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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

Bullboard Posts
Post by martin81on Sep 25, 2009 11:08pm
573 Views
Post# 16340394

More big news to follow

More big news to followIt looks like the next couple of months will get very interesting.

"Over the next few months we will be receiving diamond results from 11 additional kimberlites discovered this year, and from the 50 tonne sample collected from CH-1. We are confident that more diamondiferous kimberlites will be discovered during the 2010 field programme."

The CH-10 kimberlite could be the next big hit. It trends from CH-6 and is also a magnetic low anomoly like CH-6.

"The discovery of the CH-10 kimberlite was reported on September 14, 2009. This kimberlite was discovered by drilling one of four magnetic low anomalies aligned for approximately 600 metres like a "String of Pearls" in a north-northwest direction from the CH-6 kimberlite pipe. The CH-10 kimberlite is described as magmatic with 40 to 50 percent olivine macrocrysts up to ten millimetres in size, and abundant mantle-derived garnets. In light of the results from CH-6, a sample of approximately 100 kilograms of CH-10 is being submitted for microdiamond analysis."


https://www.pdiam.com/s/PressReleases.asp?ReportID=364135&_Type=Press-Releases&_Title=Large-Diamonds-Recovered-From-CH-6-Kimberlite-Drill-Core-At-Chidliak-2.5-Ca...

Mr. Kaiser is quite excited about all of this as well.
Bullboard Posts