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Diamond & Specialty Minerals Summary for Aug. 31, 2023

2023-08-31 17:28 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score on Thursday was an upbeat 93-76-141 as the TSX Venture Exchange added one point to 586. It was another day spent below a dime for Star Diamond Corp. (DIAM), which closed unchanged at nine cents on just 12,000 shares. Investors await word that the company has parted ways with Rio Tinto, its now inactive co-venturer at FalCon in central Saskatchewan.

Jason Barnard's Foremost Lithium Resource & Technology Ltd. (FAT) rose two cents to $6.07 on 22,000 shares. Foremost "has undertaken an extensive summer exploration program" on its properties near Snow Lake in Northern Manitoba, an area it calls Lithium Lane. Unfortunately, none of the work involves new drilling. Instead, the company has completed geochemical sampling, mapping, prospecting, rock sampling, soil sampling, till sampling and yet more mapping -- preliminary work that will help delineate new drill targets, says Mr. Barnard, president and chief executive officer.

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