Peregrine Reports Diamond Results

Peregrine Diamonds Ltd. (TSX:PGD) announced that a 49.6 tonne sample of surface material collected from the CH-1A phase of the CH-1 kimberlite, returned 20.26 carats of commercial-sized diamonds larger than 0.85 mm for a diamond content of 0.41 carats per tonne (“cpt”).

The press release is quoted as saying:

The CH-1 kimberlite is located on the 9,800 square kilometre Chidliak project (“Chidliak”), Baffin Island, Nunavut, Canada. The sample was processed by dense media separation (“DMS”) at the Saskatchewan Research Council Geoanalytical Laboratories

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