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"...Vancouver, British Columbia / May 6, 2019 / Margaret Lake Diamonds Inc. (TSX.V: DIA / FSE: M85) (“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 (“Diagras” or the “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 technical team and they report the work has generated compelling drill targets. The exploration program consisted of ground Gravity, Magnetic and Electromagnetic (EM) surveys focused around historically identified kimberlites as well as other airborne geophysical anomalies with kimberlite like signatures. The Diagras property is a contributing Joint Venture (the “Joint Venture”) between the Margaret Lake Diamonds (TSX.V: DIA), which acts as project operator and holds a 60% interest, and Arctic Star Exploration Corp. (TSX.V: ADD) which holds a 40% interest. Diagras is located in the prolific Lac de Gras diamond field, Northwest Territories, Canada just 35 km from the world-class Diavik diamond mine. The Property lies directly on trend with the Diavik deposits currently being mined by a joint venture between Rio Tinto and Dominion Diamond Diavik. Investors are cautioned that mineral deposits on adjacent properties are not necessarily indicative of mineral deposits on Diagras. Detailed, modern ground geophysical techniques are being employed to define possible additional kimberlite(s) or kimberlite phases not identified by previous explorers, who did not utilize all these techniques. This exploration approach has been successful elsewhere with recent examples including the discoveries of additional diamondiferous kimberlite at the Kelvin and Faraday kimberlite complex (Kennady North project adjacent to the Gahcho Kue’ Diamond Mine). The work was funded in part by significant grants from the Government of the Northwest Territories (GNWT) Mining Incentive Program (MIP). The Company would like to thank the GNWT for their support and recognition of the potential for this quality exploration program, the funding is limited and only granted to those projects judged most like to bring benefit to the NWT. Our companies are grateful for the consideration. The Joint Venture has conducted ground geophysical work over three spring seasons and now has sufficient drill targets to justify drill mobilization, planned for spring 2020. The Diagras project has an active Class ‘A’ Land Use Permit which includes drilling. The permit is good until December 2022 and has the ability for extension..." https://www.margaretdiamonds.com/news/15-2019/78-margaret-la… |
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| aus der Diskussion: | Margaret Lake Diamonds mit sehr interessanten Explorationsgebiet ???? |
| Autor (Datum des Eintrages): | iwanowski (14.05.19 19:34:11) |
| Beitrag: | 17 von 96 (ID:60568032) |
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