Management of Diadem is focused on acquiring near-production mining opportunities in North America, especially those related to diamonds and gold. Its principal current activity is diamond exploration in the Franklin Bay area of the Northwest Territories. On that project Diadem now has identified 28 potential drill targets on the Parry Peninsula, which currently constitutes most of the Franklin Bay project area. A ground mag and diamond drilling program for the targets is being developed and mobilization has begun.

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Diadem has formed a joint venture with Darnley Bay Resources Ltd. (DBR) for diamond exploration in an area near Paulatuk in the Inuvialuit Settlement Region of the Northwest Territories, near the Mackenzie River delta. More.