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Diamond & Specialty Minerals Summary for Oct. 1, 2024

2024-10-01 18:21 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score for Tuesday was a so-so 80-79-151 as the TSX Venture Exchange rose five points to 587. Ewan Mason's Star Diamond Corp. (DIAM) continues to flatline its way toward a 2025 prefeasibility study at its Fort a la Corne project in central Saskatchewan, closing unchanged at four cents on 104,000 shares today.

A long-time diamond explorer in Canada's North, Patrick Power's Arctic Star Exploration Corp. (ADD), closed unchanged at 1.5 cents on 100,000 shares. The company is struggling to raise the $275,000 it has been seeking since late July. Its offering of 13.75 million shares at two cents has twice been extended, most recently to Wednesday. Another long-time explorer in the area, Ken Armstrong and Eira Thomas's North Arrow Minerals Inc. (NAR), switched to lithium two years ago, and now has moved from lithium in Canada's North to gold in Botswana. North Arrow, which rolled its stock back 1:10 two weeks ago, fell 2.5 cents to 20.5 cents on 5,000 shares when it last traded yesterday.

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