Peregrine Diamonds Ltd. PGDIF

RE:RE:nunavut article

[ekim]

Spring program is usually April/May and summer program is usually July/August.

I believe they will be drilling the bulk sample starting in February.

A lot of the fixed costs for the exploration programs are already taken care of (heating the camp, supplies on site, etc.)

I wonder if they would consider thawing out the core drill come February/March for a bit drilling during the bulk sample season? They didn't last bulk sample season...but that was very different set of supplies, logistics, etc. The LDD drilling will mimic the core drill but with a much wider footprint.

The RC/Heli set up probably isn't optimal in the bitter cold (I could be wrong)...but I suspect they can move all parts required for the Core drill rig over the snow and ice quite easily.

That being said, depending on the CH-46 results...they may try to poke some more holes in there sooner then later.

I also believe it will miraculously hit the magic target of 22 or 23+ cents for the warrants to be exercised.

LONG...PGD

EKIM