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 [...]
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 [...]
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