Margaret Lake Diamonds Inc

Industry: Other Precious Metals & Mining

Sector: Basic Materials

Primary metal: None

About

Margaret Lake Diamonds Inc. is a mineral exploration company primarily engaged in the acquisition, exploration, and potential development of diamond-bearing properties in Canada. The company’s exploration efforts center around prominent projects such as the Diagras and Morrison properties, as well as several cobalt and nickel ventures including Old Nick and Letain, which feature ultramafic rocks and awaruite mineralization. Its activities include geological surveying, drilling programs, and joint ventures—such as its collaboration with Arctic Star Diamond Exploration, leading to recent discoveries of new kimberlite bodies and positive diamond indicator minerals. The company’s technical compliance with NI 43-101 ensures rigor in reported mineral resources. Margaret Lake Diamonds Inc. plays a key role in Canada’s resource development sector by advancing both traditional diamond exploration and emerging battery metal projects, positioning it at the intersection of luxury commodity supply and the evolving critical minerals market.

Symbol: DIAExchange: TSXVCurrency: CAD