Diamonds have been discovered in the Cree territory in the Otish Mountains about 300 kmnorth of Chibougamau. Preliminary drilling holds promise, according to Tom Hashimoto,president of Ditem Explorations Inc. Ditem drilled six holes and found four diamonds.

“That’s a good start. We’re very optimistic,” said Hashimoto. The diamonds are knownas macros and Hashimoto expects more macros will be found.

It’s not the first time Hashimoto has been in the Cree territory. As a worker for theprovincial Mines and Natural Resources Ministry, he made various trips in Cree territory.During the days when Chibougamau was a boomtown, Hashimoto met such people asChibougamau Joe and Harry Meskino.

Ditem will be drilling in other areas. The company has staked out 162 square kilometresthat they intend to explore. Ditem’s shares are selling at $3.50 a share and they havereleased 3 million shares for sale on Montreal’s stock market.