31 March 2016
March 31st, 2016
Peregrine Diamonds Ltd. (“Peregrine” or “the Company”) (TSX:PGD) is pleased to provide an update on its Botswana diamond exploration program. The Company’s primary assets in Botswana are 11 prospective diamond Prospecting Licences that cover 6,613 km2 . The 2015 diamond exploration program focused on the Moralane and Malolwane areas and included drill testing of four priority kimberlite targets in the Moralane block. In addition, Peregrine secured three new licences covering the diamondiferous Sikwane kimberlites. The 2016 work program will focus on core drilling of the Sikwane kimberlites and target verification in the Mmashoro and Sikwane project areas.