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Margaret Lake Diamonds Inc (2)
Symbol DIA
Shares Issued 12,008,102
Close 2022-03-17 C$ 0.245
Recent Sedar Documents

Margaret Lake, Arctic Star to conduct Diagras survey

2022-03-21 01:58 ET - News Release

Also News Release (C-ADD) Arctic Star Exploration Corp (4)

Mr. Neil Foran of Margaret Lake reports

MARGARET LAKE DIAMONDS JV PARTNER MOBILIZES FIELD CREWS TO DIAGRAS DIAMOND PROJECT, NWT

Arctic Star Exploration Corp., Margaret Lake Diamonds Inc.'s joint venture partner, has mobilized field crews to the Diagras diamond project, Northwest Territories. The first work that will take place is the phase 2 airborne Resolve survey, flown by Xcalibur, designed to cover the entire 48,346-hectare property with a 75-metre line-spaced survey. The phase 1 survey was successful in generating over a dozen high-priority kimberlite-like geophysical signatures, which, based on public domain records, have never seen exploration activity in the past. Arctic Star anticipates a similar number of targets to be generated in phase 2. Quickly following the airborne geophysical survey, geophysical ground crews from Aurora Geosciences, in Yellowknife, will commence airborne target follow-up in preparation for drill testing. A drill rig will then mobilize concurrently with the ground crew.

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