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Peregrine Diamonds Ltd.: CH-28 Mini-Bulk Sample Returns Grade of 0.27 Carats Per Tonne

Investing News Network
Oct. 25, 2011 02:08PM PST
Diamond Investing

Peregrine Diamonds Ltd. (TSX:PGD) reported a mini-bulk sample of surface material collected from returned 8.94 carats of commercial-sized diamonds.

Peregrine Diamonds Ltd. (TSX:PGD) reported a mini-bulk sample of surface material collected from returned 8.94 carats of commercial-sized diamonds.

As quoted in the press release,

The CH-28 kimberlite has an estimated surface expression of two hectares and is located on the 9,800 square kilometre Chidliak project (“Chidliak”), Baffin Island, Nunavut, Canada. CH-28 is approximately 50 kilometres north of the Southern Focus Area, an area at Chidliak with an eight kilometre radius that currently hosts six kimberlites with economic potential.

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

canada peregrine-diamonds-ltd focus-area tsx-pgd
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