Peregrine Diamonds Update

Peregrine Diamonds Ltd. (TSX:PGD) announced an update on the Chidliak diamond project in Canada.

As quoted in the press release:

During the summer exploration program, a total of 2,378 metres of core drilling was completed on the CH-1, CH-7 and CH-44 kimberlites, bringing the total metres of core drilling completed to date on the three bodies to 1,106, 2,992 and 1,881, respectively. CH-1, CH-7, CH-44 and CH-6 are four kimberlites with economic potential at Chidliak that are at the bulk sample stage of economic evaluation. Between 2009 and 2011, 4,700 metres of core drilling was completed at CH-6. Information from the core drilling will be used to refine the geologic models of these kimberlites and to better establish the diamond size distribution of the various kimberlite units in preparation for future bulk sampling.

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