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by Will Purcell

The diamond and specialty minerals stocks box score for Thursday was a weak 59-84-167 as the TSX Venture Exchange fell five points to 696. Cory Belyk's Canalaska Uranium Ltd. (CVV) fell seven cents to 80 cents on 1.19 million shares today without news to kick it downward.

Matthew Wilson's Sterling Metals Corp. (SAG) has the first assays from its initial drill program on its Soo copper project, north of Sault Ste. Marie in Northern Ontario. The results, from the first of four holes the company drilled, returned 0.21 per cent copper, 0.008 per cent molybdenum and slight amounts of precious metals across a 482.8-metre surface-based interval. (No, this is not a new play -- the company has just bestowed the Soo moniker on what had been its Copper Road project.)

Names aside, the richer rock lies near surface, with the upper 75 metres averaging 0.38 per cent copper and 0.021 per cent molybdenum. Two bornite zones at depth also had better grades -- the best being a 26.5-metre interval that ran 0.47 per cent copper and 0.003 per cent molybdenum. The long hit, the company cheers, "successfully demonstrated a continuous, bulk-tonnage copper-molybdenum-silver-gold target" that it is calling its GFP Porphyry target, to highlighting its "significant mineral potential."

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