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by Will Purcell

The diamond and specialty minerals stocks box score for Thursday was a 74-74-162 draw as the TSX Venture Exchange lost two points to 844. Ken Brinsden's Patriot Battery Metals Inc. (PMET) fell 19 cents to $3.56 on 324,000 shares as it plods along with bureaucratic work at its high-grade Shaakichiuwaanaan lithium project in the James Bay district of north-central Quebec. Essentially, the company says that its permitting process is on schedule and progressing well.

The -- brace for a gale of bureaucratese -- "planning phase of the federal environmental and social impact assessment process is now formally complete," the company blathers, work that it says has culminated in the Impact Assessment Agency of Canada publishing its tailored impact statement guidelines and a detailed permitting plan for the project. The plan, Patriot says, is consistent with its previously estimated and reported overall mine authorization timeline. Look for the company to submit its provincial environmental and social impact assessment late this year, and the federal one should follow shortly thereafter.

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