Margaret Lake Diamonds Inc. is pleased to announce it has filed a National Instrument 43-101 Technical Report for the Kiyuk Lake Gold Property located in the Kivalliq region of Nunavut, Canada with an effective date of June 24, 2019. The independent Report was prepared for Margaret Lake by Ian Trinder the Author and Qualified Person as defined under NI 43-101, of CSA Global Consultants Canada Ltd. The Report is available [...]
Margaret Lake Diamonds Inc. is pleased to report that Cache Exploration Inc. shareholders have approved the proposed acquisition in which the Company will acquire up to an 80% interest in the KiyukLake Gold Property located in southern Nunavut. The Companies will be filing a NI 43-101 technical report to support the technical disclosure of the Transaction shortly. About the Kiyuk Lake Gold Property The Kiyuk Lake land [...]
Margaret Lake Diamonds Inc. "Margaret Lake" or the "Company") is pleased to announce that the 2019 Spring exploration program has been successfully completed at its 60% owned Diagras Property located in the Northwest Territories, Canada. Diagras totals 22,595 Hectares within 31 mineral claims with a total of 23 known kimberlites. The data from this ground geophysical program has been received and interpreted by our [...]
Margaret Lake Diamonds Inc. is pleased to announce the Company has received approval for a Land Use Permit valid until April 2024 at its Kiyuk Lake Gold Property . Additionally, the Company has completed a detailed ground geophysical survey. Interpretation of the data is underway and results will be reported shortly. The survey will be used to identify structures in bedrock that correlate with known zones of gold [...]
Margaret Lake Diamonds Inc. is pleased to report the Company has applied for a Land Use Permit at its Kiyuk Lake Gold Property located in southern Nunavut. Currently, Kiyuk Lake has a Type B water license that is valid until June 2022. The Type B license allows the Company to access local water sources for camp and drilling use. Upon receipt of the LUP, the Company plans to construct an exploration camp in late March [...]
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 [...]
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