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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a mediocre 65-70-127. The TSX Venture Exchange gained seven points to 805 while polished diamond prices edged lower. Dominion Diamond Corp. (DDC) gained two cents to $13.49 on 403,000 shares. Dominion, which briefly poked above $14 in December for the first time since last spring, is mounting another charge.

Andre Audet and Jacques Letendre's Majescor Resources Inc. (MJX), down 1.5 cents to 7.5 cents on 86,000 shares, has staked two new diamond properties in Northern Quebec. The company has acquired the 461-hectare Laparre property in the Otish Mountains district based on some promising indicator minerals, and it has also staked the 1,899-hectare Nottaway property, just over 100 kilometres west of Matagami. (The company also staked a gold prospect, Mirabelli, near the Radisson road in the James Bay district.)

In revealing Majescor's new projects, Mr. Audet, chief executive officer, also pointed out that the company has two continuing prospects: the Eastmain gold project, acquired in the fall of 2015 using technology developed by Diagnos Inc. (ADK: $0.175), and the Rupert lithium prospect. Curiously, Mr. Audet said nothing about another 6,875 hectares of claims that Majescor was optioning from Diagnos for their diamond potential. Majescor acquired that option just two months ago, agreeing to pay $50,000 in cash, issue 2.5 million shares and spend a total of $300,000 on exploration over two years.

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