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 the Franklin Bay project area. A ground magnetic survey has just been completed and the results are being analyzed. When the analysis is complete, Diadem will finalize its drilling program which will be carried out subject to permitting.
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...
New management under Aimé Bertrand as president since March 2009 has been working diligently in the recent months in order to position Diadem Resources in a way to face the current challenges. The first and most important one would be company finances. It is no secret to anyone that financing in the junior mining sector is presently very difficult. However, your management has taken steps to put to the forefront the overwhelming opportunity that Diadem Resources has to offer. Consequently, we should be in a position to confirm a financing proposition in the next few months. Rest assured that we are taking all the necessary steps to insure that company future financing will have a beneficial added value to our current shareholders, which remains a priority in all future financing projects. Your company management welcomes any and all shareholders’ comments specifically the ones that can help move the value of our company.
Aime Bertrand President