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Diamond & Specialty Minerals Summary for Jan. 24, 2023

2023-01-24 20:36 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score for Tuesday was a ho-hum 94-101-115 as the TSX Venture Exchange rose one point to 623. Ewan Mason's Star Diamond Corp. (DIAM) closed unchanged at 10.5 cents on 145,000 shares.

The company, officially under new management since the start of 2023 and unofficially for at least a few months before that, is ramping up its promotion after several quiet years under the direction of former president and chief executive officer, Ken MacNeill. The new man in charge, Kelowna-based Mr. Mason, who is interim CEO as well as chairman, was in Saskatoon last week to visit his remaining office staff -- and more importantly to view a reassessment of the diamonds recovered from the company's FalCon diamond project in central Saskatchewan.

Mr. Mason said late last week that Star Diamond's technical team would be winging off to the Prospectors and Developers Association of Canada (PDAC) convention -- Canada's premier exploration dog and pony show -- to be held in early March in Toronto. While that would hardly be news under normal circumstances, these are hardly normal circumstances for the company and its mammoth but idled FalCon project.

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