Diamond Peak is a volcano in Klamath and Lane counties of central Oregon in the United States. It is a shield volcano, though it might also be considered a modest stratocone. Diamond Peak forms part of the Cascade Volcanic Arc, a segment of the Cascade Range in western North America extending from southern British Columbia through Oregon to Norther…Diamond Peak is a volcano in Klamath and Lane counties of central Oregon in the United States. It is a shield volcano, though it might also be considered a modest stratocone. Diamond Peak forms part of the Cascade Volcanic Arc, a segment of the Cascade Range in western North America extending from southern British Columbia through Oregon to Northern California. Reaching an elevation of 8,748 feet, the mountain is located near Willamette Pass in the Diamond Peak Wilderness within the Deschutes and Willamette national forests. Surrounded by coniferous forest and visible in the skyline from foothills near Eugene, Diamond Peak offers a few climbing routes and can be scrambled. Diamond Peak is one of Oregon's Matterhorns.