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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

Post by ekimon Jul 18, 2016 3:40pm
170 Views
Post# 25062765

Emphasis on Brownfield exploration should not go unnoticed.

Emphasis on Brownfield exploration should not go unnoticed.Tom's repeated mention of Brownfield exploration in the conference call is not to be ignored.

CH-6 and CH-7 upper will pay for a mill and the all weather road and other associated infrastructure.

Yes, that should add value to exploring all the other kimberlite pipes.
But one cannot stop at diamonds.

There are at least 3 strong metal anomalies that have had only surface samples taken.
With the advent of infrastructure being paid for in the PEA...all 3 of these anomalies should now be upgraded to brownfield exploration and further work should be looked at for each one of them.

Details here -- Metal Anomalies

Now that base Case phase 1 has been set...the upside goes beyond just diamonds.

Permutations seem endless.

Don't underestimate the power of brownfield exploration at Chidliak.

LONG...PGD

EKIM
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