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by Will Purcell

The diamond and specialty minerals stocks box score for Tuesday was a weak 65-91-154 as the TSX Venture Exchange slid 16 points to 876. Adrian Lamoureux's Pan American Energy Corp. (PNRG) was unchanged at 64 cents when it last traded a board lot on Friday. The company is cheering the "first phase of development" at its newly acquired Tharsis project in the Northwest Territories. This first phase of work, the company enthuses, "will mark the beginning of a structured, multistep exploration plan designed to advance the project in a methodical and responsible manner."

The coming effort will focus on surveying, including gathering baseline information across the project area, work designed to establish the technical foundation for future exploration while also ensuring environmental and cultural considerations are fully incorporated. Pan American Energy blathered onward, obfuscating that it "expects the results of this work to guide the development of a comprehensive geological model and define the path toward drill targeting."

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