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Frankfurt: WKN:A1JCQC

Disclaimer

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These presentation materials (“the Presentation Materials”) are being supplied to you for information purposes only on Arctic Star. (the “Company”). These Presentation Materials have been prepared by and are the sole responsibility of the Company. The Company have taken all reasonable care to ensure that the facts stated herein are true to the best of their knowledge, information and belief. / These Presentation Materials are being distributed only to and are directed at (a) persons who have professional experience in matters relating to investments being investment professionals as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (the “FPO”), (b) high net worth companies, unincorporated associations and other bodies within the meaning of Article 49 of the FPO or (c) persons to whom it may otherwise lawfully be communicated (together “Relevant Persons”). Any person who is not a Relevant Person or who does not have professional experience in the matters relating to investments should not act or rely on this document or any of its contents. / These Presentation Materials do not constitute, or form part of, a prospectus relating to the Company, nor do they constitute or contain any invitation or offer to any person to underwrite, subscribe for, otherwise acquire, or dispose of any shares in the Company or advise persons to do so in any jurisdiction, nor shall it, or any part of it, form the basis of or be relied on in any connection with any contract. No reliance may be placed for any purpose whatsoever on the information or opinions contained in this document or on its completeness and no liability whatsoever is accepted for any loss howsoever arising from any use of this document or its contents otherwise in connection therewith. Prospective investors are encouraged to obtain separate and independent verification of information and opinions contained in the Presentation Materials as part of their own due diligence. / By accepting these Presentation Materials, the Recipient agrees that the information contained herein or sent herewith or made available is for information purposes only. Without prejudice to the foregoing, neither the Company, nor its advisers nor its representatives accept liability whatsoever for any loss howsoever arising, directly or indirectly, from use of this document or its contents or otherwise arising in connection therewith. / The distribution of these Presentation Materials in certain jurisdictions may be restricted by law and persons into whose possession these Presentation Materials come should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of any such other jurisdictions. / Some statements contained in these Presentation Materials or in documents referred to therein are or may be forward-looking statements. Actual results may differ from those expressed in such statements, depending on a variety of factors. Past performance of the Company or its shares cannot be relied on as a guide to future performance. Any forward-looking information contained in these Presentation Materials has been prepared on the basis of a number of assumptions which may prove to be incorrect, and accordingly, actual results may vary.

◉ Patrick Power, President & CEO, veteran venture capitalist with an intrinsic understanding of the market, has raised over $100M during his 25 year career as a stock market professional and director of public companies.

◉ Buddy Doyle, Geologist & Vice President of Exploration, brings 30 years of experience exploring for gold and Diamonds. Mr. Doyle led the team that discovered the +$14B in situ Diavik Diamond Mine in Canada’s Arctic. Brought Lihir Gold Mine in Paupa, New Guinea to 40M ozs gold from 4M ozs. Recipient of Hugo Drummond award 2007 for Excellence in Exploration. President and CEO of Amarillo Gold Corp.

◉ Thomas Yingling, Director, is a successful seasoned venture capitalist who benefits from over 20 years experience running resource based public companies. He has been a Director of Arctic Star since its inception in 2002. Mr. Yingling has served for over two decades as President of Brahma Communications Corp., an investment consulting firm that specializes in corporate finance, investor relations and strategic corporate planning for publicly traded companies. He has served as President and CEO and/or a director of other resource based public companies.

◉ Christopher Campbell, Geophysicist & Director and integral part of our management team who brings extensive diamond exploration experience to the board. Mr. Campbell has been an independent geophysicist with his own consulting firm, Intrepid Geophysics Ltd. since 1997. Previous to forming his own firm, Mr. Campbell was a geophysicist with the Department of Geological Survey of Botswana.

◉ William Ferreira, Geologist & Director, is an exploration geologist with over 30 years experience in gold, base-metal and diamond exploration in Canada. Mr. Ferreira's employment experience includes work for Noranda Exploration Canada, Esso Minerals Canada, Getty Mines, Falconbridge Ltd., Granges Exploration, Canmine Resources Corp. and San Gold Corp.

◉ Sean Charland, Director, is a seasoned communications professional with experience in raising capital and marketing resource exploration companies. His network of contacts within the financial community extends across North America and Europe. Mr. Charland also serves as a director of Pacific Polar Energy Group.

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Management

Redemption Key Points

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● Property is 32 km from Ekati Diamond Mine and 47km from Diavik Diamond Mine

● Joint Venture with North Arrow Minerals Inc. 55% TSXV: NAR and Arctic Star Exploration TSXV: ADD 45%

● Multiple Indicator Mineral Trains. Diamonds were found in the till samples proving the source is mineralized with diamonds

● Good Diamond Chemistry with Numerous G10 Garnets and Diamonds

● Electro Magnetic Survey Complete

● Gravity Survey Complete

● Bathymetry Survey Complete (Sonar)

● 350 New Till Samples

● 32 Isolated Gravity Anomalies

● Drill program scheduled for March, 16

Redemption Property

Ekati Diamond Mine

Diavik Diamond Mine

Northwest Territories Lac de Gras

Property Option

January 25th, 2016 Arctic Prepares for 2016 drill program on Redemption Project

Arctic Star Exploration Corp. January 25th, 2016 - Arctic Star Exploration Corp, (TSXvADD) is pleased to announce that its partner, North Arrow Minerals Inc. (TSXV-NAR) has reached an agreement with Umgeni Holdings International Limited ("Umgeni") under which Umgeni has agreed to acquire a royalty interest in North Arrow's Redemption Diamond Project for $800,000. Umgeni is a private company of which Christopher Jennings, a director of North Arrow, is a beneficiary of the sole shareholder. Patrick Power, President and CEO of Arctic Star, commented, "I am very pleased that Dr. Chris Jennings has made such a significant investment into Arctic Star's redemption diamond project. This agreement will allow the team to immediately move ahead with exploration drilling programs at the Redemption diamond property without impacting Arctic Star's treasury at all. Planning is underway to conduct a drilling program at Redemption starting in mid-March."

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Property Option

July 04, 2013 North Arrow Acquires Option On Redemption Project

Arctic Star Exploration Corp. (TSXV-ADD) is pleased to announce it has entered into an agreement with North Arrow Minerals Inc. (TSXV-NAR) under which Arctic Star has granted North Arrow an option to earn a 55% interest in the Redemption diamond project in the Lac de Gras region of the Northwest Territories. Option Agreement Under the terms of the option agreement with Arctic Star, North Arrow can earn a 55% interest in the Redemption project by incurring $5 million in exploration expenditures prior to July 1, 2017, including a firm commitment to spend $1,000,000 prior to July 1, 2014. The cost of the current airborne gravity survey will be included in the first year expenditures.

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Pie charts below on the map represent samples with indicator minerals. Different colours, red for Pyrope, blue Ilmenite, green Chrome Diopside.

Note how the trains are parallel following the Northwest trending ice direction Note other indicator mineral trains without known source are present

Regional Indicator Mineral Dispersion Trains

South Coppermine Indicator Train

Indicator Train

Pyrope

Ilmenite

Chrome Diopside

Indicator Minerals

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ARCTIC STAR CHEMISTRY

DIAVIK DIAMOND CHEMISTRY

The pyrope garnet chemistry from the South Coppermine indicator mineral train is shown to the right, in a Chrome vs. Calcium, oxide “Sobolev”, plot. For comparison the same plot is given from the pyrope retrieved from the Diavik project. (see below). Both plots have numerous Pyropes that plot in “H”, Harzburgite or “G10” field (bottom right) considered to indicate good diamond potential. Arctic Star’s indicator mineral train has more pyropes with high chrome (>10%), these ultra-depleted pyropes, have a superior diamond association. (see Grutter 2004). This coupled with the presence of the entire indicator suite, ilmenite, chromite (rare) and eclogitic garnet, with diamonds also reported, is strong evidence the source of the train will be well mineralised.

Graph from published data

Indicator Mineral Train Chemistry

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Electromagnetic Survey (EM)

• EM shows how conductive the ground is

• The survey is used

to look for small round anomalies

• Anomalies can be

both EM highs or lows

• EM is best used as

a tool when comparing with other different types of data

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Airborne Gravity Gradiometer

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• Gravity is a contrast used to measure rock density

• Kimberlites show a low

contrast of 2.5 (GDD) (E) while Granite shows a high contrast of 2.65 (GDD) (E)

• The red shows higher

density data while the blue shows lower density data

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Bathymetry Survey (Sonar)

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• Bathymetry shows lake depth

• Each line on the survey represents 1m of depth

• Bathymetry is used to correct gravity data to give more confidence

• The deeper the lake the greater chance of having corrections to the data and the shallower the lake the less corrections to your data.

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350 Samples Taken 2013 Exploration

Program

• 350 Heavy Mineral Till samples were taken

• Till Samples are in

Yellow • The objective of the

new samples are to infill existing chemistry

Diamond Indicator Mineral Trains

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Studies of the indicator minerals from the South Coppermine train, some of which are imaged to the right, show very angular habits, some with soft alteration rims, (kelphyite for pyrope and lucoxene for ilmenite), all evidence for close proximity to source. Mineral grains lose their coats and become rounded as they travel down ice in the glacier. The angular/coated grains were most abundant at the head of the South Coppermine train. One grain with kimberlite attached was also noted.

Indicator Mineral Train Abrasion Study

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Torrie Kimberlite Cluster at Lac de

Gras • 100% owned by Arctic Star Exploration in green.

• 62 Claims with an area of

T-Rex 54,000 Hectares & Triceratops 46,840 Hectares.

• Both Properties are

Located in the Slave Craton of the Northwest Territories. T-Rex 36 km & Triceratops 31 km are North West of the Ekati Diamond Mine.

• T-Rex has 13 Kimberlites

& Triceratops has 6 Kimberlites in red discovered on the property.

T-Rex

Triceratops

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The Stein Project in Nunavut

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Nunavut Stein Property

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Magnetic Drill Target on Stein Property

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Magnetic Drill Target on Stein Property

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Magnetic Drill Target on Stein Property

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Magnetic Drill Target on Stein Property

EXECUTIVE SUMMARY

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◉ Close to two world Class Diamond Mines, Ekati and Diavik. ◉ Experienced management who lead a team that helped discover Diavik

Mine ◉ Approximately $20 million spent following Indicator Mineral Trains that

are as good as Diavik’s Indicator mineral train ◉ Indicator mineral train contains not only G10 chemistry but diamonds! ◉ New technology, airborne Gravity survey, has identified a new cluster of

anomalies at the head of the mineral train ◉ Recent major discovery has been made in the area using this new

technology, which impacted the share price dramatically! ◉ Project funded by our joint venture partner North Arrow Minerals Inc. ◉ 250,000 acres newly staked, 100% owned by Arctic Star Exploration

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Frankfurt: WKN:A1JCQC