Peregrine Diamonds Ltd. PGDIF

Resource expansion

[Kidlapik]

Clements said: "It is important to note that all of the resource expansion at CH-6 was near surface, above 120 metre depth. We are confident that more core drilling and the collection of bulk samples in 2015 will allow us to continue to grow the Chidliak diamond resource..."

https://www.pdiam.com/s/PressReleases.asp?ReportID=692279&_Type=Press-Releases&_Title=Peregrine-Reports-15-Increase-In-Ch-6-Kimberlite-Inferred-Diamond-Resource-...

So does that mean that the entire 21-30% increase they added to CH-6 was only from 0-120m? Or was he simply referring to the amount converted from TFFE to inferred? Does that same potential for expansion remain from 120-380m or has that discovery down to 120m already been modelled in down to 380m?

Just trying to fully understand the process.

[ekim]

I suspect the resource expansion was 2 fold. One was the overburden rc drilling probably brought up the kimberlite body closer to surface then previously estimated. The other thing is the upper body fattened out a bit.  The latter would be great for implying that the fattening would carry down at depth. EKIM