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by Will Purcell
The diamond and specialty minerals stocks box score for Tuesday was a mediocre 73-81-140. The TSX Venture Exchange rose 10 points to 776 while polished diamond prices edged higher. Quentin Yarie's Honey Badger Exploration Inc. (TUF) hit an intraday high of 20 cents but closed off one cent to 14.5 cents on 18.08 million shares. The company has a silver prospect in Northwestern Ontario where it is touting the five-element Beaver vein. (Cobalt and nickel are among the elements that the company says "can" be present.)
Grenville Thomas and Ken Armstrong's North Arrow Minerals Inc. (NAR), down one-half cent to 22.5 cents on 43,000 shares, has the first new kimberlite discovery in the Lac de Gras region in the past five years. The company made the find on its Loki project with its second hole into the No. 465 target, just south of the Monument cluster of kimberlites on a rival property on the south shore of Lac de Gras and about four kilometres southwest of the old EG05 kimberlite. North Arrow also hit over 150 metres of kimberlite in a new hole into the diamondiferous EG05, which had been discovered in 1999 by a group led by Dr. Christopher Jennings's SouthernEra Resources Ltd.
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