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Margaret Lake Diamonds Inc V.DIA

Margaret Lake Diamonds Inc. is a Canada-based exploration stage company engaged in the acquisition and exploration of mineral resource properties located in Canada and the United States. The Company holds an 18.5-per-cent interest in the Diagras diamond project, Northwest Territories, property. The Diagras Property is located in the north-eastern part of the Lac de Gras kimberlite field, approximately 22 kilometers (km) north-north-east (NNE) of the Diavik diamond mine and 36 km east of the Ekati diamond mine in Northwest Territories (NWT), Canada.


TSXV:DIA - Post by User

Bullboard Posts
Post by ekimon Apr 25, 2018 2:56pm
39 Views
Post# 27939767

Volumes dropped off.

Volumes dropped off.It might be difficult for them to close a second tranche.

The drilling should go ahead...but I'm thinking it might be a question on whether they can drill all 6 targets or have to settle with 2 or 3 targets.

A second tranche would probably help them achieve a full 6 anomaly target drilling program.

As long as they will be drilling something that has a good chance of being kimberlite..I'll be happy.

EKIM
Bullboard Posts