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Bullboard - Stock Discussion Forum 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 Discussion

Peregrine Diamonds Ltd. > Plan A: "strengthen the PGD horse"
View:
Post by Silverwhere on Feb 24, 2017 9:57pm

Plan A: "strengthen the PGD horse"

Excerpt from the Aug 19, 2016 JDS NI 43-101 Chidliak PEA Report prepared for PGD.
 
The following is page 1-15 (pdf page 28 of 311):
 
PEREGRINE DIAMONDS LTD. CHIDLIAK PEA
 
Effective Date: July 7, 2016

 
1.14.2 Opportunities
 
There are significant opportunities that could improve the economics, timing, and/or permitting potential of the project. The major opportunities that have been identified at this time, excluding those typical to all mining projects, such as changes in diamond prices, exchange rates, etc. are:
 
Expansion of mine through delineation or development of additional economic kimberlites;
 
Pit slope steepening resulting in an improved waste to mill feed strip ratio;
 
• Project strategy and optimization of mine plans and development schedule; and
 
• Tailings characterization to remove a liner in the tailings management facility.
 
Further information and assessments are required before these opportunities can be included in the project outcomes. This further work should be part of a Pre-Feasibility study.
 

1.15 Recommendations
 
In the opinion of JDS, the Chidliak Phase 1 Diamond Development Project is of sufficient merit to proceed to the Preliminary Feasibility Study (PFS) stage. This more advanced study will further detail:
 
• Mineral resources and diamond value;
 
• Engineering design;
 
• Project scheduling;
 
• Process flowsheet parameters; and
 
• Capital and operating costs.
 
The study will improve the confidence in the project design and execution, and will result in an improved accuracy of project economics.
 
It is also recommended that environmental monitoring and program planning, and permitting continue as needed to support Peregrine's project development plans.
 
It is estimated that a PFS and its supporting work programs will cost approximately $15.8 M. Major components of future work recommended are:

 
Deep core drilling at CH-6 to better quantify the TFFE and possibly upgrade it to a Mineral Resource;
 
Bulk sample CH-6 via surface trench and LDD in order to potentially upgrade the Inferred Mineral Resource to Indicated level; and
 
• Process engineering and geotechnical programs to better qualify process engineering requirements and refine mine design.
 
 
https://www.pdiam.com/assets/docs/technical-reports/peregrine-jds-chidliak-pea.final.2016-08-18_reduced.pdf
 
 
Also, write these (page numbers) down if need be before clicking the next link?
 
Pages 28 to 33  -  see the PGD “Opportunities
 
Page 35  -  flowchart showing the Pre-feasibility scheduling throughout 2017

 
See here:  https://www.pdiam.com/assets/docs/PGD-PEA-Investor-Update-July-12-2016.pdf
 
Comment by northmark on Feb 25, 2017 12:37am
In other words we haven't had any news regarding the resource for 6 months. Not a peep since the botched conference call. Why? When was the last time we heard from Eric? Put a happy spin on that.
Comment by northmark on Feb 25, 2017 10:36am
Just to be clear on my position, I am not a basher. I will hang on until the end. We will see what happens during and after the PDAC. 
Comment by mill44 on Feb 25, 2017 11:59am
Even if you had no position in this, the truth is the truth, Northmark.
Comment by griefman on Feb 25, 2017 2:36pm
The truth and nothing but the truth, so help me G, oh, ah, no I won't go there....
Comment by ekim on Feb 25, 2017 12:25pm
PDAC is coming up pretty soon and if anyone stops by the PGD booth, I can't see them not being able to answer the question of what is up next for Chidliak. I'm sure whoever mans the booth would much prefer any confidential negotiations to be resolved by then to help answer real questions with real answers. PGD is pushing some promotion on the PDAC booth. PDAC is exponentially greater ...more  
Comment by griefman on Feb 25, 2017 2:53pm
I believe PDAC is a fairly expensive show to attend, is there anyone here planning to attend from the area?  Thx
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