Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:Technical Presentation

[oiltar]

I think the focus in 2015 is to prove tonnage grade and value in the 3 pipes being bulked.That would then answer (confirm) our expectations that PGD can put a mine plan together and later explore more mine life out of the other pipes during production.It is very expensive to samle every pipe so if you can get to the mine threshold and create cash flow then spend some of it to find new reserves.
If PGD were to get a deep pocketed partner to put up money to build out the Southern Focus Area and mine it, PGD could split off that area and transfer the rest of the property to Peregrine Exploration to see if more than one stand alone mine is present on the rest of the property.

we must remenber Chuck Fipke was thought to have found a mine,but he did in fact find a district as Aber scooped up land beside Ekati and Diavik was born.With over 70 kimberlits and 43 bearing diamonds its is very likely that there could be more than one stand alone mine.Thats a possibility and would give PGE a new mandate.