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by Will Purcell

The diamond and specialty minerals stocks box score for Thursday was a positive 68-55-145. The TSX Venture Exchange gained three points to 784 while polished diamond prices fell 0.2 per cent. Lukas Lundin and Eira Thomas's Lucara Diamond Corp. (LUC) gained 13 cents to $3.99 on 1.39 million shares. The company was unable to sell the 1,109-carat diamond it recovered last fall, but its Karowe mine in Botswana continues to yield big profits.

Dr. Leon Daniels and Graham Warren's Pangolin Diamonds Corp. (PAN), down one-half cent to 11.5 cents on 2,000 shares, has started drilling two kimberlite targets at Motloutse, 150 kilometres east of De Beers's Orapa diamond mine in Botswana. The drilling will take two weeks according to Dr. Daniels, president and chief executive officer, and Mr. Warren, chief financial officer. They say that drill results will not be available until all the material is sent to Canadian laboratories and indicator mineral and diamond counts are available -- assuming, of course, that Pangolin actually drills rock worth processing.

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