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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

Comment by ekimon Jul 29, 2015 3:16pm
89 Views
Post# 23972976

RE:RE:RE:RE:RE:WillP

RE:RE:RE:RE:RE:WillPI would like to see them
1 - Drill the 3 holes into CH-7
2 - Move the drill over to CH-6
3 - Drill the 2 holes into CH-6
4 - As time permits Move drill not very far to the dyke area.
5 - Poke some shallow to medium holes searching and extended and defining the dyke. The dyke that was confirmed late, late field season last year in September.

That is what I would like to see.
An extra hole in CH-6 would also do...assuming it converts even more tonnage.

I believe they may have had a late start to the field program because of the weather...however, 5 core holes seems rather light and conservative to me.

I would suspect there is a good chance they will exceed this.

A couple holes into CH-20 might be worthwhile if the QP company could reasonable assign a CH-6 valuation onto those diamonds without doing a full evaluation. Could add 200 to 300K tonnes to the PEA with material that is included in the CH-6 pit anyway. This way, you would add to the value of the PEA.

LONG...PGD

EKIM
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