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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 Feb 25, 2017 12:39pm
154 Views
Post# 25893399

Underground focus

Underground focusOne of the focuses of the next drill programme is to deepen the CH-6 deposit.

I would recommend they also look at defining the pearls as well.

Here is my last underground concept --> UG concept 2

I just had a re-read of it and it still holds true today as it did when I wrote it.

The problem with an underground scenario in most cases is that you  start off with 1 portal, 1 single heading that can advance anywhere between 70 metres to 120 metres per month (mostly depending on ground mechanics).  The Canadian is pretty decent for ground control....so you may push closer to 100 metres per month.

The scenario that I have laid out instantly creates 3 active headings...not just 1 single heading.
So, you can theoretically develop up to 300 metres per month in ramp development.

That means you can get to ore stoping as quickly as possible.

LONG...PGD

EKIM
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