Margaret Lake Diamonds Inc.

Margaret Lake Diamonds Inc. is pleased to announce it has entered into an Option Agreement to acquire up to an 80% interest in the Kiyuk Lake Gold Property located in southern Nunavut. The Kiyuk Lake land package consists of 70 contiguous mineral claims encompassing over 59,000 hectares and offers year-round accessibility to a 35-person base camp. Significant past exploration, beginning with Newmont Mining in 2008 and [...]

Margaret Lake Diamonds Inc. announces the resignation of Mr. Paul Brockington as President, CEO and Director and Ms. Debbie Lew as CFO and Secretary of Margaret Lake Diamonds Inc. Mr. Jared Lazerson has been appointed President, CEO and Director. Mr. Lazerson joins Darryl Sittler, Donald Huston, and Buddy Doyle on the Board of Directors. "We would like to thank Paul Brockington for his years of service to Margaret Lake [...]

Margaret Lake Diamonds reports the outcome of its 2018 spring exploration programs at its 60% owned Diagras property and 100% owned Margaret Lake Property in the Northwest Territories. Both projects were funded in part by significant grants from the Government of the Northwest Territories Mining Incentive Program . The Company would like to thank the GNWT for their support and recognition of the potential for these [...]

VANCOUVER, BC / ACCESSWIRE / June 5, 2018 / Margaret Lake Diamonds Inc. announces that it has closed the second tranche of its non-brokered flow-through private placement issuing 4,244,308 units at a price of $0.13 per FT Unit, for gross proceeds of $551,760 and a concurrent non flow-through private placement issuing 35,000 units at a price of $0.12 per NFT Unit for gross proceeds of an additional $4,200. The aggregate [...]

VANCOUVER, BC / ACCESSWIRE / May 30, 2018 / Margaret Lake Diamonds Inc. is pleased to report that exploration has commenced on its Diagras Property located in the Northwest Territories, Canada. The exploration program will consist of Gravity, Magnetic and Electromagnetic ground surveys focused around historically identified kimberlites as well as other airborne geophysical anomalies with kimberlite like signatures. This [...]

Vancouver, British Columbia - Margaret Lake Diamonds Inc. is pleased to announce that diamond drilling is now underway at its 100% owned Margaret Lake Property in the Northwest Territories. The Property is located just nine kilometers north of the Gahcho Kué diamond mine and two kilometers from the Kelvin and Faraday kimberlite deposits The drill program will test up to 6 targets on the Property. Each of the [...]

VANCOUVER, BC / ACCESSWIRE / April 17, 2018 / Margaret Lake Diamonds Inc. announces that further to its news release dated April 6, 2018, that it has closed the first tranche of its a non-brokered flow-through private placement issuing 470,000 units at a price of $0.13 per FT Unit, for gross proceeds of $61,100 and a concurrent non flow-through private placement issuing 3,619,999 units at a price of $0.12 per NFT Unit for [...]

VANCOUVER, BC / ACCESSWIRE / April 6, 2018 / Margaret Lake Diamonds Inc. announces a non brokered flow-through private placement of up to 7,700,000 units at a price of $0.13 per FT Unit, for aggregate gross proceeds of up to $1,001,000 and a concurrent non flow-through private placement of up to 10,000,000 units at a price of $.12 per NFT Unit for aggregate gross proceeds of up to an additional $1,200,000. Each FT Unit [...]

VANCOUVER, BC / ACCESSWIRE / April 5, 2018 / Margaret Lake Diamonds Inc. is pleased to report preparations are now underway to commence a diamond drill program at its 100% owned Margaret Lake Property in the Northwest Territories located nine kilometers north of the Gahcho Kué diamond mine. The drill program has received regulatory approval to proceed. Drilling is scheduled to commence before spring breakup in [...]

VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / March 12, 2018 / Margaret Lake Diamonds Inc. is pleased to provide an exploration update on its Margaret Lake and Diagras properties located in the Northwest Territories. Margaret Lake Property The Company is pleased to report it has generated three high priority drill ready targets at its Margaret Lake Property from the ground geophysical program undertaken in 2017 [...]