Peregrine Diamonds Ltd. PGDIF

News Link - from PGD’s Website – PEA Date

[Silverwhere]

PRELIMINARY ECONOMIC ASSESSMENT

The Preliminary Economic Assessment of a Phase 1 Diamond Mine (“the PEA”) based on the combined CH-6 and CH-7 Inferred Mineral Resource of 15.62 million carats contained in 9.63 million tonnes of kimberlite is being completed by JDS with input from SRK Consulting Canada on geotechnical, infrastructure and tailings management.

JDS is a specialized, private mineral engineering, consulting and construction company focused on adding value to mineral projects with fit-for-purpose designs and exceptional execution. The JDS team has a long history of northern Canadian and diamond experience including the current construction of the Gahcho Kue diamond mine and the Silvertip silver and base-metals mine.

The PEA is well advanced, and results are expected in late June, 2016 as previously announced.
 
 
https://www.pdiam.com/news/news-releases/peregrine-announces-maiden-inferred-mineral-resource-of-4-23-million-carats-in-5-million-tonnes-2016-05-05

[Kidlapik]

15.62 million carats 9.63 million tonnes Depth of 240-260m only, open pittable. CH-6: 11.39 million carats at $213us/carat    =$ 2,426-million 4.64 million tonnes at $75/tonne           =  $ 348-million CH-7: 4.23 million carats at $113us/carat      = $ 478-million 4.99 million tonnes at $75

[ekim]

$75 per tonne operating cost is in CAD$$ too. I can't really see a scenario where it should be higher then that.long...PGD...ekim