Margaret Lake Diamonds Inc.

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 Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, were [...]

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 of the Company at a price of $0.05 per share for a period of 3 years from [...]

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 sample. A report has recently been filed in compliance with National Instrument [...]

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 0.105mm 0.15mm 0.212mm 0.3mm 0.425mm 0.6mm 0.85mm Weight Kg Total stones [...]

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 photos of Letain 1km x 1.3km area of known nickel cobalt mineralization [...]

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 under the Company's profile on SEDAR at www.sedar.com. Figure 1 - Site visit [...]

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 been obtained. The completed report is available under the Company's profile [...]

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 1200059 Ltd. and BC 1258713 Ltd. as follows: $10,000 upon TSXV approval or 30 [...]

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 administrative and legal remedies to reacquire the project. Further, the Board of [...]

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 insiders are subject to a trading blackout as described, in principle, in [...]