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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum Peregrine Diamonds Ltd. PGDIF

Metals & Mining Industrial Metals & Minerals
"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 Discussion

Peregrine Diamonds Ltd. > diamond breakage
View:
Post by xDeBeers on Mar 08, 2016 6:30pm

diamond breakage

PGD used a smaller diameter drill to "bulk sample" the pipes. This is a great idea for saving some drilling dollars, but it seems the downside is an increase in diamond breakage compared to a larger diameter bauer drill.
Comment by Kodiboy on Mar 08, 2016 6:52pm
Xdebeers, can you please elaborate on why a larger drill is more expensive to use, or is it as simple as the bit costs more?  Thx in advance.
Comment by ekim on Mar 08, 2016 7:01pm
Nice to see you back xdebeers...were you circumventing the globe looking for diamonds? I think they have reasonably (yet with a touch of conservatism) adjusted in the model. The statement about...could be greater than US$155/carat I think speaks loud and clear to the potential given more carats and a clean set. Question is no longer...what happened...it is now what are they going to do about it ...more  
Peregrine Diamonds Ltd.