Peregrine Reports New Diamond Results

Peregrine Diamonds Ltd. (TSX:PGD) reported new microdiamond results from the CH-31 and CH-59 kimberlites on the Chidliak project.

As quoted in the press release:

A cumulative 4.12 tonne sample collected by core drilling from CH-31 in 2010 and 2011 yielded 610 diamonds larger than the 0.106 mm sieve size, including 12 commercial-size diamonds larger than the 0.850 mm sieve size, which weigh a total of 0.29 carats. Including the 840 kilogram sample collected from CH-31 in 2010, a cumulative sample of 4.96 tonnes processed for diamonds by caustic fusion has returned 1.68 carats of commercial-size diamonds for a diamond content of 0.34 carats per tonne (“cpt”). In addition, a 219.6 kilogram sample of reverse circulation (“RC”) cuttings collected from CH-59 in 2011 yielded 451 diamonds larger than the 0.106 mm sieve size, including three commercial-size diamonds weighing 0.045 carats.

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