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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 Apr 07, 2017 5:14pm
143 Views
Post# 26094247

RE:RE:RE:RE:BOTSWANA PROJECT

RE:RE:RE:RE:BOTSWANA PROJECTFocus in Botswana is on the Gope - Diti region.
They had 20 targets and prioritized 10 targets for sampling last year.

They have the sample results and they have some intriguing KIM sample results and they doing a full integration into the geophysical model and such before they take the next step.

In the AGM it was emphasized that these targets in Botswana are usually covered with at least 80 metres of kalahari sand. I took that as a translation to do as much homework as you can before you poke a hole through at least 80 metres of waste before maybe hitting some kimberlite material.

These targets aren't net new. They are untested targets from when De Beers held the property decades ago. At the time DBC left everything because it is on a games reserve. Apparently that is no longer an issue.  Not sure of the details.

What was also mentioned is that there is vast amount of data available for the Botswana property. I suspect it has a much richer set of data then canada based on the timeline for diamond exploration there and the accessibility to the land. (ie. no frozen tundra).

This is contrary to what I have found in the public domain (google searches, etc.). It is tough to find region specific information on the web. This may just be because everything is not all digital..so maybe there is a vast amount of physical media type data available...or possible just vast quantities of data available for a price.

I think it was mentioned today by someone that De Beers probably has not left the connection to PGD and the relationship still exists. Maybe this is being played out over in Botswana where PGD has some ex De Beers properties and De Beers is playing nice with old data sets.

LONG....PGD

EKIM
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