GREY:PGDIF - Post by User
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Silverwhereon Feb 24, 2017 9:57pm
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Post# 25892398
Plan A: "strengthen the PGD horse"
Plan A: "strengthen the PGD horse"Excerpt from the Aug 19, 2016 JDS NI 43-101 Chidliak PEA Report prepared for PGD.
The following is page 1-15 (pdf page 28 of 311):
PEREGRINE DIAMONDS LTD. CHIDLIAK PEA
Effective Date: July 7, 2016
1.14.2 Opportunities
There are significant opportunities that could improve the economics, timing, and/or permitting potential of the project. The major opportunities that have been identified at this time, excluding those typical to all mining projects, such as changes in diamond prices, exchange rates, etc. are:
• Expansion of mine through delineation or development of additional economic kimberlites;
• Pit slope steepening resulting in an improved waste to mill feed strip ratio;
• Project strategy and optimization of mine plans and development schedule; and
• Tailings characterization to remove a liner in the tailings management facility.
Further information and assessments are required before these opportunities can be included in the project outcomes. This further work should be part of a Pre-Feasibility study.
1.15 Recommendations
In the opinion of JDS, the Chidliak Phase 1 Diamond Development Project is of sufficient merit to proceed to the Preliminary Feasibility Study (PFS) stage. This more advanced study will further detail:
• Mineral resources and diamond value;
• Engineering design;
• Project scheduling;
• Process flowsheet parameters; and
• Capital and operating costs.
The study will improve the confidence in the project design and execution, and will result in an improved accuracy of project economics.
It is also recommended that environmental monitoring and program planning, and permitting continue as needed to support Peregrine's project development plans.
It is estimated that a PFS and its supporting work programs will cost approximately $15.8 M. Major components of future work recommended are:
• Deep core drilling at CH-6 to better quantify the TFFE and possibly upgrade it to a Mineral Resource;
• Bulk sample CH-6 via surface trench and LDD in order to potentially upgrade the Inferred Mineral Resource to Indicated level; and
• Process engineering and geotechnical programs to better qualify process engineering requirements and refine mine design.
https://www.pdiam.com/assets/docs/technical-reports/peregrine-jds-chidliak-pea.final.2016-08-18_reduced.pdf
Also, write these (page numbers) down if need be before clicking the next link?
Pages 28 to 33 - see the PGD “Opportunities”
Page 35 - flowchart showing the Pre-feasibility scheduling throughout 2017
See here: https://www.pdiam.com/assets/docs/PGD-PEA-Investor-Update-July-12-2016.pdf