DIAGEM International Rescource Corp. (fka DGM.V)

[geopic]

Diagem worth watching, for now. Not sure I'd get back in either. Re-evaluate Jan 15.
g.p.

[sortagreen]

I keep checking the stock... but it goes nowhere. I've been out of it for a while, but I'm surprised it never did anything. They had nice stones.

I have a lot of SOLA right now. They're also in Brazil, but not in the same area. Presentation is right here.

http://www.solaresourcecorp.com/

[geopic]

Diagem still struggling along.
Brasil's Juina is DGM main concern.
Artisanal miners finds was part of a recent news release.
Not easy to get things going over there!
DGM still owns lots of shares of KWG and a few SPQ; Both companies also in diamonds (Wawa On).
Surprised no one posted here in a while.
g.p.

[sortagreen]

Hello... Is this thing on?

[sortagreen]

News.
------------------------

Diagem Announces Second Kimberlite in Brazil
3/14/05

MONTREAL, QUEBEC, Mar 14, 2005 (CCNMatthews via COMTEX) --

Diagem Inc. ("Diagem") (TSX VENTURE:DGM) is pleased to announce the discovery of a second kimberlite (ADK26) on its Brazilian Juina property.

The kimberlite was discovered using the DIAGNOS CARDS system (Computer Aided Resource Detection Software).

The CARDS system uses proprietary artificial intelligence algorithms to identify new kimberlitic targets. The system processes multiple data sources such as: geophysical data, geochemistry data, topography, satellite multi spectral data and other sources of data in order to learn the digital signature of previously identified kimberlites. Recognition of a similar signature in a new set of data generates the target.

For and on behalf of

DIAGEM INC.

"Mousseau Tremblay", Chairman and CEO

Diagem Inc. Mousseau Tremblay Chairman and CEO [phone] / [phone] [phone] (FAX) www.diagem.com NEWS RELEASE TRANSMITTED BY CCNMatthews THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.
Copyright (C) 2005, CCNMatthews. All rights reserved.

[sortagreen]

You can't find them on their web site but there are a few items of note lately.

Press Release Source: DIAGEM INC.


DIAGEM: Report of Indicated Resource of 1,000,000 Carats Present in Joint Venture Property 1000, Juina Diamondiferous Kimberlite and Gravel Province, Mato Grosso, Brazil
Thursday January 27, 11:51 am ET


MONTREAL, QUEBEC--(CCNMatthews - Jan. 27, 2005) - DIAGEM INC. (TSX VENTURE:DGM - News) - An indicated resource of 1,000,000 carats built up over the years has been developed by the end of 2004, on Property 1000. The property is held jointly by DIAGEM INC. (DGM) of Montreal, Quebec, Canada (51%) and JUINA MINING CORP. (JMC) of Las Vegas, Nevada, USA (49%). In Brazil, the name of the joint venture entity is Juina Mining Mineracao Ltda (JMML). The results have been obtained at the conclusion of three separate exploration campaigns carried out in 1999-2000, 2002 and during the last four months of 2004. The indicated resource is contained in Block I which is the most important.
DIAGEM Inc. as operator, and in the name of the Joint Venture, is pleased to report that, in view of these results, it has applied for a Mining Licence in December 2004, to cover Permit 866787/85, otherwise known as Property 1000, by submitting to the Departamento Nacional de Pesquisa Mineral (DNPM), as part of the application, the final report of exploration work done on the property between 1999 and 2004.

INDICATED RESOURCE

Block I:

Indicated resource: 1,000,000m3 @ 1.02 ct/cu.m. largely in cemented gravels. A large part of the work was carried out in 1999 and 2000 by JMC. Some additional work was done in 2002 by DGM. The work in non-cemented gravels consisted of gravel delimitation work done by auger in order to locate, measure and calculate the volumes of gravels available. The average grade was calculated by digging out 22 bulk gravel samples and processing 2,452cu.m. (ñ 5,000 tons) of gravels to yield 2,492.87 carats of diamonds for an average grade of 1.02ct/cu.m. The volumetric ratio (volume of sample to volume of resource) was 1:408, well in excess of the 1:5000 and the1:1,000 ratios that are the standard ratios for a resource to be qualified as valid. The bulk sampling results are listed in the following table:

1999-2000 JMML (JMC) Largerly cemented gravels

-------------------------------------------------------------------
BULK
SAMPLE LOCATION VOLUME OF CARATS GRAVEL
GRAVEL RECOVERED GRADE
(M3) (CT) (CT/M3)
------------------------------------------------------------------

C-0 Companhoni 137.00 115.60 0.844
------------------------------------------------------------------
C-1 JMML Property 50.00 12.95 0.259
------------------------------------------------------------------
C-2 Companhoni 99.00 20.00 0.202
------------------------------------------------------------------
C-3 Companhoni 20.00 12.00 0.600
------------------------------------------------------------------
C-4 Companhoni 151.00 296.00 1.960
------------------------------------------------------------------
C-5 Companhoni 194.00 599.25 3.089
------------------------------------------------------------------
C-6 Companhoni 156.00 101.65 0.652
------------------------------------------------------------------
C-7 Companhoni 476.00 148.53 0.312
------------------------------------------------------------------
C-8 Companhoni 247.00 484.37 1.961
------------------------------------------------------------------
C-9 Companhoni 142.00 224.35 1.580
------------------------------------------------------------------
C-10 Companhoni 60.00 1.00 0.017
------------------------------------------------------------------
C-11 M-5 Farm 30.00 24.65 0.822
------------------------------------------------------------------
C-12 M-5 Farm 60.00 11.10 0.185
------------------------------------------------------------------
C-13 M-5 Farm 148.00 111.70 0.755
------------------------------------------------------------------
C-14 M-5 Farm 20.00 7.00 0.350
------------------------------------------------------------------
C-15 JMML Property 173.00 189.32 1.094
------------------------------------------------------------------

2002 - JMML (DGM) - Largely cemented gravels
------------------------------------------------------------------
C-16 Companoni 53.30 12.60 0.236
------------------------------------------------------------------
C-17 Companoni 51.50 18.90 0.367
------------------------------------------------------------------
C-18 Companoni 92.96 14.40 0.155
------------------------------------------------------------------
C-19 Companoni 14.10 6.30 0.447
------------------------------------------------------------------
C-20 Companoni 63.45 47.70 0.752
------------------------------------------------------------------
C-21 Companoni 15.00 33.80 2.253
------------------------------------------------------------------


INFERRED RESOURCES

Block II and Block III:

Two small blocks resulting from wildcat gravel delimitation and bulk sampling were discovered in 2004 by DGM to the south of Block I.

Block II: Alluvial terrace gravel resource of 32.890 cu.m. at a grade of 0.481ct/cu.m.

Block III: Alluvial terrace gravel resource of 7.117cu.m. at a grade of 2.755cts/cu.m.

These results will be followed up in 2005.

KIMBERLITE PIPE ARP-01 AND OVERLYING ELUVIALS

Block IV

The kimberlite pipe ARP-1 was found by De Beers in 1975 and became somewhat lost in the intervening years. It has been located in 2002 by DGM. Material believed to be eluvial gravels covering the kimberlite pipe have been summarily bulk sampled. The results are shown in the following table:

------------------------------------------------------------------
BULK VOLUME (M3) NUMBER TOTAL GRAVEL
SAMPLE GRAVEL ORE OF STONES CARATS GRADE
PROCESSED RECOVERED RECOVERED (CT/M3)
------------------------------------------------------------------
QD-2A 25 35 9.10 0.364
------------------------------------------------------------------
QD-2B 100 77 16.00 0.160
------------------------------------------------------------------
J-10 106 119 24.90 0.235
------------------------------------------------------------------
Total 231 231 50.00
------------------------------------------------------------------


Average Ct Grade (Ct/m3): 0.216

Average Stone Size (Ct): 0.216

QD-2A: Lateritic eluvial material on top of ARP-01

QD-2B, J-10: Massa. The term "massa" is alluvial non-gravelly, kimberlitic material washed away from the top of the pipe.

The 2005 DGM kimberlite evaluation and prospecting program that has already started on January 15 will take up as one of its activities during 2005, with the concurrence of the JV partners, the bulk sampling of kimberlite pipe ARP-02 and of its eluvial cover.

JV DIAMOND PRODUCTION FROM PROPERTY 1000 STARTING IN FEBRUARY 2005

Deal with Mineradora ECO

On Septembre 20, 2004, a 50-50 Joint Venture Heads of Agreement text was signed between Mineradora ECO, a small Brazilian mining company, and the DGM-JMC JV. A 50 hectare small worker mining licence (PLG) is to be issued, with the JV's consent, to a nominee of Mineradora ECO. The area of the PLG is taken out of the JV's 900ha mining rights. As soon as the PLG is issued, which is expected to happen in February 2005, mining will start. The costs and the revenues of the operation will be shared 50-50; the initial capital contribution of each partner is also deemed to be equal. The whole diamond production will be marketed by DGM-JMC JV through its marketing channels in Antwerp. The mining operations and the diamond production that will take place under this agreement will allow the JV to draw revenues while waiting out the time period required to obtain its Mining Licence. It may be possible in time, given initial success, to get one or two more PLG's issued under this ag
reement in order to increase revenues. The principals of Mineradora ECO believe they can solve the IBAMA issue affecting Property 1000, at least as regard their PLG operation.

These new initiatives are believed to bring an end to the inactivity that the JV has suffered since the end of 2002 and promote, in the short term, the return to diamond production from gravels and bring revenue generation for the partners DGM and JMC.

For and on behalf of

DIAGEM INC.

Mousseau Tremblay, Chairman and CEO


--------------------------------------------------------------------------------
Contact:

DIAGEM INC.
Mousseau Tremblay
Chairman and CEO
Phone: [phone]
Fax: [phone]
Website: www.diagem.com

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.

[sortagreen]

Hey! How come no news from these guys?

[smartbiz85]

Effective at 12:45 p.m. PST, November 5, 2004, trading in the shares of the Company was halted at the request of the Company, pending an announcement; this regulatory halt is imposed by Market Regulation Services, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

http://cbs.marketwatch.com/tools/quotes/newsarticle.asp?guid=%7b12581288-2DF0-40AC-B737-05CD14CF4165...

[smartbiz85]

Juina Mining Corporation (GEMM), a Nevada corporation, has a 49% interest in a joint venture partnership with Emerging Africa Gold, Inc. (EAG) in the Brazilian Company Juina Mining Mineracao, Ltda. JMML holds an 86% working interest in the mining and mineral rights to approximately 1000 hectares (2,471 acres) of diamond bearing land in the District of Juina, Mato Grosso, Brazil "The Property 1000". Property 1000 is located in the District of Juina, at the southern region of the Amazon Basin.

http://www.juinamining.com/

[smartbiz85]

Diagem International Resource Corp. and Emerging Africa Gold Inc. to Join Forces.
Mr. Jonathan Goodman and Dr. Mousseau Tremblay appointed to Diagem Board.


Diagem International Resource Corp. is pleased to announce that it has reached agreement with Emerging Africa Gold (EAG) Inc. pursuant to which EAG will amalgamate with a new wholly-owned subsidiary of Diagem whereby EAG shareholders will receive common shares of Diagem in exchange for their EAG shares.
Pursuant to the terms of the letter agreement, which has been approved by the boards of both companies, the EAG shareholders will, for each common share of EAG held, receive one common share of Diagem. The transaction is subject to customary conditions, including due diligence and regulatory approval.

In conjunction with this agreement Diagem will undertake a further private placement of $1 million at a price of $0.20 per unit. Each unit consisting of one share and one purchase warrant at a price of $0.23 in the first year and $0.33 in the second. This private placement is expected to be fully subscribed.

Diagem International will absorb all of Emerging Africa's assets and personnel. The new company will operate as Diagem International Resource Corp. With this transaction, Diagem acquires further Brazilian properties and indirect interests in a number of identified diamondiferous kimberlite deposits in Canada, and an existing joint venture with DeBeers.

Diagem also announces the completion of the second tranche of the private placement of 2,500,000 units at $0.20 per unit, previously announced July 4, 2001. Dundee Precious Metals Inc. and Northbrock Capital Inc., have each subscribed for 750,000 shares of this private placement.

Furthermore, Diagem welcomes Mr. Jonathan Goodman, President and CEO of Dynamic Mutual Funds Ltd and Dr. Mousseau Tremblay, currently President and CEO of Emerging Africa, both of whom will immediately join Diagem's Board of Directors.

Mr. Goodman, also Executive Vice President of Dundee Bancorp Inc. and President and CEO of Dundee Precious Metals Inc. holds a geological engineering degree from the Colorado School of Mines and an MBA from the University of Toronto.

Dr. Mousseau Tremblay has a Ph. D. from McGill University in mining economics and geology and is recognized world wide as a leader in the field of diamond exploration. He is credited with the discovery of several kimberlite deposits in Africa and Canada, including the discovery of the Bamigui-Bangoran deposit in the Central African Republic. He worked for a period of fourteen years with the world's leading diamond producer, De Beers, and established that company's North American Diamond exploration division. He spent another four years as a special consultant ensuring the supply of natural diamonds to a state-owned French Corporation.

David Cohen, President and CEO of Diagem said, "This transaction, while appearing simple in principle, opens numerous doors of opportunity for our company. Combining our identified assets, and potential diamond deposits, with those of Emerging Africa sets the stage for Diagem to move both aggressively and successfully ahead with our vision of becoming a world class, vertically integrated, diamond exploration, mining and marketing company."

http://www.diagem.com/todo/2001aug21.html

[smartbiz85]

Diagem steps up Broad Front exploration program

2004-09-22 14:43 ET - News Release


Mr. Mousseau Tremblay reports

THE 'BROAD FRONT' DIAMONDIFEROUS KIMBERLITE AND GRAVEL EXPLORATION PROGRAM CONTINUES TO MOVE FORWARD AT INCREASED SPEED

Diagem International Resource Corp. has provided the following update on its Broad Front regional exploration program in the Juina diamondiferous kimberlite and gravel province in Mato Grosso state, Brazil. The regional program encompasses all of the company's 130,000-hectare propertyholdings that lie along a 70-kilometre belt from west to east and a width of 20 kilometres north to south.

Land access -- since the news in Stockwatch Sept. 8, 2004, announcing the breakthrough in gaining land access for the purposes of conducting exploration and evaluation of diamondiferous kimberlite and gravel deposits, eight more landowners have signed new agreements, providing the company with unprecedented access.

As a result, the company is now simultaneously active on several farms within a number of properties, including properties 118, 370/96 and 119. Its prospecting force is now made up of three teams instead of the original one.

On property 118, which is located in the centre of the company's propertyholdings, gravel delineation drilling is identifying well-characterized gravels. A first suitable site for bulk sampling on property 118 has been identified and testing will be conducted shortly. The gravel is fairly deep, but the heavy mineral content is high, making it a target of interest. The physical access to the target area was difficult, requiring it to be opened with a bulldozer.

On property 370, preparation has been made to access the SL-01 kimberlite pipe. Little is known about this pipe. The pipe sits on a small creek that adjoins the Juinninha River, an area with extensive historical garimpeiro activities. As a result of recent mapping of the area, the company believes that an opportunity for a large diamond production from this area is still possible.

In a separate location within property 370/96, the company is set to continue its bulk sampling program on the Zilza farm. Here, a well-characterized gravel deposit of 750,000 cubic metres has been identified with two exploratory bulk samples grading at 0.27 and 0.55 carat per cubic metre with a very good average stone size of 0.78 carat (previously reported). A representative from FEMA, the state environmental agency, has inspected the proposed area of work and clearance to commence bulk sampling is expected shortly.

On property 119, a team is also preparing to test the gravel cover of the ARP-03 group of three kimberlite pipes. Again little is known about these pipes. The relationship between the ARP-03 group and the diamond deposits mined historically by garimpeiros and DeBeers in the late 1970s/early 1980s, located approximately six kilometres to the north, is not immediately apparent. Unlike other parts of the province, there is a lack of any significant modern-day drainages for gravel washing, which is likely to have precluded the area from exploitation by garimpeiros in the past. A simple test of the gravel on top of the pipe will provide a very preliminary evaluation of the nature of any possible diamond content in the pipe.

The Juina diamond province is known to contain 28 kimberlite pipes, nearly all of which are diamondiferous. Extensive diamondiferous gravel deposits are present throughout the province. Diagem's propertyholding, at approximately 130,000 hectares, is the largest in the region and includes 16 of the known kimberlite pipes (two discovered by Diagem) and nearly all of the zone where the most active historical diamond activity has occurred.

http://new.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=B-381638-C:DGM&symbol=DGM&news...

[smartbiz85]

CMKX connection tied through GEMM :) eom