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Margaret Lake Diamonds Inc V.DIA

Margaret Lake Diamonds Inc. is a Canada-based exploration stage company. The Company is engaged in the acquisition and exploration of mineral resource properties located in Canada and the United States.


TSXV:DIA - Post by User

Post by eddy0505on Apr 30, 2021 8:30am
111 Views
Post# 33099831

Large Complex-News ADD

Large Complex-News ADD

Second drill hole into the Sequoia geophysical anomaly strikes kimberlite. 

- This drill hole confirms the existence of a large kimberlite complex. 

- The combined geophysical anomaly EM, gravity, and magnetics is 1km in length and up to 200m wide. It is elongated north to south. 

- This new drill hole angled east to west (295°), -60 inclination, intersected kimberlite at 31 m, and exited at 88m. It was drilled 240m north of the original hole. 

- The previously discovered Jack Pine kimberlite forms the southern end of the kimberlite complex and is known to contain diamonds. 

- A kimberlite complex is made by multiple kimberlite eruption events, each event will have its own characteristics and diamond content.

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