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Bullboard - Stock Discussion Forum 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 Discussion

Peregrine Diamonds Ltd. > more details
View:
Post by ekim on Nov 30, 2016 12:21pm

more details

More details from winter program:

Period of Operation - February 1st, 2017 to May 1st, 2017
Personnel on site - 30
Days on site - 90 days
Total person days - 2700

Here is a listing of equipment. I'm not sure if this is the list of equipment that is permitted to be used or actually will be used.
If it is a will be used..it means they are bringing back the Heli RC rig and also bringing back a second core drill to use as well. This could be the largest field program yet at Chidliak.

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LONG...PGD

EKIM
Comment by schocor on Nov 30, 2016 1:07pm
Now this is a good post. They are bulk sampling something (RC) - maybe with the excavator as well. They are sampling some other targets with NQ sized holes. Based on this my guess is they go back to Ch1, CH44 and drill out some of the other targets identified. The focus should be to the Northwest portion of the claim block this year I reckon - the pipes not included in the PEA.
Comment by ekim on Nov 30, 2016 1:45pm
The last work on the hornet drill was to build the overburden depth between the surface and the kimberlite contact for both CH6, CH7 and cH44. Focus is on CH-6...so why not run the topopgrahy task with the hornet on the 3 string of pearls plus the dyke at the far end. Pop a single LDD RC hole into each of the String of pearls to get a valuation exercise going. The mill is close to CH-6, the NPV ...more  
Comment by mill44 on Nov 30, 2016 2:20pm
The only detail that matters now is the financing. The earliest any other detail will matter for the SP is next Aug.
Comment by greex27 on Nov 30, 2016 1:29pm
If we work back from when we'll need the money I would think that if a PP was contemplated then we'd be on notice in the next couple of weeks...If we don't see anything by mid December the by default we can assume that it's another path, which would be a relief. Or, are they posturing that they'll go it alone if need be? If so that game of chicken is going to get real in a ...more  
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