alpine glaciers. The diamonds are so tiny that they can only be observed with special, highly magnifying microscopes. They number in the trillions."

Last year, the Kennetts reported the discovery of nanosize diamonds in a layer of sediment exposed on Santa Rosa Island, off the coast of Santa Barbara. They published this information with numerous co-authors in two papers last year in the Proceedings of the National Academy of Sciences and Science magazine.

...

Kennett explained that the layer containing nanodiamonds on Santa Rosa Island, as well as those in the Greenland ice sheet — both supporting a cosmic impact event — appear to closely correspond to the time of the disappearance of the Clovis culture, the earliest well-established and well-accepted human culture living across North America. The event also corresponds with the time of extinction of many large animals across North America, including mammoths, camels, horses and the saber tooth cat.

There is also evidence of widespread wildfires at that time, said Kennett. An associated sharp climatic cooling called the Younger Dryas cooling is also recorded widely over the northern hemisphere.


Hmmmmmzzz ....