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Diamond & Specialty Minerals Summary for July 30, 2021

2021-07-30 20:28 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score on Friday was a weak 79-96-125 as the TSX Venture Exchange rose four points to 925. Litigation and silence continue to bode ill for Star Diamond Corp. (DIAM). The company remains locked in a dispute with Rio Tinto over the Fort a la Corne diamond project in central Saskatchewan, which may not be resolved until next year. Star did inch one-half cent higher to 18 cents on 199,000 shares today.

One of the more intriguing old diamond plays could be up for grabs. The Aviat project, delineated as prospecting permits in the early 2000s and packaged off by Hunter Exploration to the now bankrupt duo of Stornoway Diamond Corp. and Shear Diamonds Inc., has been claimed by a group identified on the Nunavut mineral claims system as 10X Minerals Corp. The data indicate that the claims held by Stornoway expired late last year and 10X was quick to pounce, grabbing the ground hosting the Aviat kimberlite occurrences using Nunavut's on-line claims system.

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If you want to contact 10X Minerals Corp - best ph# to reach us at is 1-587-899-5374, or email ariel@strategXcorp.com.

Posted by Ariel at 2021-07-31 16:05