Diamond & Specialty Minerals Summary for Feb. 23, 2018

By Will Purcell / February 25, 2018 / www.stockwatch.com / Article Link

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by Will Purcell

The diamond and specialty minerals stocks box score for Friday was a mediocre 74-83-133. The TSX Venture Exchange fell three points to 826 while polished diamond prices edged upward. Dr. Leon Daniels's Pangolin Diamonds Corp. (PAN) dropped one-half cent to five cents on 252,000 shares. Pangolin says it will drill targets at its Malatswae and Moenyenana diamond projects in Botswana soon. Dr. Daniels and his crew are promising results before the end of June but there is no word yet about when the drilling will start.

Chris Taylor's -- and increasingly Charles Fipke's -- Dunnedin Ventures Inc. (DVI) gained 4.5 cents to 30.5 cents on 827,000 shares. Dunnedin said this week that it has identified a new cluster of potentially diamondiferous kimberlite targets on its Kahuna diamond project, northeast of Rankin Inlet in Nunavut. Mr. Taylor, chief executive officer, says that the new area was identified from the collection of nearly 400 "high-priority sample results" collected last summer. (These are till samples, designed to collect and identify kimberlite indicator minerals. On Howe Street, all sampling is a priority; those samples that yield encouraging results are retroactively touted as high-priority tests.)

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