QUEBEC - METALEX VENTURES of Kelowna, B.C., and its partners DIANOR RESOURCES and WEMINDJI EXPLORATION have unearthed rare purple diamonds from their Ekomiak V property in the James Bay region. The team recovered 649 diamonds, including nine rare purple stones, from 18 surface rock samples of conglomerates estimated to be 2.7 billion years old.

"Natural fancy coloured diamonds are very rare and expensive. Purple is one of the rarest and most desirable colours, Metalex said in making its announcement. "This makes the Quebec diamond discovery both unique and amongst the oldest diamond-bearing occurrence in the world."

The largest of the purple diamonds measured 335 x 379 x 225 microns. All the coloured stones were associated with samples having high diamonds counts. The largest diamond recovered from the samples was a colourless fragment measuring 1.06 x 0.98 x 0.56 mm.

Diamonds are only one of the commodities that Metalex is actively seeking. Visit www.MetalexVentures.com to learn more about the company's projects in Canada, Greenland and Africa.

It will be very interesting to see where the SP goes from here