more on ProximaPaul Cox's Adent Capital Corp. (ANT: $0.025) is poised to become Proxima Diamonds Corp. through a reverse takeover of Mr. Cox and Mike Power's eponymous private diamond explorer. Proxima holds 65 claims covering 72,000 hectares in 16 project areas, most of which are within 50 kilometres of at least one of the three diamond mines on the Slave craton near Lac de Gras. (For a president and CEO just ramping up his diamond promotion Mr. Power seems unusually evasive about the precise locations of his projects.) Nine of the 16 target areas lie north of Lac de Gras, centred on an area surrounding an old play led by SouthernEra and Tanqueray Resources Ltd. Another four areas are southeast and southwest of Diavik and the final three are southeast of Snap Lake. The latter three claim blocks will be Proxima's focus this summer. The company is planning a $200,000 program of till sampling and geophysics on targets it is calling Eureka, Tavernier and Hortensia. Proxima, which has Lou Covello as its third and final director, says its scattered properties host 30 unexplained indicator mineral swaths, 40 untested geophysical anomalies and six kimberlites, one of which was proven diamondiferous. To make much progress Proxima will have to raise a considerable amount of cash, which could prove challenging. Mr. Power is an exploration geologist who got started in diamonds 20 years ago but this is his first crack at promoting a public company. Mr. Covello, another geologist, got an even earlier start in diamonds. His promotional experience is limited to serving as a director of North Arrow Minerals Inc. (NAR: $0.77). (Their promotional inexperience laves Mr. Cox, chairman and former CEO of Wind River Energy Corp. (WVR: $0.02), looking like a veteran Howe Streeter by comparison.)