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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a 61-61-143 draw. The TSX Venture Exchange rose fractionally to 805 while polished diamond prices inched higher. Matt Manson's Stornoway Diamond Corp. (SWY), currently a market favourite, gained three cents to $1.13 on 1.36 million shares.

James Bruchs's Tsodilo Resources Ltd. (TSD: $0.78) still plans to bulk sample its BK-16 kimberlite in Botswana. The company expects the work to start in the third quarter. (If so, it had best get busy.) Tsodilo has already "initiated an environmental assessment," which is a requirement before the large diameter drilling program can get under way. Mr. Bruchs, chairman and chief executive officer, says the 17-hole, 3,460-metre drill program will start in the fourth quarter, once the plant and final diamond recovery unit are refurbished.

Tsodilo holds a 100-per-cent interest in BK-16, which is 25 kilometres southeast of the Damshtaa mine and 35 kilometres east-southeast of the huge Orapa mine that has been a major diamond producer for De Beers for decades. It is also 28 kilometres east-northeast of the Karowe mine, which is now a major source of revenue for Lucara Diamond Corp. (LUC: $4.29) for the past few years.

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