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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 ekimon Aug 23, 2016 12:08am
145 Views
Post# 25166515

CH-31 - revisited

CH-31 - revisitedThis could be the closest thing to victor type economics.

0.5 cpt and $400/carat valuations are possible.

--> CH31 Revisited

...and like Victor is going to talk some big tonnage bulk samples to firm up a good valuation model and economics.

We could be looking at $200/ tonne rock value for all 3 pipes of CH1, 7 and CH31. Just different ratios of grade versus valuations.

Combined tonnes for all 3 open pits could significantly justify increasing the throughput for the mill at Chidliak.  Don't think 2000 tpd is the end result.  I don't think it will get stupid...but pushing 3000 tpd for what we know is quite plausible. Pushing 4000 tpd as more information is unveiled is possible.

LONG...PGD

EKIM
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