Diamonds are forever, but in Saskatchewan?

The discovery of kimberlite, a diamond-hosting rock, near Prince Albert by Monopros Ltd., a subsidiary of DeBeers Mining Company, has many people thinking there could be.

Several majors have secured large land positions in the region including Uranerz Exploration, a key player in the province’s uranium industry. At last report, Monopros was running a bulk testing program in a gravel pit just north of the Sturgeon Lake reserve; but it’s been very tight-lipped about the program and has not revealed whether any diamonds have actually been found there.

Rumors have been circulating that Monopros has exposed a diamond pipe on its property and that overburden removal could reveal additional potential. Diamonds are sometimes associated with kimberlite, a basic igneous rock formed deep in the earth. Kimberlite pipes often occur in clusters which has fueled speculation as to just how significant and large the find might be.