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Diamond & Specialty Minerals Summary for April 23, 2025

2025-04-23 16:58 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score for Wednesday was a so-so 84-61-165 as the TSX Venture Exchange rose four points to 635. No news about financing a prefeasibility study of its Fort a la Corne diamond project in Saskatchewan translates to no movement in the market for Ewan Mason's Star Diamond Corp. (DIAM). Star closed unchanged at 5.5 cents on 265,000 shares today -- better than the one cent at which it traded late last year but also below its March high of nine cents. The company needs at least $3-million to get working on the meat of its study.

Reagan Glazier's Neotech Metals Corp. (NTMC) rose one-half cent to 16.5 cents on 83,000 shares. The company has drilled a 190-metre interval averaging 0.41 per cent total rare earth oxides and 0.23 per cent niobium oxide at its Hecla-Kilmer project, between Kapuskasing and Moosonee in Northern Ontario. The hit, which occurred at depth in the Western Pike zone, included a 54-metre subinterval that returned 0.54 per cent total rare earth oxides and 0.32 per cent niobium oxide.

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