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by Will Purcell
The diamond and specialty minerals stocks box score for Wednesday was a mediocre 50-54-146 as the TSX Venture Exchange gained three points to 677. Ken MacNeill and George Read's Shore Gold Inc. (SGF) gained two cents to 24 cents on 1.03 million shares. Shore has been unusually silent since mid-February, when it promised a 2,600-metre large-diameter drill program at Orion South in central Saskatchewan. The drilling is projected to begin in late April and will take three months to complete. Shore hopes to expand its indicated resource at Orion South, thereby juicing the economics of its $2-billion project. Alexander Stewart's Xmet Inc. (XME) gained one-half cent to four cents on 5.72 million shares. The company has been touting the graphite potential of its Blackflake West property in Northern Ontario, but a recent drill program failed to intersect any graphite in its ballyhooed All-Channel anomaly. It did hit sulphides -- if a sniff of arsenic, a trace of copper and one metre of 0.3 per cent zinc qualifies as a hit.
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