Lithoquest Diamonds Inc. announces that it will conduct a non-brokered private placement, subject to the approval of the TSX Venture Exchange, for aggregate gross proceeds of up to $250,000. The Offering will consist of common shares at a price of $0.03 per Share. The Offering will be conducted pursuant to available prospectus exemptions including sales to accredited investors, family members, close friends and business [...]
Lithoquest Diamonds Inc. today announced that it has received results from microdiamond analysis of the 1805 and 1826 kimberlites discovered in 2019 during the Company's second drill campaign on its 100% owned North Kimberley Diamond Project in Western Australia. No diamonds were recovered from either kimberlite. Reverse circulation drill cuttings were collected at one metre intervals from each body. Nine samples from the [...]
Lithoquest Diamonds Inc. today reports the agreement, announced on October 29, 2019, to acquire 3,500 sq-km of Exploration Licences in the North Kimberley region of Western Australia has terminated. About Lithoquest Diamonds Inc. Lithoquest is a Canadian diamond exploration company focused on the discovery and development of economic diamond deposits on its 100% owned North Kimberley Diamond Project located in Western [...]
Lithoquest Diamonds Inc. announces, that, subject to certain conditions, it intends to amend the terms of a total of 11,838,636 outstanding share purchase warrants representing all of the warrants of the Company currently outstanding for which amendment to the terms is permissible under the rules of the TSX Venture Exchange. All of the Warrants were issued in connection with Lithoquest's "reverse takeover" transaction [...]
Lithoquest Diamonds Inc. today announced that it has entered into an agreement to acquire six exploration licenses contiguous to its 100% owned North Kimberley Diamond Project in Western Australia . "Our recent kimberlite discoveries in the North Kimberley have prompted the Company to increase its land position by more than three times in this prospective diamond district," stated Bruce Counts, Lithoquest President and [...]
Lithoquest Diamonds Inc. today announced that kimberlite was intersected at drill targets 1805 and 1826 during the recently completed drill program on its 100% owned North Kimberley Diamond Project in Western Australia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191021005218/en/ Figure 1: Kimberlite Discoveries 2019 Drill Program Highlights Two new [...]
Lithoquest Diamonds Inc. today announced that a truck-mounted reverse circulation drill rig has arrived and begun drilling on its 100% owned North Kimberley Diamond Project located in Western Australia. The Company anticipates drill testing Targets 1805, 1826 and 1827 during the 2019 program. Additional targets may also be tested, time permitting. Samples of the drill cuttings will be collected and logged on site under a [...]
Lithoquest Diamonds Inc. today announced that three targets have been selected for drill-testing on its 100% owned, 1,500 km2 North Kimberley Diamond Project . Targets 1805, 1826, and 1827 confirmed for drill testing Drill mobilization planned for first half of October 2019 "Results to date indicate excellent potential for the discovery of diamond-bearing kimberlites in the upcoming drill program", stated Bruce Counts [...]
Lithoquest Diamonds Inc. today announced that initial results from Phase I of the 2019 field program on its 100% owned North Kimberley Diamond Project have been received and Target 1826 is confirmed as a high-priority drill target for the 2019 program. Highlights High priority target 1826 confirmed by Phase I sample results Complete Phase I results expected over next four to six weeks Drilling scheduled to begin in [...]
Lithoquest Diamonds Inc. is pleased to announce that it has received TSX Venture Exchange conditional approval and today closed a first tranche of the Company €™s non-brokered private placement, previously announced on May 23,2019. Pursuant to this tranche of the Offering, the Company has issued 9,780,000 common shares at a price of $0.10 per common share for aggregate gross proceeds of $978,000. In connection with the [...]
Lithoquest Diamonds Inc. today announced that it has commenced the 2019 field program on its 100% owned North Kimberley Diamond Project in Western Australia. "The Company is well positioned to discover diamond bearing kimberlites on the North Kimberley Diamond Project in 2019," stated Bruce Counts, President and CEO of Lithoquest Diamonds Inc. "A highly qualified technical team has now been deployed to evaluate over 20 [...]
Lithoquest Diamonds Inc. today announced that it will conduct a non-brokered private placement, subject to the approval of the TSXV, of up to 15,000,000 units at a price of $0.10 per unit for aggregate gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company and a net smelter royalty on the Company's ownership interest in the North Kimberly Diamond Project. The royalty rate of the NSR [...]
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