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Peregrine Diamonds Ltd. PGDIF

"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."


GREY:PGDIF - Post by User

Comment by madmannon Jul 15, 2016 9:36am
97 Views
Post# 25055340

RE:All season road

RE:All season roadStornoway shared costs with the Quebec Governement to build the Rd to Renard, surely we'll see the same in Nunavut. The Rd has opened up the region for prospecting (a company VGD, tha has so far been unsucessfull ahs staked a huge portion of thta highway!

Interesting as swy has staked another potential kim field on the west side of that highway which will be beneficial to them in the potential there also. Awy begins processing ore whoch will be interestinf to see the impact on the SP.

The Rd will have be a huge benefit to both the region and PGD. A win win for all jobs, future development etc. Costs should be shared per swy.

FYI:

Stornoway Diamond Corporation (TSX-SWY; the “Corporation” or “Stornoway”) is pleased to announce the discovery of kimberlite at its 100% owned Adamantin Project located approximately 100km south of the Renard Diamond Project and 25km west of the Route 167 Extension in north central Qubec. To date 11 distinct kimberlite bodies have been identified, with intersections of up to 13.7 meters of undiluted kimberlite, and are interpreted to represent a new center of kimberlite emplacement located proximal to, but distinct from, the Renard kimberlite cluster.

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