BC FORM 51-102F3 Securities Act
BC FORM 51-102F3
Securities Act
MATERIAL CHANGE REPORT UNDER SECTION 85(1) OF THE ACT
Item 1. Reporting Issuer
Margaret Lake Diamonds Corp.
Suite 2050 – 1055 West Georgia Street
PO Box. 11121
Vancouver, BC V6E 3P3
Item 2. Date of Material Change
September 18, 2017
Item 3. Press Release
Issued on September 18, 2017, at Vancouver, BC, C anada.
Item 4. Summary of Material Change
Margaret Lake Diamonds Inc. announces that it has received results from the 2017 spring
ground geophysical program conducted on the Margare t Lake property in Northwest
Territories, 9 kilometers north of the DeBeers/Moun tain Province Gahcho Kué diamond
mine.
Item 5. Full Description of Material Change
See attached press release.
Item 6. Reliance on Section 85(2) of the Act
N/A
Item 7. Omitted Information
None
Item 8. Senior Officers
The following senior officers of the Issuer are knowledgeable about the material change
and may be contacted by the Commission at the address and telephone number:
Paul Brockington Debbie Lew
President, CEO & Director CFO
(604) 630-2810 (604) 684-2181
Item 9. Statement of Senior Officer
The foregoing accurately discloses the material change referred to herein.
Dated this 18th Day of September, 2017. “Paul Brockington”
Paul Brockington
Name
President, CEO & Director
Position / Title
Vancouver, B.C.
Place of Declaration
MARGARET LAKE DIAMONDS INC.
MARGARET LAKE DIAMONDS INC. ANNOUNCES RECEIPT OF GROUND GEOPHYSICAL SURVEY
RESULTS FROM THE MARGARET LAKE PROPERTY
September 18 , 2017, Vancouver, British Columbia - Margaret Lake Diamonds Inc. (TSXV:DIA)
(“Margaret Lake” or the “Company”) is pleased to announce that it has received results from the 2017
spring ground geophysical program conducted on the Margaret Lake property in Northwest Territories, 9
kilometers north of the DeBeers/Mountain Province Gahcho Kué diamond mine.
During spring of this year a combination of ground gravity and OhmMapper™ (ground electromagnetics)
surveys were conducted over each of 9 priority rank ed targets generated from the 2014 HeliFalcon™
airborne gravity gradiometer survey (see News Relea se April 20, 2015). Physical bathymetric surveys
complemented the ground gravity surveys to allow for consideration of water column in data processing.
Interpreted ground survey results have identified three promising targets which display either a gravity
low, bedrock conductor or a combination of both. In addition, a fourth target has been identified from
historic ground work which also displays coincident gravity and electromagnetic responses. These
anomalies exhibit characteristics which are interpreted as having the potential to represent kimberlite
bodies and are considered targets for additional evaluation and future drill testing. The Company has
regulatory approval for drilling, camp construction and associated exploration activities on the property.
Margaret Lake Diamonds is inspired by the recent discoveries and developments by Kennady Diamonds
Inc. to the immediate southeast. Kennady has applied ground gravity and OhmMapper™ surveys to the
previously discovered Kelvin and Faraday kimberlite bodies which have revealed extensions to these
kimberlites that were not displayed in magnetic sur veys. Subsequent drilling and bulk sampling have
shown that these non-magnetic phases of the kimberlites have superior diamond grades to the magnetic
phases and significantly increase the tonnage poten tial. Margaret Lake Diamonds is leveraging this
knowledge and applying it to Margaret Lake’s proximal claims with the goal of discovering nonmagnetic
kimberlite bodies.
The Margaret Lake diamond property comprises 23 mineral claims totaling 23,199 hectares contiguous
to the north and west of Kennady Diamonds Inc.'s Kelvin and Faraday projects. The company has a 100-
per-cent interest in the property. The property is located 300 kilometers east-northeast of Yellowknife in
the district of Mackenzie, Northwest Territories and is just 9 kilometers to the north of Canada’s newest
diamond mine, Gahcho Kué, a De Beers/Mountain Province Diamonds joint venture.
About Margaret Lake Diamonds Inc.
Margaret Lake Diamonds Inc. is a diamond exploration company focused on the Northwest Territories,
Canada with two exploration properties. The Margaret Lake project as updated in detail above and the
Diagras project described in the company News Release dated September 1, 2017.
Qualified person
The technical data in this news release have been r eviewed by Mark Fields, PGeo, a qualified person
under the provisions of National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS
“Paul Brockington”
Paul Brockington, President and Chief Executive Officer
For further information, please contact:
Margaret Lake Diamonds Inc.
Paul Brockington
President and CEO
Phone: 604-630-2810
Website: www.margaretlake.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.