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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a mediocre 48-50-169. The TSX Venture Exchange gained five points to 673 while polished diamond prices inched higher. Eric Friedland's Peregrine Diamonds Ltd. (PGD) slipped lower, dipping to an all-time low of 13.5 cents before closing down one-half cent to 14 cents on 497,000 shares. The slide notwithstanding, Peregrine expects plenty of good news later this year when it completes mini-bulk tests of three Baffin Island kimberlites on its Chidliak project. Akiko Levinson's Gold Canyon Resources Inc. (GCU) gained 1.5 cents to 13.5 cents on 4.41 million shares. Gold Canyon, a Tanzanian rare earth explorer and normally a thin trader, has traded 72 million shares since mid-December.

Patrick Power and Buddy Doyle's Arctic Star Exploration Corp. (ADD), up one-half cent to four cents on 129,000 shares, has picked up another diamond property in the Lac de Gras region of Canada's North, acquiring nearly 50,000 hectares of claims 30 kilometres northwest of the Ekati mine. It is calling the project Triceratops, in keeping with its recent fondness for dinosaurs. The company acquired 54,000 hectares of new claims 25 kilometres north-northeast of Diavik and 35 kilometres east of Ekati, which it called T-Rex. (It is unclear what prompted Mr. Power to name his new diamond plays after dinosaurs, but he chose well: Like their namesakes, the properties were once behind mighty diamond promotions that went extinct in the early 2000s.)

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