9 September 2015
September 09, 2015
Peregrine Diamonds Ltd. ("Peregrine" or the "Company") (TSX:PGD) is pleased to provide an update on its 100 percent-owned Chidliak diamond project ("Chidliak" or the "Project"). Chidliak is located 120 kilometres northeast of Iqaluit, the capital of Nunavut, Canada. Peregrine has successfully completed the 2015 field work program which was focused on continued development and expansion of the Chidliak diamond resource. Transportation of the 2015 CH-7 bulk sample from Iqaluit to Saskatoon is now complete. Dense Media Separation ("DMS") processing of the 558.5 wet tonne sample at the Saskatchewan Research Council ("SRC") will commence on September 14, 2015. The 2015 summer program was completed successfully approximately three weeks ahead of schedule. A total of 1,361 metres of core drilling was completed; 520 metres at CH-6 and 841 metres at CH-7. In addition, a total of 3,345 kilograms of kimberlite from CH-6 and CH-7 has been sampled and sent to the SRC for microdiamond analysis. Ongoing environmental base line studies were also completed.