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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 shnepson Sep 06, 2017 2:41pm
90 Views
Post# 26662620

RE:RE:RE:RE:RE:RE:Port and Road and Share Price

RE:RE:RE:RE:RE:RE:Port and Road and Share PriceRacer-X, as seen below there was cover previously on the Chidliak area that was removed by the glaciers. "The eastern Hall Peninsula is an Archean gneissic terrain, into which all the Late JurassicEarly Cretaceous aged kimberlites (156.7139.1 Ma; Heaman et al., 2012) intruded. At present, there is no consolidated Phanerozoic sedimentary cover on the Hall Peninsula; however, a great number of sedimentary rock xenoliths yielding conodont microfossils were entrained by the kimberlites. These xenoliths suggest that Upper Ordovician and Lower Silurian strata with a total thickness about 270305 m were present on the Hall Peninsula at least until Early Cretaceous time (Zhang and Pell, 2013; 2014)." The xenoliths, they are drilling through, are chunks of the sedimentary cover that has broken off and floated down the pipe. Unfortunately these now fall into the category of "waste rock" during the mining process. If these were giant mantle xenoliths, full of diamonds, I'd look at it quite differently. Chidliak has many lovely mantle xenoliths that have protected the diamonds on their way to the surface. This is part of the reason why these diamonds are so exceptional. Having so few natural facets show's how little of the diamond was being absorbed during the transport process to the surface. High quality. Little round glass balls are shite.
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