Margaret Lake Diamonds Inc. is pleased to announce that Arctic Star has received diamond indictor mineral results and an interpretation of these from Chuck Fipke for the first hole into the Sequoia Kimberlite complex. The results demonstrate the existence of a number of indicator types that occur with diamonds and strongly suggest the presence of [...]
Margaret Lake Diamonds Inc. is pleased to announce the Company has applied for conditional approval from the TSX Venture Exchange for a waiver from the five-cent minimum price requirement and intends to complete a non-brokered private placement for up to 5,000,000 Units at a price of CA$0.03 per Unit. Each Unit will consist of one common share in [...]
Margaret Lake Diamonds Inc. is pleased to announce at the Company's Annual General Meeting held Thursday August 5 , all resolutions proposed were duly passed by the shareholders of the Company. Shareholders of the Company approved and re-appointed Neil Foran, Jim Wiesenberg, Patrick Butler and George Kovalyov as Directors for the Company. Dale [...]
Margaret Lake Diamonds Inc. today announced that it has granted, effective August 3rd, an aggregate of 2,500,000 stock options in recognition to directors, and officers of the Company. The options are being issued in accordance with the Company's shareholder approved stock option plan. Each Option is exercisable into one common share in the capital [...]
Margaret Lake Diamonds Inc. is pleased to announce samples taken revealed a high concentration of coarse grain awaruite and management is having 10 x 5 kilogram rock chip samples tested by SGS Canada using "Davis Tube" and assay on the concentrate product and tailings for Fe, Ni, S, Cr, Co as well as Rapid Mineralogical Scan on one composite [...]
Margaret Lake Diamonds Inc. is pleased to announce Arctic Star Exploration Corp. has received the first diamond results from its Spring drilling program where 5 new kimberlites were discovered. The first results are from the Sequoia kimberlite complex and are described below in table 1. Table 1. Caustic Fusion Results, Sequoia Kimberlite Drill hole [...]
Margaret Lake Diamonds Inc. is pleased to announce a team of geologists has completed geochemical sampling over an area 100m by 300m at the main zone at the Letain Nickel Cobalt Project, Dease Lake British Columbia. The exploration team arrived by helicopter June 28th and acquired 10 geochemical samples over 1m sections. Figure 1 and 2- Airborne [...]
Margaret Lake Diamonds Inc. is pleased to announce a team of geologists have departed Dease Lake, British Columbia by helicopter to the Letain Nickel-Cobalt project. The deposit is located 80km east from the south end of Dease Lake. A report has recently been filed in compliance with National Instrument 43-101, the completed report is available [...]
Margaret Lake Diamonds Inc. is pleased to announce the TSXV has reviewed the technical reports of the Old Nick, Nickel-Cobalt project in Southern British Columbia and the Letain, Nickel-Cobalt project in North-Western British Columbia and has found them both to be NI 43-101 compliant. The approval on the acquisition of the properties has not yet [...]
Margaret Lake Diamonds Inc. is pleased to announce the acquisition of the Old Nick Nickel-Cobalt project in Southern British Columbia as referenced in BC MINFILE 082ESW055 and the Letain Nickel-Cobalt project in North-Western British Columbia. Letain pictured in Photo 1. Photo 1 Acquisition Terms Payments to the vendors, on a 50/50 basis , BC [...]
Margaret Lake Diamonds Inc. announces the Morrison Copper-Gold Project Located in Omineca Region of British Columbia acquired August 6, 2020, by order of the British Columbia Gold Commissioner, has been returned to the previous leaseholder and the project has been dropped. The Company continues to work with the prospectors on potential [...]
Margaret Lake Diamonds Inc. announces it has requested an exemption for its May 31, 2020 year end Financials and MD&A under BCSC blanket exemption for relief order BCI 51-515: The Company relies on section 4.4 [filing deadline for an interim financial report] of NI 51-102, and [delivery of financial statements] of NI 51-102, section 5.1 [filing of MD&A] of NI 51-102, sections 5.6 [delivery of MD&A] of NI 51-102. The Company's management, directors and other [...]