Canada’s diamond staking rush favours early entrants – Mining.com
Everybody wants a piece of the action.
Even the venerable diamond powerhouse, De Beers, is committing as much as $20 million to the hunt.
It’s the glittering lure of a possible multi-billion dollar diamond discovery that’s lighting up northern Saskatchewan. A number of mineral exploration companies have joined De Beers in a new staking rush in a region known as the Athabasca Basin.
The Early-Stage Entrant Advantage
Among these hopefuls is Arctic Star Exploration (TSX.V: ADD)—a veteran diamond hunter — that is expanding its search from the Northwest Territories (NWT) into Canada’s new diamond exploration hot spot.
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