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by Will Purcell

The diamond and specialty minerals stocks box score for Wednesday was an upbeat 83-71-140. The TSX Venture Exchange rose five points to 802 while polished diamond prices inched lower. Dermot Desmond's Mountain Province Diamonds Inc. (MPVD) rose one cent to $3 on 596,000 shares. The company recently reabsorbed Kennady Diamonds Inc., its 2012 spinoff sister.

Patrick Power and Scott Eldridge's Arctic Star Exploration Corp. (ADD), unchanged at 18 cents on 910,000 shares, has diamond counts from the two kimberlites that it discovered earlier this year, Grey Wolf and Vasa, on its Timantti diamond project in Finland. Grey Wolf and Vasa were discovered when the company was collecting basal till samples with an excavator; the diamonds are from the kimberlite recovered in that program. (The bulk of the Timantti diamond counts, from kimberlite recovered by drilling this year, are pending.)

Arctic Star's best result came from Grey Wolf, where it recovered 76 diamonds from nearly 100 kilograms of kimberlite. The haul included one diamond that sat on a 1.18-millimetre sieve, which typically might have weighed about 0.025 carat, or perhaps a bit more. If so, the one diamond would imply a grade of about one-quarter carat per tonne, roughly comparable with what the company found last year in a due diligence check of White Wolf, one of two kimberlites discovered in 2005 by a previous explorer. (Arctic Star reminded investors that its 67.6-kilogram batch of White Wolf kimberlite had produced 169 diamonds, including one that sat on a 1.18-millimetre sieve.)

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