Margaret Lake Diamonds Inc. is pleased to announce it has entered into an option agreement dated August 1, 2020 to acquire a 100% right, title and interest free of all encumbrances in the Morrison Copper-Gold Deposit located 65km North East of Smithers, B.C. . In order exercise its option to acquire an undivided eighty percent right, title and interest in and to the Project , subject to a net smelter returns royalty [...]
Company Evaluating New Lubrizol Electrolyte that Would Bring Reliability and Scale to Margaret Lake's Vanadium Battery Solutions Margaret Lake Diamonds Inc. is pleased to announce as part of its efforts to accelerate reliable energy storage through vanadium redox flow batteries , the company will soon begin testing a new vanadium electrolyte from The Lubrizol Corporation. This electrolyte is essential in holding energy [...]
Margaret Lake Diamonds Inc. is pleased to announce that it has appointed two new directors, Jim Wiesenberg and Neil Foran. Mr. Wiesenberg has extensive organization building and capital markets experience. He has been responsible for forging strategic alliances with wireless broadband service providers and manufacturers, as well as marketing Narrowband PCS licenses to the utility industry plus and investment community. He [...]
Margaret Lake Diamonds Inc. pleased to announce it has extended its joint venture closing with KORID Energy of Korea for an additional 60 days from March 11, 2020, to give time for Toronto Venture Exchange Review. Joint Venture Transaction For more information, refer to the Company's news release dated January 23, 2020. This press release refers to a joint venture to construct a factory in the United States for the [...]
Margaret Lake Diamonds Inc. is pleased to announce specifications for four models of its Vanadium Redox Flow Battery energy storage systems , and is now in pre-sales and booking orders for projected 2021 delivery. The Company encourages interested system integrators and utilities to contact them for further details. "We believe our systems will appeal to a wide variety of system integrators and utilities in the renewable [...]
Margaret Lake Diamonds Inc. is pleased to announce, further to its news release of January 27, 2020 announcing its proposed vanadium redox flow battery and energy storage system joint venture with KORID Energy Company Ltd. , that effective at the open on Tuesday, February 11, 2020, trading in the Company's shares will resume. Completion of the Transaction is subject to a number of conditions, including but not limited to [...]
Margaret Lake Diamonds Inc. and KORID Energy Company Inc. , a subsidiary of DST Inc. , are pleased to announce a joint venture to construct a factory in the United States for the purpose of producing Vanadium Redox Flow Batteries and energy storage systems . Executives of Margaret Lake and KORID along with past and current officials of the State of New York met in New York City for the signing of the joint venture [...]
Margaret Lake Diamonds Inc. is pleased to announce that it has arranged a non-brokered private placement for total gross proceeds of up to $250,000. The offering is subject to a $100,000 gross proceeds minimum. The Offering will consist of the issuance of no less than 4,000,000 common shares and up to 10,000,000 common shares at price of $0.025 per common share . The Offering will be available to existing securityholders [...]
Margaret Lake Diamonds Inc. is pleased to report arrival of a 20-person field crew to the Kiyuk Lake Gold Property to conduct field reconnaissance, review historic drill core and complete detailed surveying. Surveyors will cut boundary lines on 25 claims in order to convert the claims to mineral leases, which will secure the most prospective leases and eliminate annual work commitments. The survey is expected to be [...]
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 [...]
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