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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a typical 45-60-166 as the TSX Venture Exchange fell four points to 765. Polished diamond prices rose 0.1 per cent. Patrick Power's Arctic Star Exploration Corp. (ADD), unchanged at 4.5 cents on 106,000 shares, is waiting to hear what North Arrow Minerals Inc. (NAR: $0.48) has planned this winter at Redemption, southwest of Lac de Gras. North Arrow, which can earn a 55-per-cent interest in the project from Arctic Star, has several lake-based targets to drill this winter, but this summer's drill flop may have dulled its enthusiasm. Don Bubar's Avalon Rare Metals Inc. (AVL) closed unchanged at 23.5 cents on 413,000 shares. Avalon is promoting on two fronts: the Nechalacho rare earth project near Yellowknife and the East Kemptville tin, indium and base metals prospect in Nova Scotia, but its exploration is lagging on both. The company needs nearly $2-billion to develop Nechalacho and a few million for a dream sheet and feasibility study of East Kemptville. The lower cost suggests the latter may be the short-term focus.

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