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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 cudjoon Oct 29, 2016 10:24am
71 Views
Post# 25401620

RE:RE:RE:Prediction

RE:RE:RE:Predictionshneps, go back and re read the MD&A, it is a winter program
 
The Company proposes to advance the Chidliak project further by completing a  core drill and a bulk sampling program  in Winter 2017.  Estimated  budgets for this proposed 2017 program  are approximately $10 million to $15 million. The objectives of the proposed program  are: i) at CH-6, acquire additional kimberlite for micro-diamond sampling from  kimberlite that is currently classified as TFFE and which occurs deeper than 250  meters (the  current  maximum  depth of the Inferred Resource); ii) upgrade the Inferred Resources at the CH-6 kimberlite to the Indicated Resource category; and, iii) to increase confidence in the Inferred Resources currently declared  for the CH-7 
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