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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 Kidlapikon Jan 30, 2015 9:05am
136 Views
Post# 23381106

Resource expansion

Resource expansionClements said: "It is important to note that all of the resource expansion at CH-6 was near surface, above 120 metre depth. We are confident that more core drilling and the collection of bulk samples in 2015 will allow us to continue to grow the Chidliak diamond resource..."

https://www.pdiam.com/s/PressReleases.asp?ReportID=692279&_Type=Press-Releases&_Title=Peregrine-Reports-15-Increase-In-Ch-6-Kimberlite-Inferred-Diamond-Resource-...

So does that mean that the entire 21-30% increase they added to CH-6 was only from 0-120m? Or was he simply referring to the amount converted from TFFE to inferred? Does that same potential for expansion remain from 120-380m or has that discovery down to 120m already been modelled in down to 380m?

Just trying to fully understand the process.
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