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by Will Purcell

The diamond and specialty minerals stocks box score for Tuesday was an upbeat 73-57-136. The TSX Venture Exchange gained four points to 707 while polished diamond prices fell 0.1 per cent. Dominion Diamond Corp. (DDC) dropped another 20 cents to $11.28 on 236,000 shares, less than half last year's high of $24.60. Investors are worried that a feasibility study of the company's big Jay project, expected shortly, will not be as cheerful as they once hoped.

Peter Dasler's Canalaska Uranium Ltd. (CVV), up 48 cents to $1.45 on 809,000 shares, is pressing ahead with its diamond project in the western Athabasca basin of northwestern Saskatchewan. The company's new optionee, De Beers Canada, which can earn at least a 70-per-cent interest in the project over the next several years, has wrapped up its initial sampling program. De Beers collected over 100 samples of glacial gravels from eskers across the project in the hope of finding kimberlite indicator minerals. Mr. Dasler, Canalaska's president and chief executive officer, says the work will hopefully "establish further evidence" that kimberlite pipes are present on the property.

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