VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 3, 2010) - Arctic Star Diamond Corp. ("Arctic" or the "Company") (TSX VENTURE:ADD) is pleased to report that it received all of the 2009 till geochemical results at Credit Lake. This program was designed to, and succeeded in, discovering new targets that may be due to blind (buried) mineralization along the strike of the Providence Greenstone Belt. This belt contains the magmatic, komatiite-hosted nickel-copper-cobalt and platinum group element (Ni-Cu-Co-PGE) sulphide discovery made by Arctic in 2008 which was also selected on the basis of an EM (Electro-Magnetic) target that was coincident with a high nickel-in-soil geochemical anomaly. Arctic's best drill hole in the discovery area reported 5.1m @ 1.73%Ni, 1.75% Cu, 0.17% Co and >2g/t platinum equivalent (Pt+Pd+Rh+Ir+Os).

The final compilation of these geochemical data clearly indicates, enhances and defines eight high priority nickel+copper+cobalt targets in the Central and Western Zones in addition to the eleven targets identified in the Eastern Zone, which were discussed in our new release of February 8, 2010. Most of the eight priority zones coincide well with geophysical targets that were developed from the 2008 VTEM airborne survey. Numerous of these soil anomalies possess signatures of magnitudes equal to or greater than that signature developed from detailed soil sampling over the discovery area.

To view the Figure associated with this press release, please visit the following link: http://media3.marketwire.com/docs/soiltargets.pdf

The grey scale image in the background is a gradient map of the total magnetic field. The arcing east-west trending bands map the ultramafic rock types that host the nickel mineralization at the 2008 discovery site. The north-northwest striking features are young diabase dykes that intruded the Providence Belt much later than the mineralizing events.

The VTEM response (channel 23) is shown in color: The "hotter" the color, the "stronger" the electromagnetic response. Anywhere that the VTEM response and the magnetic response coincide, is considered an excellent drill target. There are 45 separate areas and zones where this occurs.

The nickel, plus copper, plus cobalt geochemical response from the till sampling for which the results are being reported here are superimposed on the image as 50ppm contours. The more anomalous areas are represented by dense compact lines on the image. Red arrows have been placed where there is a strong correlation between the geochem and a nickel EM signature; the yellow arrows represent areas where ground EM investigation is warranted.

Buddy Doyle VP Exploration for Arctic said, "These new results continue to reinforce the notion that both this type of sampling method is effective in the Arctic and that the Providence Belt has potential for additional new discoveries. The proof will be in the drilling and I am pleased to say that we are beginning mobilization for the spring, 2010 program by ordering the fuel needed to be hauled up the winter road. We expect drilling to begin on or about April 1st."

Table 1 summarizes some of the characteristics of the VTEM targets where they coincide with till geochem anomalies in the Central and Western Zones.

The Qualified person for this news release as per the guidelines of NI 43-101 is Buddy Doyle.

Statements Regarding Forward-Looking Information: Some statements contained in this news release are forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain and involve risks and uncertainties that could cause actual results to differ materially. There can be no assurances that future developments affecting Arctic will be those anticipated by management.