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Zimtu research delves into diamond markets, geology and exploration

by Greg Klein | August 6, 2014

As coveted gems, diamonds might seem to have an aura of mystery about them. But diamond exploration need not extend that mystery to potential investors. A newly released 12-page report by Derek Hamill, head of research and communications for Zimtu Capital TSXV:ZC, takes readers through the essential topics. Among them are rough diamond prices, diamond geology and exploration methods, as well as economic and cultural trends that could influence future demand.

Canada, it turns out, is “one of the few large diamond producers with exploration potential, rule of law, infrastructure, technical expertise and efficient capital markets.” Hamill looks closely at the Northwest Territories’ Lac de Gras region, “the standout among Canadian production centres.”

He also takes a look at two Zimtu core holdings working in the region, Arctic Star Exploration TSXV:ADD and Prima Diamond TSXV:PMD. Arctic Star, in joint venture with North Arrow Minerals TSXV:NAR, has a six- to eight-hole summer drill program underway at their Redemption project. Last month Prima Diamond moved into the region by picking up the Godspeed Lake property immediately south of Gahcho Kué, a JV of Mountain Province Diamonds TSX:MPV and De Beers that’s slated for 2016 production. Just today Prima acquired the Munn Lake project, with its diamondiferous boulder train and kimberlite.

Download the 12-page research and opinion report.

Disclaimer: Zimtu Capital Corp and Prima Diamond Corp are clients of OnPage Media Corp, the publisher of The principals of OnPage Media may hold shares in those companies.

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