28 November 2017
Peregrine Diamonds Ltd. reports microdiamond results from the CH-6 kimberlite at its 100% owned Chidliak diamond project in Nunavut, Canada. The 2017 resource expansion drill program at the CH-6 kimberlite has confirmed that the high-grade CH-6 kimberlite extends from surface to 540 metres below surface, an additional 280 metres below the 260-metre depth of the current CH-6 inferred resource announced on April 7, 2017. In addition, the presence of a very rare green diamond bodes well for the presence of other rare, coloured diamonds that could have a significant impact on the overall average prices eventually received for diamonds recovered from the Chidliak project.