Peregrine Announces Three Further Kimberlite Discoveries at Chidliak

Peregrine Diamonds Ltd. (TSX:PGD) provided an update on its Chidliak project, located on Canada’s Baffin Island, commenting that a kimberlite sample collected from the CH-6 kimberlite in April has now been processed to a heavy mineral concentrate.

Additionally, the company said that during its summer exploration program it discovered three new kimberlite bodies, bringing the total found at Childliak in 2013 to six.

As quoted in the press release:

The three new kimberlite discoveries announced today are CH-65 through CH-67. At CH-65, abundant kimberlite float was found associated with a linear geophysical anomaly that represents a kimberlite dyke. At CH-66, abundant kimberlite float was found associated with a circular magnetic high anomaly with an estimated surface expression of 0.5 hectares as determined by ground geophysics. At CH-67, abundant kimberlite float was found associated with a circular magnetic high anomaly with an estimated surface expression of one hectare as determined by ground and airborne geophysics. In addition to these six new kimberlite discoveries, prospecting crews discovered kimberlite dykes associated with four known kimberlite pipes: CH-2, CH-5, CH-9 and CH-21.

Click here to read the full Peregrine Diamonds Ltd. (TSX:PGD) press release.