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by Will Purcell

The diamond and specialty minerals stocks box score on Monday was a positive 85-68-157 as the TSX Venture Exchange rose nine points to 733. Laura Lee Duffett and Ken Johnson's Tres-Or Resources Ltd. (TRS) last traded during mid-June's full moon, changing hands at six cents. Little wonder: The company has been as quiet as a field mouse under the gaze of a hungry hawk for years. Fortunately, once a year Tres-Or must quantify its inaction in its audited financials. It did so late last week, and as expected, its spending matches its silence.

Through Tres-Or's fiscal 2025, which ended Feb. 28, the company spent just over $107,000 on exploration, half of it going to its diamond properties in Brazil, the rest to its gem projects in Quebec. Mind you, about one-third of the spending was needed to maintain the claims, with vague "geological and geophysical" expenses accounting for nearly all the rest.

In Quebec, Tres-Or's flagship procrastination is its Guigues kimberlite, where several tonnes of kimberlite have been awaiting processing. In Brazil, the company is teasing investors with musings about work on a series of Coromandel kimberlites acquired two years ago when the company purchased Vendome, a Brazilian company then owned by Mr. Johnson. Mr. Johnson is now a major Tres-Or shareholder as a result of the transaction.

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